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01 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
February 1, 2013
Sched Netweb site
  • MOL profit warning: Expects net loss of US$1.94 billion for 2012
  • NYK Line upwardly revises profit forecast to US$66 million in 2012
  • Hanjin's posts 11.2pc more sales, but suffers US$585.6 million net loss
  • US GDP off 0.1pc in Q4, but 2012 growth at 2.2pc tops 1.8pc in 2011
  • Carriers cracking? MSC withdraws US$300/TEU Asia-Europe surcharge
  • Los Angeles-Long Beach ILWU clerks vote on union contract February 6
  • NZ firm joins others to form Greater Pacific Shipping for South Seas loops
  • Guangdong Customs declares provincial box volume up 0.5pc last year
  • Sao Paulo dockers mull February 4 strike over hiring non-union labour
  • Qinghai-Tibet rail freight volume up 5.8pc last year, setting new high
  • Mobile, Alabama port okays US$11.5 million for intermodal rail project
  • Virginia port privatisation hearing February 4 - APMT, Maher bidding
  • Norfolk Southern earmarks US$2 billion for asset upgrades in 2013
  • Nanning Railway launches measures to support agricultural transport
  • Cargotec names Finnair head Mika Vehvilaeinen as new president and CEO
  • OOCL to raise rates US$300/TEU on transatlantic westbound from March
  • Los Angeles air cargo increases 5pc in 2012, passengers up 2.9pc
  • European Commission formally kills UPS-TNT deal - leaves DHL on top
  • Amsterdam e-freight expands as Schiphol Cargo trains more users

Exim Indiaweb site
JANUARY 31, 2013
  • Alltime Shipping moves 1st export container from ICD-Dashrath to Hazira
  • Maersk Line connects from KPCT
  • Time for openness on ship registries, says Liberia
  • Chairman reaffirms JN Port s commitment to quality service on Republic Day
  • HAROPA delegation of French ports holds business meet in Chennai
  • Kerala industrial body sets up CFS near Vallarpadam ICTT
  • Maheshwari Handling Agency again facilitates record loading at Kandla Port
  • VCTPL beats MoS entities in friendly cricket match
  • States agree to 34,000-cr. GST compensation package

International Transport Journalweb site
JANUARY 31, 2013
  • New energy port in Nador (North Morocco)
    The King of Morocco has given his approval to build Nador West Med, a massive new energy port for Northern Morocco, and one of the cornerstones of the country's new USD 8.7 billion...
  • Banedanmark upgrades Danish rail fleet
    Siemens has been commissioned by the Danish railway infrastructure operator Banedanmark to equip 840 rail vehicles with the global system for mobile communication railways (GSM-R) ...
  • Record year for Groupe Eurotunnel
    The Channel tunnel operator Eurotunnel carried more trucks than ever before in 2012, and overshot the previous record year 2007. Last year Eurotunnel's shuttles transported 16% mor...
  • Plans for new authorised testing facility in North Wales
    The UK-based haulier OJ Jones & Son is waiting for permission from the Vehicle and Operator Services Agency (VOSA) to open a new site with an authorised testing facility (ATF) ...
  • British Gas takes delivery of 138 Nissan Primastars
    The Japanese vehicle manufacturer Nissan has delivered 138 Primastar vans to bolster the service fleet of British Gas. The energy provider's home services division took delivery of...
  • Kam Airline's alleged involvement in drug trafficking discussed by Afghanistan's Council of Ministers
    Kam Airline's alleged involvement in drug trafficking discussed by Afghanistan's Council of Ministers Afghanistan's Council of Ministers recently discussed allegations that the pr...
  • Contship Italia Group's CICT handles eight vessels handled simultaneously
    Cagliari International Container Terminal (CICT), the transhipment hub of the Contship Italia Group, rose to the challenge of welcoming two "mother" vessels operated by ...
  • New CFO for B2B supplier in packaging sector
    The Ratioform Group has named Joachim Eschke as a member of its executive board. As finance director and CFO, he will be responsible for controlling and administration. At earlier ...
  • Gezairi veteran moves on
    The Gezairi Transport Group has reported that Mohy Ghannoum, who held the position of managing director of the international freight forwarding division, is leaving the compan...
  • Asiana docks at Fraport Cargo Services
    South Korea-based Asiana Airlines is switching its handling partner at Frankfurt airport (Germany) tomorrow (1 February 2013). The carrier is moving from WFS to Fraport Cargo Servi...
  • Baltic Ground Services successfully launches operations in Italy
    Baltic Ground Services (BGS), an international provider of ground handling and aircraft fuelling services, is steadily strengthening its presence in the European market, by commenc...
  • Norbert Dentressangle boosts turnover in 2012
    The French transport and logistics service provider Norbert Dentressangle (ND) boosted its turnover to EUR 3.88 billion in financial 2012, 8.5% more than the EUR 3.58 billion gener...
  • UPS and TNT merger now formally vetoed by EU
    The multi-billion merger of the US logistics corporation United Parcel Service (UPS) and the Dutch service provider TNT Express has now been officially blocked, as expected, by the...

Marine Logweb site
JANUARY 31, 2013
  • Howard Fireman picked to lead new ABS department
  • Federal judge throws out U.S. suit against Bollinger
  • EB gets $41.58 million more for Hartford drydocking
  • ABB claims turbocharging "quantum leap"
  • Safety milestone for Signal Ship Repair
  • EC ends antitrust probe of two shipowner cooperatives
  • ACL in multi-year agreement to carry Exxon Mobil cargoes
  • Kirby reports increased fourth quarter earnings ...
  • Newport News Shipbuilding installs CVN 78 island
  • Aries Marine orders PSVs at Leevac Shipyards

World Wide Shipperweb site
JANUARY 31, 2013
  • Trade between NAFTA partners up during month of November
  • Crowley marks christening of new tanker FLORIDA
  • William P. Doyle confirmed as Federal Maritime Commissioner
  • Inchcape Shipping Services gives Greek strike update
  • CSX Taps Quintin Kendall as State Government V.P.

Lloyd's Listweb site
JANUARY 31, 2013
  • London flexes its muscle as a major maritime hub
    Lord Mayor underlines why the industry matters to UK economy
  • Brussels drops feeder antitrust probe
    Two schemes abandon controversial aspects of their agreements
  • Golar expands gas empire
    Will the gas player spread itself too thinly as it targets the supply chain?
  • Carnival unveils swap of UK shares for US stock
    Goal to earn 'economic benefit' on the side, says cruise major
  • Box line data opens up new rate opportunities
    Support grows for agreements that use indices as protection against price fluctuations
  • Singapore poised to be LNG game-changer
    Asian liquefied natural gas sector faces a shake-up
  • Seanergy sheds four Oldendorff-linked handysizes
    Transaction wipes $30m off debt and cuts fleet to eight units
  • Ports buying spree reveals CMHI's global ambitions
    Hong Kong-listed company is preparing to weather a slowdown in China, but analysts say it has overpaid to expand abroad
  • LaHood steps down as US transport secretary
    Replacement sought for Illinois Republican who oversaw Tiger Grant disbursement
  • Northland mine starts exporting iron ore from Sweden
    First shipments will travel from Narvik to Norway for Tata Steel
  • Shell pays top dollar to charter product tanker
    Atlantic trade a-buzz as high US gasoline prices boost trade
  • Kirby ends 2012 on a high
    Positive results forecast this year due to healthy prospects for coastal trades
  • Guards told 'do not shoot'
    'As soon as there are feet on deck everything stops', says Clipper security chief
  • Impairment on recent VLCC swap tips Capital into red
    Owner hails new boxship charters and brighter signs for product tankers
  • Golar's high-wire act
    LNG diversification will make or break Fredriksen gas firm
  • MOL takes $1bn hit to reduce spot bulker and tanker exposure
    Japanese shipping giant forecasts bearish markets
  • China Shipping Development announces surprise recovery
    Bulker and tanker player expects a small profit, beating forecasts
  • Arms and the men
    Three guards? Four guards? Does it make a difference?
  • Global oil spill trends
    Downward trends in oil spills continue despite an overall increase in oil trading, according to latest ITOPF analysis
  • Shell's LNG sales volumes rise 13%
    Energy major benefits from focus on gas
  • Stolt awaits better times for tankers
    Group relies on terminals and containers to drive profit growth this year
  • Samsung Heavy Industries forecasts upbeat year ahead
    Fourth-quarter net profit is lower but margin improves
  • NYK and K Line raise profit outlook despite weaker operating results
    Japanese shipping giants ride investment gains from strong stock markets

Fairplayweb site
JANUARY 31, 2013
  • 'K' Line, NYK return to black - but not MOL
    'K' LINE and Nippon Yusen Kaisha showed profits today when Japan's Big Three shipping companies released their earnings results for April-December 2012
  • CPP logs impairments
    NASDAQ-listed Capital Product Partners today announced impairments related to its VLCC-box ship swap and gave an update on its talks with bankrupt OSG
  • LNG bunkering seen as a transition only
    A BUNKERING conference has been warned that LNG cannot be seen as a long-term solution for maritime air pollution
  • P&I group clarifies Iran bunker rules
    BUNKER oil can include crude from Iran without violating EU sanctions, the International Group of P&I Clubs said - as long as Tehran is not the only source for the mix
  • Stolt-Nielsen profits drop for full financial year
    STOLT-Nielsen has reported higher profits for the final quarter of its financial year, but its full-year figure dropped year on year
  • CP sees more losses
    SHENZHEN-listed Changhang Phoenix has estimated a second consecutive year of losses for 2012, due to depressed freight rates
  • JNHI cut losses in 2012
    SHANGHAI-listed CSSC Jiangnan HI said today it cut its losses by 83% in 2012
  • Buy-back offer issued by STX Europe
    STX EUROPE today issued a voluntary offer for the company's outstanding bonds AKY03 and AKY04, listed on the Oslo bourse
  • TTA succeeds at second attempt to raise funds
    THORESEN Thai Agencies has succeeded in its second attempt to raise funds for fleet expansion, after an initial attempt failed in December 2012
  • OSG sheds more charters
    BANKRUPT OSG has jettisoned four more charter-ins after a Delaware judge approved its contract-rejection procedures last week
  • Oakajee scheme extended, but now what?
    THE OAKAJEE port and rail scheme won a stay of execution this week when Western Australia's government handed its Japanese owners an eight-year extension
  • Force majeure called on Rio's Kestrel contracts
    RIO TINTO has reportedly declared force majeure on contracts to sell coal from its Kestrel mine in Australia because of supply delays caused by flooding
  • Woodside LNG total rises record 30%
    WOODSIDE Petroleum's LNG production rose a record 30% in 2012, which the group attributed to the Pluto start-up off Karratha in Western Australia
  • Japan's Iranian crude intake drops again
    JAPAN's imports of Iranian crude oil have dropped 39.2% year on year to 11,116,035 kilolitres or 191,032 barrels per day, according to its trade & industry ministry
  • CMHI borrows $1Bn from sibling unit
    HONG KONG-listed port operator CMHI has reached a loan agreement for up to $1Bn with a sibling company

The Journal of Commerceweb site
JANUARY 31, 2013
  • All Nippon Airways' Profit Soars 54.6 Percent
    All Nippon Airways Co. (ANA) said on Thursday that its group net profit surged 54.6 percent in the first nine months of fiscal 2012, which started on April 1, 2012, from a year earlier to $573.63 million, despite a slump in cargo operations. The Japanese carrier's group revenue from overall operations...
  • Transport Corp. of India's Profit Fell 16 Percent in Third Quarter
    Trucking and logistics giant Transport Corporation of India reported on Thursday its net profit declined 16 percent year-over-year to $2.12 million in the third fiscal quarter, which ended Dec. 31, 2012, mainly because of rising operating costs. Operating revenue for the October-December quarter grew 6 percent to $92 million from $87...
  • NYK Line Posts Nine-Month Profit of $39.8 Million
    Shipping company NYK Line today reported profit in the first three quarters of fiscal year 2012, ending Dec. 31, 2012, was $39.8 million and revenue totaled $17.6 billion. NYK Line predicted that profit for the full fiscal year of 2012, ending March 31, 2013, would be $73.6 million and revenue, $23.1...
  • US Agencies Seize $13.6 Million in Fake NFL Goods
    Teams of special agents and officers from U.S. Immigration and Customs Enforcement's Homeland Security Investigations, U.S. Customs and Border Protection, U.S. Postal Inspection Service and state and local police departments nationwide, in partnership with the National Football League and other major sports leagues, have seized more than $13.6 million in...
  • New Trade Corridors Offer Opportunity for 3PLs
    Between 1995 and 2010, the value share of world merchandise trade in developed countries declined from 69 percent to 55 percent, while that of developing countries increased from 29 percent to 41 percent. South-south trade - commerce between developing countries - increased 13.7 percent a year for the period, well...
  • Senate Considers 'Equitable' Use of HMT
    WASHINGTON, D.C. - Sen. Barbara Boxer, D-Calif., on Thursday said she wants a more "equitable" use of Harbor Maintenance Trust Fund dollars within a long-delayed bill key to authorizing port and inland waterway project. The push to help some U.S. ports, particularly those on the West Coast, gain more of the...
  • 'K' Line in the Black and Carrying More Laden Containers
    Japanese ocean carrier "K" Line reported profit in the nine months ending Dec. 31, 2012, was 9.4 million yen (about US$102.9 million), up from a net loss of $461.5 million during the same period in 2011. From April to December 2012, operating revenue was $8.8 billion, compared with $8.0 billion during...
  • Ray LaHood's Freight Legacy
    Outgoing Transportation Secretary Ray LaHood's imprint on U.S. transportation goes far beyond cutting down on driving while texting and heralding high-speed rail. Arguably, the former Republican congressman's advancements in freight policy will last longer and have a larger impact on the national economy than the so-called sexier hallmarks of his...
  • Capital Product Partners Posts Loss for Quarter, Year
    Greek bulk shipowner Capital Product Partners, today reported a net loss of $35 million in the fourth quarter of 2012, dropping from a profit of $1 million in the fourth quarter of 2011. Quarterly revenue was $38.3 million, falling 13 percent from $44 million in the same period the previous year. For...
  • Covenant Transport in the Black for Quarter and Year
    Chattanooga, Tenn.-based truckload carrier Covenant Transport reported profit in the fourth quarter of 2012 was $1.5 million, up from a net loss of $2.2 million in the fourth quarter of 2011. Total quarterly revenue was $177.5 million, rising 9.6 percent from $162.0 million in the same quarter the previous year. Freight...
  • Rails Hit the Road to Push Intermodal
    When U.S. railroad executives released their fourth quarter 2012 earnings late last month, they couldn't help but talk about their trucking archrivals - and with good reason. The major railroads are betting an array of federal regulations will bite into trucking capacity in the second half of the year, giving shippers...
  • Trans-Pacific Spot Container Rates Decline
    Trans-Pacific spot rates dropped 3.4 percent to $2,438 per 40-foot container this week, showing erosion off a partially successful general rate increase implemented in the middle of the month, according to the Drewry Hong Kong-Los Angeles container rate benchmark. Two weeks ago, the index shot up 14 percent or $311 to...
  • Knight Transportation's Net Rose 6.4 Percent in 2012
    North American truckload transportation business Knight Transportation reported profit in the fourth quarter of 2012 was $17.7 million, up 1.3 percent from $17.5 million in the fourth quarter of 2011. Quarterly revenue increased 8.1 percent from $224.1 million in 2011 to $242.3 million in 2012. For the full year of 2012, profit...
  • Landstar's Profit Up 4 Percent in Fourth Quarter
    North American trucking and transportation company Landstar System today reported its profit in the fourth quarter of 2012 was $34.0 million, increasing 4 percent from $32.6 million in the fourth quarter of 2011. Quarterly revenue fell 4 percent from $717.5 million in 2011 to $691.3 million in 2012. However, the company noted...
  • Konecranes' Profit Rose 30.4 Percent in 2012
    Finland-based lifting equipment manufacturer Konecranes reported profit in the fourth quarter of 2012 was 22.3 million euros (about US$30.3 million), dropping 2.9 percent from $31.2 million in the fourth quarter of 2011. Quarterly sales rose 1.2 percent to $821.9 million. For the full year of 2012, profit was $115.0 million, jumping 30.4...
  • PACCAR's 2012 Profit Increased 7 Percent
    Truck manufacturer PACCAR today reported a net income of $1.1 billion in 2012,an increase of 7 percent from $1.0 billion in 2011. Annual revenue was a record $17.1 billion, up 4 percent compared with $16.4 billion in 2011. "PACCAR launched more new trucks in 2012 than in any other year," said Ron...
  • Canada Pressed to Alter Container Repositioning Rules
    Unlike in the U.S., foreign container lines can't reposition empty containers at Canadian ports, and the result is additional rail and truck costs that often are passed to shippers. The Shipping Federation of Canada wants that to change and is pressuring the government to amend the Coasting Trade Act, the...
  • Furniture Imports Growing With Housing Recovery
    The U.S. housing recovery bodes well for containerized imports of furniture and other home goods this year. Furniture accounts for 10 percent of U.S. containerized shipments, making it an important bellwether for container shipping. "Furniture imports are highly correlated with the housing market. If housing continues to recover, furniture imports will...
  • Ryder's Profit Jumped 24 Percent in 2012
    Trucking company Ryder System today reported its profit in the fourth quarter of 2012 was $53.8 million, rising 12 percent from $48.1 million in the fourth quarter of 2011. Quarterly revenue was $1.6 billion, a 3 percent increase compared with $1.5 billion in the same period the previous year. For the full year...
  • Red Tide for Shipowners
    Like the seas it sails on, the shipping industry rises and falls economically in many ways. One wave falling now that I believe will have the biggest impact on the industry involves the non-operating shipowners, and few will even know it happened. These entities have been an integral part of the...

Containerisation Internationalweb site
JANUARY 31, 2013
  • APM T boost for Algeciras
    APM Terminals will invest $57m to equip Algeciras with eight cranes to handle 18,000 teu container ships.The investment will consolidate the Spanish port's role ...
  • Box line data opens up new rate opportunities
    Price indices produced by container lines are gaining a foothold in contract negotiations between carriers and their customers.The volume of cargo covered by index-linked ...
  • Norbert Dentressangle records 8.5% growth in 2012
    French transport, logistics and freight forwarder, Norbert Dentressangle [ND] posted 8.5% growth in turnover to EUR3,880 million last year 'despite a worsening ...
  • China hits back in trade wars
    China's Ministry of Commerce has announced that it is to impose anti-dumping duties of up to 18.8% with immediate effect for a period of five years on the import ...
  • US economy shrinks in Q4 12
    A shock contraction of 0.1% was recorded in the US economy in the final three months of last year - the first since 2009. Wall Street analysts had been expecting ...
  • MSC withdraws $300 Asia-Europe surcharge
    Mediterranean Shipping Co has withdrawn a $300 per teu Asia-Europe peak season surcharge (PSS) which was to have taken effect at the end of last week against a ...

TradeWindsweb site
JANUARY 31, 2013
  • Exmar eyes rebound
    Exmar's fleet of very large gas carriers (VLGCs) is poised to cash in on a freight rate rebound in 2013, the Belgian shipowner told investors in its fourth-quarter earnings report Thursday.
  • Kirby edges ahead
    US tank-barge giant Kirby Corp has added $2m to its fourth quarter profit as margins improved.
  • Havila trims loss
    Havila Shipping has seen a slight improvement in its fourth quarter numbers despite revenue dipping.
  • Peake guilty of fix
    The former president of Sea Star Line has been convicted in Puerto Rico of rigging boxship rates from the US.
  • Courage in cape swoop
    Courage Marine has doubled its capesize fleet with the acquisition of a 1994-built vessel from Dong-A Tanker.
  • CPP hit by sale
    Marinakis company's Q4 loss $35m after impairment charge on disposal of two VLCCs.
  • Ventouris fights on
    A long running battle between Charalambos Ventouris and Credit Suisse over the loss of part of the shipowner's fortune is set to continue.
  • Sanoyas tightens up
    Japanese shipbuilder Sanoyas Holdings Corp has increased margins to post a bigger profit in the first nine months.
  • Leevac wins PSV double
    Leevac Shipyards in Louisiana has bagged an order for a pair of large platform supply vessels.
  • Meiji makes it black
    Japanese tanker and bulker owner Meiji Shipping has returned to profit over the first nine months of its financial year.
  • JES warns on profit
    JES International Holdings has told investors to expect a loss when the shipbuilder announces its full year earnings.
  • EU drops German probe
    The European Commission (EC) has scrapped an antitrust investigation into two German shipping cooperatives that are set to close down.
  • Petronas in MISC buy-out
    Malaysian state oil firm Petronas is planning a complete takeover of compatriot shipowner MISC that will see the company delisted from the Kuala Lumpur Stock Exchange.
  • What's inside the box?
    Marine insurers are to press for more information to be provided about the content of containers as part of efforts to improve ship safety.
  • TTA wins the day
    Shareholders of bulker owner Thoresen Thai Agencies (TTA) have approved a scaled-back THB 6.37bn ($214m) fundraising
  • Iino turns it around
    Iino Kaiun Kaisha has soared back into the black in the first nine months of the year.
  • What a waste
    A Princess Cruises vessel has been fined for dumping swimming pool water into a pristine Alaskan bay.
  • Azuma's profit dips
    Japan's Azuma Shipping has carded a small dip in nine-month profit.
  • NS United cuts loss
    Japanese bulker owner NS United has reduced its loss in the first nine months, but its full year is looking weaker.
  • Sasebo HI slumps
    Japanese shipbuilder Sasebo Heavy Industries has suffered a huge earnings reversal in the first nine months of the financial year.
  • Daiichi loss grows
    Cash-strapped Japanese owner Daiichi Chuo Kisen Kaisha has posted a bigger loss in the first three quarters - and the forecast is for more pain to come.
  • No recovery in 2013
    Niels Stolt-Nielsen has given a bleak assessment of prospects for the chemical tanker market saying he sees "no significant recovery in 2013".
  • Alltech eyes LNG splurge
    Russia's Alltech group is in talks to build four LNG carriers at state-owned United Shipbuilding Corporation (USC).
  • Yard workers feel pinch
    Workers at China's state-owned Guangzhou Shipyard International (GSI) have suffered a big salary reduction as the company cuts costs.
  • MOL bucks the trend
    Mitsui OSK Lines (MOL) is the only one of the big three Japanese shipowners not to report a return to profit in its latest results.
  • More for Spain?
    Spanish shipyards Barreras and Navantia are in advanced talks to build seven tugs for Mexican oil company Pemex.
  • 21st Century on block
    Bids are due on Thursday in a public auction for struggling Korean shipbuilder 21st Century.
  • NYK sees turnaround
    NYK, Japan's biggest shipowner by market value, has swung to a positive result in the first nine months of the fiscal year.
  • K Line back in profit
    K Line has posted a modest profit for the first nine months of the year thanks to improved results at its bulk shipping and containership divisions.
  • Coeclerici orders four
    Coeclerici is ordering four floating transfer stations (FTS) to bolster its transshipment business in Indonesia.
  • Golar Maria to drop down
    Golar LNG Partners (GMLP) is set to acquire an LNG carrier from fellow John Fredriksen company Golar LNG for $215m.

American Shipperweb site
JANUARY 31, 2013
  • CEVA announces e-fulfillment solution
  • ILA, USMX to continue contract talks
    James Capo, USMX's CEO, said the two sides are "still bargaining," but he could offer no further comment. In an update to members on its Facebook page, the ILA said yesterday it was "Ready to negotiate 'round the clock.'"
  • ABX settles price-fixing suit
  • Analysis: Cargo's impact in rumored American-US Airways deal
    Nothing is official and no documents - aside from a non-disclosure agreement - have likely been signed, but there have been reports of steady movement between the two parties toward the end goal of collaboration.
  • UPS maintains 4Q profit despite sluggish global economy
    The express carrier posted a $1.75 billion loss in the fourth quarter versus a $759 billion profit in the last three months of 2011, after taking a $3 billion after-tax charge.
  • Arkansas Best loss tied to union contract
    The firm is the only union less-than-truckload carrier that is still paying National Master Freight Agreement rates, a burdensome cost structure that could amount in the firm making network and personnel changes.
  • TransForce acquires Superior Driver Source
  • ABS forms environment, vessel performance group
  • Former Sea Star president found guilty of price-fixing
  • Crowley christens tanker in Philadelphia
  • Produce shippers prepare comments for FDA food safety regs

The Bunker Bulletinweb site
JANUARY 31, 2013
  • ABB boasts turbocharger is 'quantum leap' in tech development
    'In comparison to previous models, the A200-L has up to 30% additional volume flow, which to date is the equivalent to one size smaller in a series of turbochargers.'
  • Approval in principle for dual-fuelled LNG tanker
    One design includes a dual fuel diesel-electric engine and the other two-stroke low-speed engines.
  • Ship aground on coral reef to be dismantled at the scene
    US Navy could be fined $300 for each square metre of coral reef damaged.
  • Cruise giant calculates costs of 2015 ECA compliance
    But developments in scrubbers and other technologies could keep increases in check.
  • IFO prices up in Fujairah
    Most markets remain on upward path.
  • Prices firming in Rotterdam
    Prices moving upwards across European bunker hubs.
  • Gasnor to expand into northern Europe
    Company to establish itself in ARA and Hamburg.
  • NYK Line back in profit
    Group cut its costs by slow steaming and scrapping of older, less fuel efficient vessels.
  • Singapore fuel oil stocks show sharp rise
    Arbitrage arrivals running at 487,000 metric tonnes.
  • Norway sees electricity and LNG as fuel oil alternatives
    Ferries will be converted to LNG and electric power.
  • Asian bunker prices still firming
    Traders report mixed demand.
  • Project to help US shipbuilders lower bunker costs
    Lower bunker consumption can be achieved by reducing the weight of ships.
  • Court confirms that slow steaming was breach of charter
    UK court rejects appeal by shipper.
  • Sale of controlling stake in STX Pan Ocean under consideration
    Group's advisers have sent letters to potential buyers.
  • IEA: Biofuel will 'contribute to water scarcity'
    Water use for biofuel production is projected to increase by more than 240%.
  • Players respond to Sri Lankan bunker tax threat
    The port, which began operations last November, was to be Sri Lanka's major bunkering hub.

›››File
FROM THE HOME PAGE
European Commission meeting to define the strategy for the development of EU ports and maritime industry
Brussels
Call for papers by July 28th
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Rome
Messina: State Aid regime needs to be redesigned for European shipyards
In the first four months of 2025, maritime container traffic between Asia and Europe grew by +4.8%
Tokyo
-6.4% drop in shipments to Asian ports. +9.0% increase in unloading volumes in Europe
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Geneva
Recovery driven by importers who brought forward purchases in view of expected tariff increases
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
The transfer of 80% of Louis-Dreyfus Armateurs' capital to InfraVia has been implemented
Suresnes/Paris
The Louis-Dreyfus family retains the remaining 20%
Port of Genoa, green light for extension of concession to Spinelli until September 30
Genoa
Ok also to the extension to the Campostano group
The National Maritime Fund has started the recognition of scholarships
Genoa
They are granted for basic training and security familiarization courses.
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
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