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24 April 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
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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