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Independent journal on economy and transport policy
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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
LNG Ships and Taxonomy: EU Court Rejects Lack of Methane Limits
The Commission will have to set a methane emissions threshold for maritime transport criteria. The appeal by three NGOs was partially upheld.
Ports: The EU Commission calls on Italy to reject the national flag requirement for towing and mooring.
Brussels
France and Spain also received a reasoned opinion: two months to comply with the regulation on port services.
Another ship attacked in the Strait of Hormuz
Southampton/Tehran
Iran faces a shortage of basic goods, which are also imported through the Persian Gulf.
European Corridors: Italy Faces the 2030 Challenge
Brussels
National infrastructure largely compliant, but timing and funding of key projects remain uncertain
Electrification of ports and airports: the electricity grid is the new bottleneck
Brussels
Transport & Environment calls for speeding up connections and moving beyond the "first come, first served" criterion.
Boluda manages the multipurpose terminal at the Príncep d'Espanya pier in the port of Barcelona
Barcelona
The concession contract will have a duration of 16 years
The current value of Aeroporto di Genova Spa is between 14.9 and 15.9 million euros.
Genoa
PwC's assessment presented
FEPORT: EU ETS should not push transhipment out of Europe
Brussels
The terminal operators' federation calls on the ENVI commission to strengthen measures against tax evasion and to allocate part of the ETS revenues to ports.
New series of attacks on ships in the Strait of Hormuz
Southampton/Tehran/Tampa
Three tankers hit by shells. Another vessel caught fire.
Eurokai, higher revenues but lower profits
Eurokai, higher revenues but lower profits
Hamburg
Revenue up 14.4% and traffic up 8.3%, but net profit fell by 8.3% due to the lower share of Eurogate.
Genoa's boarding tax: the Regional Administrative Court rules in favor of the City Council.
Genoa
The appeal of shipowners and shipping agents was rejected
Carnival reports record revenues and profits in the June-August quarter despite a 36% increase in fuel costs.
Carnival reports record revenues and profits in the June-August quarter despite a 36% increase in fuel costs.
Miami
Customer deposits are at their highest. Prices and occupancy are expected to record next year.
Winners and losers in port connectivity: the long journey of Italian ports' ups and downs.
Winners and losers in port connectivity: the long journey of Italian ports' ups and downs.
Geneva
UNCTAD indices reveal a changing Mediterranean: Italy slips to seventh place, La Spezia, Trieste and Vado Ligure grow, while the South loses ground.
Electric trucks more affordable than diesel in six major EU markets
Brussels
According to T&E, in countries that account for 46% of European sales, electric vehicles have already become cheaper in five years. Italy, Spain, and Poland are lagging behind.
AP Moller Capital to acquire majority stake in Euroports
Copenhagen/Antwerp
R-Logitech will exit the capital, while PMV and SFPIM will remain shareholders
China, exports are growing but ports are slowing down
Beijing
In August, global foreign trade increased by +19.8%, but international goods handled by seaports decreased by -2.3%.
From Puertos del Estado to Ports of Italy: the same inspiration, an opposite outcome.
Genoa
For port reform, the government is referring to the Spanish model, but is building the exact opposite: yet another counter that the Italian corporate spirit knows how to invent so well.
Maritime ETS: Brussels opens up to hybrid and electric ferries, but Interferry demands more.
Brussels
The proposed revision strengthens the SMAP mechanism but leaves the issue of port networks and infrastructure to AFIR and FuelEU Maritime
Seafarer killed aboard bulk carrier attacked in the Strait of Hormuz
New Delhi/Southampton/Tehran
The other crew members were rescued.
Freight traffic in the ports of Genoa and Savona-Vado continues to oscillate between signs of recovery and slowdown
Genoa
In July, volumes increased in both Ligurian ports
Trasportounito offers an automatic system to adjust road haulage rates to the price of diesel.
Rome
Seafarers, five years after the Code of Conduct, the gap between policy and reality remains.
London
Shipping companies' compliance is growing, but issues remain regarding fatigue, psychological safety, complaints and recruitment fees.
Last month, ship traffic in the Suez Canal increased by +26.9%
Ismailia
In the first eight months of 2026, it was crossed by 9,602 ships (+17.4%)
Decision on crucial rail section of Scandinavian-Mediterranean Corridor in Germany postponed again
Hamburg
German port operators are calling for an acceleration of both new infrastructure and the upgrading of the existing line.
Kuehne+Nagel agrees to long-term strategic partnership with Amazon
Schindellegi
The agreement includes a call option on existing shares of the logistics group
MSC in talks to acquire German shipbuilding group Meyer Werft
New York
Currently, 80.73% of the capital is held by the German Federal Government and the State of Lower Saxony.
Trafigura creates a new shipping company dedicated to oil transport
Geneva
Initially Volare Shipping has a fleet of six VLCCs plus eight under construction
Shipowners are calling on EU member states to approve the inclusion of two Indian shipyards in the European list of ship recycling facilities.
Brussels
The new headquarters of the Italian Merchant Marine Academy has been inaugurated in Genoa.
Genoa
French ports see a balance between increases and decreases in the second quarter.
Paris
Total traffic reached 71.1 million tons (-0.2%). Containers increased by 8.1%.
The Genoa Port Master Plan, the Pra' dock, and the Multedo chemical depots are the thorniest issues in the discussions with operators and the local community.
Genoa
Crosetto: The Italian Navy will ensure the safe transit of Italian ships through the Strait of Bab el-Mandeb.
La Spezia
We have - the Minister of Defense underlined - the capabilities to protect its passage
Assiterminal: Seabed certainty and planned dredging are essential for port competitiveness.
Genoa
Mordeglia: We don't just need a simpler rule, we need a predictable one.
Germany is reforming VAT to make its ports more competitive.
Hamburg
The Conference of Finance Ministers approves the compensation model that should eliminate the pre-financing of the tax from 2030
Saudi Arabia denounces that the Houthis are pursuing a policy aimed at "strangling the Straits", holding the international community hostage
New York
The UN Security Council is divided between condemnations and calls for negotiations.
WTO: A reform of the trading system could increase global GDP by 3% by 2050
Geneva
The World Trade Report 2026 warns of the costs of fragmentation: up to 7% less global GDP in a world dominated by free trade agreements
One in ten containers is not up to standard
Washington
WSC publishes 2025 inspection data: out of 93,079 units inspected in seven countries, 9,645 had deficiencies
The World Shipping Council (WSC), the international association representing the world's leading container shipowners, has urged member states...
Maersk and Hapag-Lloyd to bring back four services on the Suez Canal route
Copenhagen/Hamburg
The lines connect Asia with Europe/Mediterranean
Neri and Nova Marine Carriers Groups to Control Calata Orlando Terminal
Lugano
The Livorno terminal will be the subject of a significant investment
Cavotec and EVIAS sign agreement for charging electric port vehicles on the move.
Stockholm
The Swedish company becomes the exclusive distributor and installer for the port sector of the French company's technologies
Hapag-Lloyd signs agreement with DP World to secure terminal capacity in Africa
Hamburg
The agreement concerns the ports of Dakar, Luanda, Dar es Salaam, Banana and Maputo
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
Filt Cgil, recognize maritime and port work as arduous
Rome
The union is calling for a clear provision to be included in the next budget law.
Tanker attacked in Hormuz
Southampton
The unit continued its navigation regularly
FS Logistix and Interporto Bologna presented the first Italian experimental DAC train
Assologistica event to discuss the Mediterranean strategy for Italian competitiveness
Rome
It will be held next October 30th in Naples
Sanilog launches a special cancer prevention campaign.
Rome
Three new areas dedicated to the prevention of head and neck and oral cavity cancers and the assessment of vascular risk
Contract awarded for dredging and completion of the electrification of the docks at the port of Gioia Tauro.
Gioia Tauro
They will be carried out respectively by Dravo and RTI Saet-Suardi
Student Naval Architect Award Awarded in Genoa
Genoa
The d'Amico Group and the Royal Institution of Naval Architects recognize excellence in naval engineering.
Freight transport is more expensive for Malta: €35 million per year between ETS, FuelEU and BAF
Zebbug
The hauliers' association calls on the government to challenge a European policy designed for the continent.
CMA CGM has finalized the acquisition of FedEx Supply Chain.
Marseille/Atlanta
With the transaction, CEVA Logistics' presence in North America has tripled.
Contships to order 10 feeder vessels with options for a further 10+10
Athens
Letter of intent with China's Hubei Guangji Green Energy Shipbuilding Group Co.
DP World signs agreement to develop deepwater port in Nigeria's Ogun State.
Dubai
The project includes approximately four kilometers of docks
New port regulations for Civitavecchia, Fiumicino, and Gaeta have been approved.
Civitavecchia
The procedural agreement with Interminal in Gaeta has been approved.
Kotug Acquires Majority Stake in Vortex Offshore
Rotterdam
The Dubai-based company provides maritime services to the offshore industry in the Middle East.
Over €1.9 billion in Spain to improve road and rail connections between ports
Madrid
Port authorities will contribute 875.1 million euros
Attica Holdings sold the ro-pax vessel Levka Ori for €8.3 million.
Kallithea
The ferry was built in 1987
DFDS's Trieste-Damietta ro-ro service will become bi-weekly in mid-October
Copenhagen
Inserting a second vessel into the route
The Italian Merchant Marine Academy increases cooperation with the Port of Durres.
Genoa
A memorandum of understanding has been signed
A volume on the history of the Tuscan port system will be presented in Livorno on Friday.
Livorno
A comparison of the key players in the port sector: from the reforms of the 1990s to the challenges of the future.
Suardiaz takes delivery of a 5,000-car LNG-powered car carrier
Madrid
A second PCTC vessel is expected in mid-2027
Hapag-Lloyd raises its 2026 outlook further
Hamburg
Strong demand and rising spot freight rates are pushing the company to significantly increase its EBITDA and EBIT forecasts.
UNIPORT's public meeting will be held in Rome on October 6th.
Rome
Debate on port reform and other relevant aspects of the sector
Pilot project for the production and use of green hydrogen at the port of Savona
Savona
Paroli (Western Ligurian Port Authority): a port area has been identified for work.
Tarros and Nurminen Logistics launch new Scandinavian-Mediterranean intermodal service
La Spezia/Helsinki
The land route connects Örebro, Parma and La Spezia
The first caisson of the breakwater protecting the regasification plant off the coast of Ravenna has been laid.
Ravenna
The maritime work will be approximately 900 metres long
Fincantieri and PT PAL sign agreement for the modernization of an Indonesian Navy vessel
Trieste
This is the "Kri Sriwijaya" unit (formerly "Giuseppe Garibaldi")
In Italy, the blue economy is worth 225 billion, and the nautical industry alone exceeds 10 billion in exports.
Rome
SACE's Focus On presented at the Genoa Boat Show
Fire aboard the Blue Star Ferries ro-ro vessel Blue Carrier 2
Kallithea
The 29 people on board were evacuated
Costs and timescales for the reconstruction of the four US Navy shipyards are rising exponentially.
Washington
If in 2018 21 billion dollars and 20 years of work were expected, today the estimate is 200 billion and at least 50 years.
Shipping faces its triple challenge: decarbonization, geopolitics, and the new geography of the automotive industry.
Chaff
At the Euromed Convention in Grimaldi, the sector is dealing with new environmental regulations, increasingly exposed routes and the shift of automotive production towards Southeast Asia.
Orizzonte Sistemi Navali signs a €3.7 billion contract for two destroyers
Trieste
The "Domenico Millelire" PPA has been delivered to the Navy.
Livorno: The Supreme Court of Cassation overturns the convictions in the Darsena Toscana docks affair.
Rome
The appeal ruling overturned the court's acquittal and convicted three defendants of ideological forgery.
The Port of Rijeka expects to close 2026 with a record container traffic of 800,000 TEUs.
River
With the new terminal on the island of Krk, traffic could rise to 1.7 million TEUs
Offshore wind energy funding: Pichetto reassures Taranto, but Taranto demands certainty.
Taranto
The 2026 funding for the Apulian port drops to €13.9 million. Gugliotti hopes for a formal confirmation of the remaining resources in 2027.
Port reform: The majority pushes ahead with Porti d'Italia SpA
Rome
The Chamber's Transport Committee rejects the opposition's suppressive amendments.
Gela's Porto Rifugio has received a favorable opinion for dredging the port's waters.
Palermo
Greenbrier Europe to produce NIK transshipment system for TX Logistik
Troisdorf/Berlin
Allows rapid loading of non-craneable semi-trailers onto trains
Maersk opens its own logistics center in the heart of Germany
Herleshausen
Located in Herleshausen, it has a surface area of 71,800 square meters
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
South Korea's HJ Shipbuilding & Construction Co. wins orders for four new 10,100 TEU containerships
Busan
The contract has a total value of approximately 500 million dollars.
Democratic Party: The government's port reform paves the way for privatization of Italian ports.
Rome
Ghio and Misiani: it also takes resources and skills away from the territories
Port self-production: The Council of State denies the segmentability of the authorization pursuant to Article 16, paragraph 3.
Rome
Cartour's "partial" authorization in the port of Salerno has been suspended.
Port of Miami closes fiscal 2026 with record cruise traffic
Miami
The threshold of ten million passengers has been exceeded, compared to 8.56 million in the previous financial year.
The Grimaldi Group has taken delivery of the new pure car and truck carrier Grande Egitto.
Naples
Its load capacity reaches 9,800 ceu
Port reform will be discussed in Genoa on October 2nd.
Genoa
Workshop organized by the AdSP and the Altero Matteoli association
Fratelli Cosulich strengthens its logistics network with the opening of Express Global Dubai
Dubai
Teresa Cosulich will be responsible for the new logistics office.
"A Sea of Switzerland" will be held in Lugano on October 9th
Lugano
Ninth edition of the International Forum on Transport and Infrastructure
Brullo Group orders three 40,800-ton deadweight oil/chemical tanker vessels
Rome
Order to the Chinese shipyard Anhui Shipyard
New attack on a ship in the Strait of Hormuz
Southampton
A bullet caused minor injuries to two crew members
A new megayacht production, maintenance, and storage hub opens in Trieste.
Trieste
Trieste Shipyards was founded by Seadock (Samer group) and Yachting Expertise and is owned by Friulia
Confitarma applauds the government's initiative to protect Italian ships in the Red Sea.
Rome
Zanetti: Maritime security is, in effect, a component of national economic security
Unions approve the platform for the single collective bargaining agreement for the shipping industry.
Rome
Filt, Fit and Uilt, is structured around three central elements such as salary, protection, participation and thirteen concrete requests
FHP Intermodal is increasing the frequency of its freight rail service between Fiorenzuola and Incoronata/Bari.
Milan
It goes up to five days a week
This year over 2,000 large yachts operated along the Italian coasts
Rome
Plus 10% for owned boats and a substantially stable trend for chartered ones
The event "Cyber-resilience in the maritime sector: defense, regulations, and European cooperation" will be held in Rome on Tuesday.
Rome
It is organized by Var Group and Confitarma
Smeup, with the acquisition of HTG, expands its portfolio in the logistics and transport sector
Erbusco
The Turin-based company specializes in the development of proprietary software
Saudi Arabian ports: Liquid bulk throughput to decline sharply in 2025
Riyadh
Total traffic fell to 298.3 million tonnes (-10.9%)
A delegation from the Lithuanian port of Klaipeda visited the port of Livorno
Livorno
In-depth comparison of their respective infrastructure development plans
New OOCL service between the Western Mediterranean and Canada
Hong Kong
Collaboration with Ocean Alliance companies and other carriers
The port's future is at the center of the event celebrating the 80th anniversary of Assosped Venezia and Asamar Veneto.
Venice
A conference on Friday will be the highlight of the festival
Increase in port workers at the ports of Monfalcone and Milazzo
Rome
Green light from the General Directorate for Ports, Logistics and Intermodality of the Ministry of the Interior.
Cargo traffic in Greek ports is sharply declining
Piraeus
Stagnation in passenger numbers
Mercitalia Shunting & Terminal has purchased eight Eurolight Dual bimodal locomotives
Rome
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
Assologistica event to discuss the Mediterranean strategy for Italian competitiveness
Rome
It will be held next October 30th in Naples
UNIPORT's public meeting will be held in Rome on October 6th.
Rome
Debate on port reform and other relevant aspects of the sector
››› Meetings File
PRESS REVIEW
Cosco Shipping arm readies China IPO to capitalise on global shipbuilding wave
(South China Morning Post)
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Container traffic in the port of Hong Kong grew by 22.1% last month.
Hong Kong
Total for the first eight months of 2026 unchanged
AGV Expo, a new European trade fair dedicated to self-guided vehicles, will be held in Piacenza next month.
Genoa
The event will also host a rich program of conferences
Massive transnational fraud discovered in the road haulage sector
Chieti
Illegal employment of non-EU workers
Cargo traffic at the port of Singapore decreased by -4.9% in August
Singapore
In the first eight months of 2026, the port handled 30.7 million containers (+4.2%)
Cochin Shipyard and Drydocks World to jointly develop new international ship repair center in Cochin
Mumbai
An Iranian merchant ship was hit in the Strait of Hormuz
Tehran/Southampton
One sailor died and four other crew members were injured.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
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