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30 July 2025 - Year XXIX
Independent journal on economy and transport policy
08:25 GMT+2
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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
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the first half of 2025, container traffic in the port of Gioia Tauro grew by +10.5%
Joy Taurus
2,186,211 TEUs were handled
A bulk carrier was attacked in the Red Sea
Portsmouth
The crew abandoned the ship which began to take on water
German government allocates 400 million euros to support energy transition in maritime-port sector
Over 78 million euros to the ports of Augusta and Taranto for offshore wind
Rome
Funds distributed over three years starting from 2025
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
Rijeka Gateway Terminal to become operational in early September
Copenhagen
The first ship at the second container terminal of the Croatian port is expected on September 12
Falteri (Federlogistica) urges us to focus on the development of "polycentric" logistics
Genoa
The Simplified Logistics Zone should be the cornerstone of the strategy
Tsuneishi Shipbuilding Co. acquired Mitsui E&S Shipbuilding Co.
Hiroshima/Tokyo
It was renamed Tsuneishi Solutions Tokyobay Co.
Pessina (Federagenti): Northern European logistics system is struggling. Let's take advantage of it!
Rome
Unexpected opportunity - he underlines - for the Mediterranean ports and Italian ones in particular
MSC Cruises Joins Carnival and Royal Caribbean in Capitalizing on Grand Bahama Shipyard
Miami
Negotiations underway since the end of 2024 have been successfully concluded
At The International Propeller Clubs the Dorso Award for the Mediterranean area
Naples
In recognition of the primary role played by logistics operators in Mediterranean traffic
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