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30 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
February 4, 2013
Sched Netweb site
  • US east coast ILA strike averted, dockers agree to tentative contract
  • HPH Trust 2012 profit up 16pc to US$293.95 million as revenue rises 28pc
  • Asia-Europe rates off 0.8pc to US$1,316/TEU, transpac suffers similar fate
  • Suez Canal increases tolls from May, 2pc for boxes, 5pc for bulkers
  • Vessels urged to steer clear of Macau-Hong Kong yacht race
  • China to hike rail rate US$0.0016 per tonne kilometre in first half
  • Rare slip: Xinjiang Pakistan trade declines 4.4pc to US$20.1 billion
  • Panama Canal trials JIT to cut dwell time before ships start transit
  • Canadian Pacific posts profit of US$14.95 million despite heavy expenses
  • US retail outlook subdued in 2013, bad news breeds cautionary spending
  • Shareholders told China Southern to increase capacity by 11pc this year
  • Eight companies mull bids for 35pc of Cargolux sold by Qatar Airways
  • Changi Airport cargo falls in 2012 but passenger traffic takes off

Exim Indiaweb site
FEBRUARY 1, 2013
  • Capt. M. M. Saggi takes charge as Director of Narottam Morarjee Institute of Shipping
  • Indian shipping industry unlikely to revive till 2015: India Ratings
  • LCL Logistix bags "Achievement in Continuous Improvement" award at supply chain event
  • Oil tanker market on course to recovery
  • Shell Marine Products opens up portfolio in India
  • Commerce Secretary inaugurates India s Trade Portal
  • India asks Bangladesh for supplier country status
  • Chettinad terminal s coal handling at 7 mt
  • China to take over Pakistan's Gwadar port operations
  • J. M. Baxi & Co. expeditiously discharges urea in bulk from vessel at Rozi
  • PSA s global throughput increases to 60.06 m TEUs in 2012
  • Tamil Nadu CM inaugurates Kattupalli port
  • Infra majors eye Railways port linkage projects
  • Forex reserves up $77.6 million
  • INR zooms to end at three-and-half month high of 53.19
  • Welspun Energy commissions 15 MW solar plant in Rajasthan
  • CaytransBBC strengthens Caribbean service

International Transport Journalweb site
FEBRUARY 1, 2013
  • JAL Cargo cuts fuel surcharge
    Japan Airlines (JAL) has applied to the Japanese Ministry of Land, Infrastructure, Transport and Tourism to revise down its international cargo fuel surcharge for flights departing...
  • Gulf Air to move forward route cancellations
    Bahrain's principal flag carrier, Gulf Air, is to start cancelling two routes earlier than previously planned. The Bahrain - Colombo (Sri Lanka) service will stop on 3 February 201...
  • Qatar Airways to serve last Australian destination with different aircraft type
    Qatar Airways, which planned to start using the Boeing 787 Dreamliner from today on its thrice times weekly Doha - Perth (Australia) service launched last July, will, instead, cont...
  • Daimler axing jobs
    Daimler is cutting the number of employees in its truck division by 2,100 worldwide. The main reductions will be in North America (1,300 redundancies) and in Germany (800 jobs). Ac...
  • SBB Cargo leases mainline locomotives to TX Logistik
    SBB Cargo and TX Logistik have signed an agreement enabling the latter company to hire up to twelve Re421 locomotives. TX Logistik wants to deploy the traction for its customers' d...
  • CSX plans new intermodal facility in Quebec
    The transport service provider CSX Corporation, based in Jacksonville FL (USA), plans to expand its intermodal presence in the greater Montreal region and Quebec (both Canada). The...
  • USA: freight theft still high
    In 2012, the total number of cargo thefts in the USA was almost as high as the record high in 2011, according to the new US cargo theft report by FreightWatch International. A tota...
  • K Line enhances Jabco services
    As from the end of February, the Japanese carrier K Line will upgrade its two-sling intra-Asia service (Jabco 1 and Jabco 2), thereby offering better transit times between Japan an...
  • Emirates names new vice-president cargo business and product development
    Emirates SkyCargo has selected Moaza Al Falahi to be its new vice-president cargo business and product development. She has been with Emirates since 2003, when she started a gradua...
  • New hands to guide Cargotec
    The Finnish goods flow optimiser Cargotec Oyi, parent company of MacGregor, Kalmar and Hiab, appointed Mika Vehviläinen as its new president and CEO as of 1 March 2013. Tapio ...
  • Agility Central Europe changing CFO
    The logistics service provider Agility recently chose Dirk Hochmann to be its new chief financial officer. He replaced Achim Schlüsener who left the company in December 2012. Hochm...
  • FedEx opens first forwarding office in Thailand
    FedEx Trade Networks has opened its first office in Thailand, in the capital Bangkok, and added the country to its international ocean shipping service. The new facility will allow...
  • Asstra transports trams to St Petersburg
    The global transport and logistics service provider Asstra has made a contribution towards modernising local transport in St Petersburg by conveying a number of heavylift and out-o...
  • Automotive: new CEO for Adam Opel AG
    General Motors' Opel unit has named Karl-Thomas Neumann as new CEO. Neumann, who previously worked as head of Volkswagen China and for the supplier Continental, will take up his ne...
  • ABX Logistics Worldwide NV/SA settles US class action lawsuit
    ABX Logistics Worldwide NV/SA has entered into an agreement to settle a US class action lawsuit alleging anti-competitive practices in connection with certain surcharges for freigh...

Marine Logweb site
FEBRUARY 1, 2013
  • Car carriers to have electric drive RO/RO equipment
  • Ray Isemann joins Jensen Maritime
  • ST Marine to build new Singapore Navy patrol vessels
  • FMT extends towboat construction at Eastern Shipbuilding

World Wide Shipperweb site
FEBRUARY 1, 2013
  • Port of Olympia sets meeting to discuss marine fueling station
  • Ray Isemann joining Jensen as senior sales account executive
  • Evergreen training center nets ClassNK certification
  • Port of Tacoma taps Tom Bellerud for box terminal business development
  • US rail freight traffic numbers come in on both sides of ledger

Lloyd's Listweb site
FEBRUARY 1, 2013
  • What price a new boxship?
    Yards and brokers disagree over whether the market has turned
  • Islamic finance is not just for Muslims
    Industry expects a western shipowner to secure the first sukuk loan soon
  • Scorpio orders four more fuel-efficient MR tankers
    Latest $130m spree follows bumper share issue
  • Eastern promise
    Baltic Exchange moves highlight shift to Asia for dry bulk's centre of gravity
  • Not so slick
    Double hulls have improved safety but the industry can do more to prevent oil spills
  • Encourage the others
    The intolerance of a shipping accident is limitless, while genuine understanding is in short supply
  • Navios Partners raises $64m in snap offering
    Frangou-led owner to swoop for more bulkers
  • Valero books time charter to avoid product tanker spot market spike
    Transatlantic rates climb
  • OSG seeks to return four more chartered-in ships
    Company obligated to weed out loss-making deals, says Arntzen
  • Pakistan hands Gwadar to Chinese operator
    Move overrules US objections to Asian superpower expanding its regional presence
  • Restricting US LNG exports 'violates trade rules'
    Curbs breach WTO terms and weaken country's credibility, says think-tank
  • HPH Trust posts higher fourth-quarter profit
    But port giant's first full-year results miss prospectus targets
  • MSC buys stake in Long Beach terminal
    Box line move follows CMA CGM investment
  • Capital Product upbeat about OSG charter hire
    Greece-based owner expects tanker openings to catch products upswing
  • China Merchants Energy Shipping orders up to five VLCCs
    Contract placed with DSIC could herald new shopping spree
  • Asia continues to lead shift in dry bulk broking trends
    Baltic Exchange moves capesize rates reporting forward
  • Petronas aims to delist MISC
    Move would give oil giant greater leeway in guiding investment strategy
  • Capesizes quiet ahead of lunar holiday
    Courage Marine re-enters near-bottom market despite uninspiring outlook
  • STX Dalian workers demand overdue wages for Chinese new year trip home
    Global shipping industrial woes add to home-grown social unrest
  • Yang Ming establishes Australia joint venture
    Deal with ISS seeks to improve Taiwan container line's operations
  • Alles ist nicht in Ordnung
    InsO, Germany's 'answer to Chapter 11', is burdensome and bureaucratic
  • Waigaoqiao wins orders for up to eight capesize bulk carriers
    Shipyard secures 11 capesize bulker orders plus seven options since late 2012
  • Court agrees to hear Blue Whale appeal
    Is registering a US office after the fact grounds to unlock Rule B attachment?
  • Greeks spent $9bn on ships last year
    Newbuild orders halved but secondhand activity increased

Fairplayweb site
FEBRUARY 1, 2013
  • Ex-Beluga boss to be charged with fraud
    BREMEN said today it is charging the founder of bankrupt Beluga, Niels Stolberg, with 16 counts of fraud
  • Navios Partners follow-on priced
    ANGELIKI Frangou's Navios Partners today priced a follow-on offering as shipping's access to US investors continues its rebound
  • KEPCO picks builders for 9-ship contract
    KOREA Electric Power has awarded its tender for nine Capesize bulkers to two Asian consortia
  • Exmar roars back
    ANTWERP gas carrier operator Exmar said today it strongly returned to profit last year
  • Yangzijiang's abandoned box ships spark talks
    CHINESE builder Yangzijiang is discussing with a German customer a possible cancellation of a nearly completed series of 2,550teu box ships, sector sources told Fairplay today
  • Logistics giant warns on freight volatility
    SHIPPERS must brace themselves for more erratic ups and downs in ocean freight rates this year, global forwarding group Bolloré Logistics/SDV has warned today
  • Box rates slip outside of reefer sector
    AVERAGE box rates softened again this week despite general rate increases approaching for most routes
  • Suspect charged in UK drug smuggling case
    A DUTCH man has reportedly been charged after cocaine and amphetamines valued at up to £13.4M ($21.2M) were seized at Harwich's port
  • China Exim seen imperiling shipping asset values
    A MOVE by the Chinese export credit group China Exim to fill the newbuilding finance gap left by commercial lenders threatens asset values, a shipping analyst has warned
  • Shanghai shipping insurance sector gains
    SHANGHAI'S income direct-written hull insurance deals totalled 2.26M yuan ($364M) in 2012, a regulatory panel for the sector said
  • PETRONAS offers to buy out MISC
    MALAYSIA'S national oil and gas company PETRONAS is offering to buy out its shipping subsidiary MISC for $2.8Bn
  • Siem lent $35M
    SIEM SHIPPING, the London group previously known as Star Reefers, said today it has been lent $35M by a principal shareholder
  • Japan's 2012 vehicle output rises 18%
    JAPAN's vehicle production rose 18.4% year on year to 9,942,711 units in 2012, marking a recovery from the earthquake/tsunami in 2011
  • Seadrill orders two rigs
    SEADRILL has ordered two jack-up rigs and warned that relocating its head office to London is cost it more than expected
  • Daiichi Chuo losses widen to $221.9M
    JAPANESE bulker operator Daiichi Chuo Kisen Kaisha widened losses to 20.2Bn yen ($221.87M) for the last nine months of 2012

The Journal of Commerceweb site
FEBRUARY 1, 2013
  • Mitsui O.S.K. Lines Predicts FY Loss of $2 Billion
    Mitsui O.S.K. Lines, the parent company of the Japanese ocean carrier MOL, reported a net loss of $678.1 million in the third quarter of 2012, ending Dec. 31. Quarterly revenue was $12.9 billion. For the full fiscal year of 2012, ending March 31, 2013, the company predicts a net loss of...
  • Alianca Receives Delivery of New 3,800-TEU Ship
    Sebastio Caboto vessel, the first of four to be delivered to Alianca. Ocean container carrier Alianca has received delivery of the first of four identical vessels to be deployed in its Brazilian coastal service. Sebastio Caboto, with a capacity of 3,800 20-foot-equivalent units and 500 plugs for refrigerated containers, is scheduled to...
  • Delmas Alters Brazil Port Itinerary
    Delmas' SAMWAF route with new Itajai, Brazil call. France-based Delmas Shipping, a containerized freight and roll-on, roll-off shipping company, has added a call at Itajai, Brazil, on its South American SAMWAF line, replacing the call at Sao Francisco do Sul, Brazil, in order to meet increased demand for refrigerated shipping services. Vessels...
  • Yusen Logistics' Net Profit Sinks 54.5 Percent
    Major Japanese international freight forwarder Yusen Logistics Co. said that its group net profit plunged 54.5 percent in the first nine months of fiscal 2012, which started on April 1, 2012, from a year earlier to $16.24 million. The company saw its group operating revenue rise 7.0 percent in the April-December...
  • Expansion of Newell Rubbermaid Facility Completed
    Newell Rubbermaid's new facility at Southern California Logistics Centre. Stirling Capital Investments has completed construction of a 76,800-square-foot facility expansion at the Southern California Logistics Centre, a 2,500-acre industrial and commercial complex in Victorville, Calif., that is part of Global Access Victorville. The construction enhancements were made to accommodate the increased nationwide...
  • UASC to Hike US-Middle East Rates
    Ocean carrier United Arab Shipping Co. will implement a general rate increase on all U.S. export cargo to the Middle East and Mediterranean, effective March 1. It will apply to all tariff ocean freight rates and service contracts. The rate hike will be $150 per 20-foot container and $200 per 40-foot...
  • Cosco Sets Bunker, Currency Surcharges
    Cosco Container Lines today announced an emergency bunker surcharge adjustment for both eastbound and westbound shipments in Far East to Northwest Europe and Mediterranean trade, effective March 1, until further notice. The new surcharges are $146 per 20-foot-equivalent between the Far East and Northwest Europe and $133 per TEU between...
  • Pakistan OKs PSA International's Exit From Gwadar Port
    The Pakistan government has cleared a proposal to transfer management and operation of Gwadar Port from Singapore's PSA International to China Overseas Port Holdings Ltd. The transfer was approved by Pakistan's cabinet council on Thursday, according to local media reports. "Both companies have settled their deal," said Pakistan Information Minister Qamar Zaman...
  • China PMI Reveals Fragile Recovery
    China's official purchasing managers' index subsided last month as signs of a full economic bounce-back proved illusory. The PMI dropped to 50.4 in January, down from the 50.6 recorded in the two previous months. However, the sub-index for new orders improved marginally to 50 points in January after contractions of 48.8 and...
  • Yang Ming Opens Branch in Australia
    Taiwan-based ocean shipping company Yang Ming Marine Transport today set up Yang Ming (Australia) with Inchcape Shipping Services to expand its market in Australia. Yang Ming currently provides two weekly sailings between ports in Asia and Australia. The China-Korea-Australia route includes calls at Busan, South Korea; Shanghai; Ningbo, China; Shekou, China;...
  • WTO Establishes Panels for Argentina Disputes
    The World Trade Organization's Dispute Settlement Body has established a single panel to investigate complaints by the European Union, the U.S. and Japan concerning Argentina's measures on imported goods, which allegedly violate WTO regulations, including trade and licensing agreements. Argentina said that it had repealed automatic import licenses, as well as non-automatic...
  • 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...
  • Florida to Spend $8.3 Billion on Infrastructure Projects
    Gov. Rick Scott's Florida Families First Budget for fiscal year 2014 fully funds the Florida Department of Transportation's Work Program $8.3 billion investments in port, highway, bridge and other transportation infrastructure improvements. The budget includes $3.6 billion for the construction of highway projects; $765 million for maintenance and operation; $401 million...
  • Old Dominion Moves to Bigger Ohio Facility
    Old Dominion Freight Line today moved its service center in Toledo, Ohio, to an expanded 48-door facility with more yard space and a larger dock. "With the relocation to this expanded facility, Old Dominion is better poised for growth in northern Ohio and southeast Michigan," said Mike Leskovec, manager of the...
  • Carrier Investments at Long Beach Signal Importance of Terminal Operations
    The announcement that Mediterranean Shipping Co. will invest in the Total Terminals International facility at the Port of Long Beach comes barely one month after the port announced that CMA CGM is taking an equity stake in the Pacific Container Terminal that is operated by SSA Marine. "Two of the top...
  • Tacoma Hires Bellerud to Lead Container Business
    Tom Bellerud, Port of Tacoma's new director of container terminal business development. Port of Tacoma, Wash., has hired Tom Bellerud to lead container terminal business development. He succeeds Brendan Dugan, who left in 2012. In his new role, Bellerud is responsible for the profitability and growth of the port's international and domestic container...
  • MSC Buys Stake in Port of Long Beach's Pier T
    Mediterranean Shipping Company has increased its investment at the Port of Long Beach in California, according to J. Christopher Lytle, the port's executive director, in his "State of the Port" announcement. MSC has purchased a stake in the leasehold for the marine terminal operations at Pier T. The ocean cargo line...

Containerisation Internationalweb site
FEBRUARY 1, 2013
  • Fourth Railway Package: good in parts
    The UK Rail Freight Group has broadly welcomed the 4th Railway Package, issued by the European Commission this week. But it believed the framework ...
  • Brussels drops feeder antitrust probe
    The European Commission has closed antitrust investigations into two schemes designed to stabilise conditions in the container and bulk feeder trades after members ...
  • Greek strike stymies transport
    A 48-hour strike by doctors, port workers and public sector workers in Athens against deeply unpopular austerity measures severely disrupted transport and shipping ...
  • MOL forecasts $2 billion loss
    Japanese shipping group Mitsui OSK Lines [MOL] projects that its full-year 2012 [to March 31 2013] net loss will be much worse than its previous outlook hitting ...
  • Carriers gamble on new GRIs
    COSCON has joined Hapag-Lloyd in announcing a mid-March general rate increase on the Asia - Europe westbound trade; in this case the GRI is $775 per teu compared ...
  • NYK and K Line raise profit outlook

TradeWindsweb site
FEBRUARY 1, 2013
  • Pak packs up
    Michael Pak's career with Clarkson Capital Markets appears to be drawing to a close.
  • OSX to pocket $250m
    Eike Batista's OSX has launched the second stage of its potential $1bn fundraiser.
  • Navios casts net
    Navios Maritime Partners of Greece could have as much as $130m in dry powder when it completes its latest follow-on equity offering, according to Justin Yagerman.
  • NCL in fresh fundraiser
    Newly listed Norwegian Cruise Line (NCL) is plotting a $300m fundraiser from a bond sale.
  • Spanish yards cry foul
    Basque shipyards' association Adimde has called on the European Union to investigate Dutch rivals' leasing system for new vessel orders.
  • Scorpio scores six more
    Scorpio Tankers is splashing out on up to six more MR product carrier newbuildings just two days after swelling its war chest by $230m.
  • Pirates get 10 years
    Two Somali men have been jailed for 10 years in Japan for an attack on an MOL aframax in 2011.
  • Mipo tipped for record
    Hyundai Mipo Dockyard of Korea could win new orders worth $4bn this year, its best ever annual return.
  • Capes come in earlier
    Bulker market watchers will now be getting their daily capesize fix two hours earlier as the Baltic Exchange shifts its assessments forward to reflect Asian activity.
  • Shipping like shopping
    We take a look at what was said in the market over the past week.
  • Pallas stretches Thun deal
    Swedish owner Pallas Shipping has stretched the time charter on one of its three vessels for a sixth year.
  • Fjord Line's bond boost
    Norway's Fjord Line has sold NOK 300m ($55m) of bonds to help fund newbuildings.
  • London's number 1
    TradeWinds digests the digits making the headlines this week.
  • Orlova gets a tow
    The drifting cruiseship Lyubov Orlova has finally been taken under tow again off Canada.
  • Euronav stretching debt
    Belgian tanker owner Euronav is asking investors to extend debt repayments by swapping bonds.
  • Greece hit by strike
    The Greek seafarers' union has brought shipping to a halt in many of the country's ports with a 48-hour strike.
  • Maersk's China hope
    AP Moller-Maersk chief Nils Andersen believes Chinese imports offer the biggest growth potential for container lines in the current slump.
  • Siem seals upgrade funds
    Siem Shipping has secured financing from its parent company to fund major alterations to four of its vessels.
  • Grindrod feeling better
    South African tanker and bulker owner Grindrod is expecting to post a much better profit for the year just ended.
  • Nanjing under threat
    Chinese owner Nanjing Tanker faces suspension and a possible delisting from the Shanghai stock exchange as losses continue.
  • Airbus ro-ro aground
    A ro-ro vessel used to ship wings for A380 aircraft from the UK to France has run aground on a sandbank off Liverpool.
  • Sanoyas breaks its duck
    Japan's Sanoyas Holdings has booked an eco-bulker - its first new bit of business since last April.
  • Big John back at Dalian
    John Fredriksen's Seadrill has returned to China for another pair of jack-up drilling rig newbuildings.
  • Sasebo inks bulk trio
    Japan's Sasebo Heavy Industries has revealed three new bulker orders.
  • Seadrill expenses up
    Seadrill, the John Fredriksen drilling company, has warned it faces higher costs and downtime in the next few quarters.
  • COSL plans big spend
    China Oilfield Services Ltd (COSL) has unveiled plans to build two jack-ups and one semi-sub drilling rig this year.
  • Navios MLP seeks funds
    Navios Maritime Partners has embarked on a fresh round of fund raising with a planned share issue.
  • Suez to lift rates
    The Suez Canal Authority (SCA) is set to raise transit fees for shipping by between 2% and 5% from 1 May, it said Thursday.
  • Gladstone Port re-opens
    Gladstone Port has re-opened following the recent severe flooding, but is reported to only have one-and-a-half weeks' of coal stockpiled.

American Shipperweb site
FEBRUARY 1, 2013
  • Removed barriers boost U.S. ag trade by $4 billion
    During past year, USDA has eliminated barriers, opened markets, secured the release of U.S. shipments held in foreign ports, and ensured the safe movement of agricultural products consistent with international standards.
  • Surface trade from U.S. rises in November
  • Japanese carriers report mixed 3Q results
  • ANA to lose 1.4 billion yen over 787 issues
    The Japanese carrier operated 17 planes before an exploding battery forced it to ground its fleet. In January, this led to 459 domestic and overseas flight cancellations.
  • World Economic Forum wades into Jones Act debate
    "Though justified for decades as national security measures, many cabotage regulations... are motivated largely by protectionist concerns for local industries and employment," the organization said.
  • Defense renews freight payment contract with U.S. Bank
  • MSC buys stake in Port of Long Beach's Pier T
    The world's second largest container carrier has decided to purchase a stake in the leasehold for the marine terminal operations at Pier T, the largest container terminal in the SoCal port.
  • Lytle stresses Long Beach's capacity advantage in annual address
  • Air cargo demand ends 2012 on sour note
  • Transport workers lose 14,000 jobs in January
  • Egypt protests affect ports
  • ILA contract talks continue
    "I think there is still a lot of skepticism and concern out there, rightfully so," said Curtis Foltz, executive director of the Georgia Ports Authority, during an interview with American Shipper. "But every day they are at the table, I'm more optimistic."
  • CaroTrans to use Freightgate rate quote module
  • COSCO raising Asia-Europe rates
  • DHL offers LCL barge transport from German port
  • DB Schenker takes over U.K. rail terminal
  • Executive moves

The Bunker Bulletinweb site
FEBRUARY 1, 2013
  • Bunker prices end week higher in the Americas
    Demand was heavy on the US Gulf, according to a local trader.
  • Weekly global bunker market update
    A weekly price round up of bunkering hubs from around the globe.
  • Washington State Ferries and DNV to conduct LNG workshop
    The LNG workshop will take place from February 13 to 15.
  • Vessels grounded after ro-ro sinks in Philippines
    PPA borrowed an oil boom from a nearby fuelling station to manage any potential oil spill.
  • ABS launches Operational and Environmental Performance Department
    Team will tackle critical industry issues of operational performance, energy efficiency and environmental compliance.
  • Brunsbuttel aims to be first mover in LNG bunker market
    Port's location offers opportunities for LNG bunkering.
  • Scorpio places another order for newbuilds
    Orders are continuation of newbuilding programme for fuel-efficient vessels.
  • Prices show gains in Fujairah
    Prices fall in Suez.
  • Prices stick to upward trend
    But price outlook mixed in Mediterranean.
  • 'Methane slip' blots LNG's green credentials
    Environmentalist says reducing speed more effective against climate change.
  • Slow growth and high bunker costs are the new 'norm'
    Analysts say container sector needs strategies to cope with 'the worst of times'.
  • P&I clubs alert members to change in Iranian sanctions
    'It would seem that ships stemming bunkers that contain a blend of Iranian origin crude oil will not be caught by the prohibitions.'
  • Exmar posts profit for 2012
    Outlook encouraging for 2013, says company.
  • Bio-LNG: EUR400 per tonne possible
    Costs fall when bio-LNG comes from landfills, says Dutch firm.
  • MOL posts losses for first nine months of 2012
    Only one of the big three Japanese shipowners not to report a return to profit.
  • Asian bunker prices end week on firm note
    Asian players report no problems with avails.
  • K Line posts profits for first nine months of 2012
    But 'high fuel oil prices' and currency movements make shipping sector 'generally unstable'.
  • Yachts in Italy searched for bunkering violations
    Officials questioned captains on fuel tax-related issues, including charter contracts, oil record books and bunkering agreements.
  • Indian shipping firms face another tough year
    Market 'unlikely to stabilise until 2015'.
  • Bunker spill clean-up at Novorossiysk
    Spill occured during refuelling of asphalt and bitumen tanker Hercules.

›››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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