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28 April 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
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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