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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
March 4, 2013
Sched Netweb site
  • Asia-Europe rates off 7.9pc to US$1,104/TEU, Asia-Med down 10pc
  • Global freight rates stabilise with 4pc hike expected in 2013: Drewry
  • NDRC delivers blow to Chinese logistics - 13pc rail freight rate increase
  • EU wins WTO backing in row with China over duties on x-ray scanners
  • Chongqing-Xinjiang-Europe freight trains to start thrice-weekly service
  • Maersk ends its participation in LA-Australia Oceania PSW service
  • Hamburg's Russian boxes up 13pc in 2012, becomes 2nd trading partner
  • Hungary seeks Chinese financing for rail link to bypass busy Budapest
  • DHL opens warehouse in Indonesia as part of US$52.6 million investment
  • Hactl moves its largest-ever horse charter - 63 mounts from Liege to HK
  • JAL net profit declines 5.3pc despite a 3.6pc increase in revenue
  • Russian AN-2 takes it longest ever flight from Siberia to Cape Town

Exim Indiaweb site
MARCH 1, 2013
  • CMA CGM offering cruises on world's largest containership!
  • G6 cancels slow steaming on eastbound return leg of Asia-Europe service
  • ICS to publish eBooks
  • Mystic Shipping facilitates record bulk loading of millscale at Kandla Port
  • Shore leave: ISF proposes new pragmatic approach to visa requirements
  • UASC s GEM1 service makes inaugural Hazira call
  • Sugar to attract 20 pc export duty
  • Yarn exports may touch record high on strong Chinese demand
  • Antwerp Port building world s biggest lock
  • VOC Port s Outer Harbour project finds mention in Budget
  • Forex reserves plunge to $ 292 bn
  • INR at two-month low
  • No change in normal rates of excise duty & service tax
  • Shipping & ports related proposals in Budget 2013-14
  • Budget 2013-14 Reactions
  • FM allocates INR 5,000 cr. to boost warehousing capacity
  • African knowledge & experience key to minimising risks & increasing South African project & break-bulk business to West Africa
  • Heavy steam drum sails from Italy to Germany
  • Project forwarding training rings in Year of the Snake

International Transport Journalweb site
MARCH 1, 2013
  • Qatar Cargo replacing A300-600 freighters
    Scheduled for today (1 March), Qatar Airways is launching operations with its first of three A330-300X freighters. The new mid-size long-haul cargo aircraft will gradually replace ...
  • Cargolux to add Port Harcourt to African network
    The Luxembourg-based cargo-only airline Cargolux is adding the new destination Port Harcourt (Nigeria) to its African network. The inaugural service will be operated by the carrier...
  • New roadside facilities for truck drivers in South Australia
    Truck drivers in South Australia will benefit from more and better roadside facilities, after the Federal and South Australian governments each agreed to provide around AUD 4 milli...
  • Safmarine MPV appoints Socopao as liner agent in South Africa
    Safmarine MPV has appointed Socopao as its full liner agent in South Africa, effective from April 2013. Deploying a dedicated fleet of multipurpose vessels, Safmarine MPV connects ...
  • Mitsubishi Fuso Truck and Bus Corp planning 40 market launches in 2013
    The Asian commercial vehicle producer Mitsubishi Fuso Truck and Bus Corporation (MFTBC), headquartered in Kawasaki (Japan), grew global sales by 18% to a total of 174,600 sold unit...
  • Titagarh FreightCar enterprise to be wound up
    Titagarh Wagons Ltd (TWL) and FreightCar America Inc (FCA) have agreed to wind up and dissolve their Indian joint venture company Titagarh FreightCar Private Ltd. The latter was in...
  • Intercontinental change at the head of UPS International
    Jim Barber will be president of UPS International from May 2013 on. His predecessor Dan Brutto, in charge of UPS's international strategy over the past six years, will retire by th...
  • Railway freight charges to increase in India
    India is set to increase railfreight rates by 5%-6% from 1 April, due to higher fuel prices. The increased tariffs will also help raise funds for modernizing the country's rail net...
  • Agility Europe appoints Pietro Albarelli as managing director area south
    Logistics service provider Agility has named Pietro Albarelli managing director of the area South Europe. In his new role, Albarelli will be in charge of a region that covers Italy...
  • Swissport selects new CEO for Argentina
    Swissport International, a global aviation services group, has appointed Marcela Gaboda as the new CEO Swissport Argentina. She assumes her duties today (1 March). Gaboda started h...
  • Gefco Germany gets new HR management
    Francisco Rodrigues has become HR manager of the German affiliate of Gefco. Rodrigues has served the company since 2005 and was once in charge of the Gefco affiliate in Portugal. P...
  • IAG Cargo posts Q4 and full year results for 2012
    IAG Cargo announced that its commercial revenue for full year 2012 came to EUR 1.217 billion, 2.3% more than in 2011. The volume of freight in 2012 reached 6.080 billion cargo tonn...
  • Norbert Dentressangle reports good figures for 2012
    The French transport and logistics service provider Norbert Dentressangle (ND) recently announced its figures for financial year 2012. The company grew its 2012 turnover to EUR 3.8...
  • Asstra boosts turnover in 2012
    In 2012, Assttra achieved an overall turnover of EUR 200 million for the first time in company history. The result equates to a 12.5% increase compared to 2011. The largest growth ...
  • Panalpina - first in industry to be globally certified to OHSAS 18001 Health and Safety standard
    Experts from the Swiss inspection and certification company SGS have audited the forwarding and logistics services provider Panalpina across the globe. After completing a thorough ...

Marine Logweb site
MARCH 1, 2013
  • Seaspan to use GL HullManager for entire fleet
  • Capital Product Partners agrees new charters with OSG
  • Electric Boat awarded SUBSAFE contract
  • LNG bunkering could be available in Australia by 2016

World Wide Shipperweb site
MARCH 1, 2013
  • Trade between NAFTA partners down during month of December
  • Railroads top record for crude oil carloads
  • DOT gives notice of upcoming time change
  • Port of Seattle honors customers with Green Gateway Partners Awards
  • AAPA seminar to cover port technology issues

Lloyd's Listweb site
MARCH 1, 2013
  • Timely warning
    When HSH chairman warns that ship finance could head east, Europe needs to listen
  • Exploitation on ice
    The new Arctic frontier is further away than many think
  • Shortcuts for road miles
    Yeoman Bridge delivery of aggregate prompts thoughts of a coaster revival
  • Platsidakis slams rules that raise the cost of shipping
    Intercargo chairman has harsh words for emissions regulations that 'tax trade'
  • North European ports on course for 2013 growth
    But poor Mediterranean performance will drag down the Continent as a whole
  • Chen reasserts Cexim lending pledge
    Now is the time to expand ship finance, says policy bank
  • German shipping industry heads for massive structural changes
    Economic recovery will come too late for many shipowners, warns Widdows
  • Economist warns of 'stock exchange effect' on shipping markets
    Commodity prices create misleading signals, says Karakitsos
  • US cutbacks target dredging, border protection and coastguards
    Maritime industries targeted, say critics, as Washington slashes public spending
  • First cranes arrive at London Gateway
    DP World prepares Thames terminal for fourth-quarter launch
  • Uggla seeks higher returns for Svitzer
    Exclusive interview: Maersk towage and salvage division seeks stability through longer-term relationships
  • D'Amico eyes product tanker orders
    Improved market will see Italian owner replace older tonnage with newbuildings
  • Standard & Poor's raises CMA CGM credit rating
    French giant improves its liquidity with restructuring and equity deal
  • HSH warns of ship finance exodus to Asia
    New chairman stresses that top industry lender remains committed to shipping
  • Asia-Europe spot rates in freefall
    Indexes tumble 8% to north Europe and 10% to the Mediterranean
  • Goldenport keeps chartering focus on short deals
    Stronger freight rates needed to lock in vessels for longer, says Dragnis
  • China seaborne iron ore demand to grow
    Capesize rates hit lull following Australia cyclone and as Colombia strike continues
  • Capital Product and OSG halve product tankers' charter rate
    Conditional deal needs approval from directors and bankruptcy court
  • Nanjing Tanker agrees sale and leaseback on four chemical tankers
    Troubled owner unlocks asset values to raise funds for operations
  • Mapping cargo crime
    A Joint Cargo Committee guide to global flashpoints for theft, political strife and unrest
  • Piracy threat will increase in West Africa, says Joint Cargo Committee
    Political tensions and criminal gangs fuel cargo theft in Nigeria
  • Iran is unlikely to close the Strait of Hormuz
    JCC says tougher sanctions hurt Tehran but fail to dent its nuclear drive

Fairplayweb site
MARCH 1, 2013
  • Pirates face life sentences
    FIVE SOMALIS convicted in the US of piracy and other offenses will face life in prison when sentenced in July
  • Indian coal imports likely to resume
    COAL IMPORTS to India are likely to resume shortly after Indian Finance Minister Palaniappan Chidambaram clarified the issue of mis-classification of different kind of coals
  • Jiangnan Heavy Industry to transfer shares to CSSC
    CHINA'S state-owned Assets Supervision and Administration Commission has given permission for Jiangnan Shipyard to transfer shares in Jiangnan Heavy Industry to China State Shipbuilding Corporation (CSSC) for no charge, it was announced yesterday
  • AMPN dumps Panama tank venture
    NYSE-listed Aegean Marine Petroleum Network has confirmed that it will exit the Panama storage-tank business, although its bunkering operations there are increasing
  • OOCL implements new rate hikes
    OOCL HAS announced a series of rate hikes to implement a new phase of revenue recovery programme with effect from April 1, 2013
  • Jinhui Shipping is back to black
    HONG KONG-based Jinhui Shipping returned to the black in the fourth quarter of 2012 from a year ago, with $6
  • SMM upgraded to 'buy'
    CIMB HAS upgraded Sembcorp Marine from "neutral" to "buy" after clinching a deal from a non-Petrobras client
  • CPP slashes OSG rates
    NASDAQ-listed Capital Product Partners has agreed to halve rates paid by bankrupt OSG rather than lose the charters altogether
  • Antwerp to prepare ports for LNG
    THE PORT of Antwerp said today that it had taken on the chairmanship of a new international port grouping set up to prepare ports for the arrival of LNG-powered vessels from 2015 onwards
  • Seadrill remains bullish
    SEADRILL remains bullish today about offshore's outlook, but noted that its deepwater drilling unit slipped to unsatisfactory end-of-year results
  • Chemoil triples profits
    SINGAPORE-listed bunker supplier Chemoil Energy reported profits of $153M for FY12, up 233% from 2011 profits of $46M
  • Courage trims losses
    SINGAPORE-listed Courage Marine said today it trimmed full-year losses to $11M in 2012, from $30M lost in 2011
  • Finnlines to issue shares
    GRIMALDI'S Baltic subsidiary Finnlines said today it plans to issue 4.6M new shares to existing holders, equivalent to 10% of its capital
  • Ezion weighs share offering with $76M target
    SINGAPORE-listed Ezion Holdings said today it would expect to raise about S$94M ($76M) from a proposed issuance of 50M new shares
  • Fuel oil arbitrage hauls to Singapore increasing
    THREE VLCCs are hauling fuel oil from Rotterdam to Singapore, in arbitrage trips from Europe to the Far East

The Journal of Commerceweb site
MARCH 1, 2013
  • Melbourne, Australia, Port Project Gets Green Light
    The Port of Melbourne's $1.6 billion port capacity project has been given the green light, following a decision by Matthew Guy, planning minister, to provide the planning approval for works to commence at the Australian city's Webb Dock. "This decision means that the works at Webb Dock can now proceed, enabling...
  • Konecranes Lands Equipment Order for Indonesian Terminal
    3-D image of Konecranes' container yard.Konecranes today signed an agreement to deliver container-handling equipment to PT Pelabuhan Indonesia III, an Indonesian state-owned terminal operator. The order comprises 10 ship-to-shore cranes, 20 automated stacking cranes and five straddle carriers. Delivery is scheduled for 2014 and 2016. The value of the order was...
  • U.S. Lines to Add Another Rate Hike From Canada
    U.S. Lines will implement a general rate increase for dry container cargo from Canada to North Asia and Southeast Asia, effective April 1. The increase on the ocean carrier's Columbus service will be in the amount of US$160 per 20-foot container and US$200 per 40-foot standard and high-cube and 45-foot container. The...
  • US Steel Imports Rose 4.6 Percent in January
    U.S. steel imports in January totaled 2.58 million tons, rising 4.6 percent from 2.47 million tons in December 2012, according to the American Institute for International Steel. "Import levels improved in January in a normal seasonal rebound from the end of the year declines, as many consumers and distributors delay purchases...
  • Lufthansa Cargo to Launch Services to Guadalajara
    Lufthansa Cargo will launch new MD-11 freighter services to Guadalajara, Mexico, starting March 2. The cargo airline will then be connecting the metropolis in the Mexican highlands with the Frankfurt, Germany hub. The twice-weekly flights from Frankfurt will be routed via Chicago and Mexico City and will be operated on Wednesdays...
  • NITL: Switching Plan Benefits Shippers, Doesn't Harm Class I Railroads
    The National Industrial Transportation League today provided the U.S. Surface Transportation Board with a study of NITL's July 2011 proposed new rule to govern competitive switching between railroads. NITL said the study shows that its proposal would add reasonable competition into the freight rail market for the benefit of shippers, without...
  • Hactl Moves Largest Horse Shipment in Its History
    Hactl ships 69 show-jumpers from Belgium to Hong Kong.Hong Kong Air Cargo Terminals has handled the largest horse shipment on a single flight in its history. The shipment of 63 show-jumpers were flown in from Liege, Belgium, as arranged by Lufthansa Cargo on a B747 chartered freighter, to take part in...
  • US Commerce Department Finds Most Chinese Plywood Imports Subsidized
    The U.S. Department of Commerce has announced its preliminary affirmative countervailing duty determination in the investigation of imports of hardwood and decorative plywood from China. As a result of the affirmative determination, the majority of imports of plywood from China will be subject to a cash deposit requirement for estimated countervailing...
  • Hapag-Lloyd to Hike Japan Rates
    Hapag-Lloyd has announced several rate increases that will take effect on April 1. The ocean carrier will increase rates for all cargoes and container types on its trade from Japan to the Red Sea and Persian Gulf by $500 per 20-foot-equivalent unit. From Japan to East Asia, and vice versa, rates will...
  • SCFI Rates Continue to Decline
    The Shanghai Containerized Freight Index continued to fall this week across many trade lines with European lanes seeing the largest drops, according to data issued by the Shanghai Shipping Exchange. Shanghai Containerized Freight IndexCompositeSource: Shanghai Shipping Exchange For a larger version of the chart, click on the image. During the week ending Mar....
  • OOCL Belgium Stuck in Ice in Eastern Canada
    OOCL Belgium, a 225 meter (about 738 foot) container ship, has gotten stuck in heavy ice on the Strait of Belle Isle in eastern Canada on its way from Montreal to England, CBC News reports. The ship called the Canadian Coast Guard for assistance yesterday, and icebreaker CCGS Henry Larsen is...
  • Hapag-Lloyd to Boost Latin America-North America Rates
    Hapag-Lloyd will increase rates for all cargo in its trade from intra-Latin America and Latin America to North America, effective April 1. From the Port of Vitoria, Brazil, to the U.S., Canada and Dominican Republic, the hike will be $200 per 20-foot and 40-foot container. From Mexico to Brazil, Argentina, Uruguay, Paraguay,...
  • CargoWise Partners With Asvinta in Sri Lanka
    Logistics technology company CargoWise has entered into a distribution partnership with Asvinta Solutions to enhance delivery of CargoWise's ediEnterprise service in Sri Lanka. Asvinta specializes in delivering information technology solutions to the logistics and freight forwarding sector in the Asian region....
  • Standard & Poor's Raises CMA CGM Credit Rating
    Standard & Poor's raised CMA CGM's long-term corporate credit rating, citing the French ocean carrier's improved liquidity following its recent financial restructuring and equity deal. But CMA CGM still remains on CreditWatch "with positive implications," the U.S. ratings agency said as it raised the Marseilles-based carrier's rating to "B-minus" from "CCC-plus." Standard...
  • Special Delivery: FedEx to Ship Pandas to Canada
    Er Shun is one of two giant pandas that will head from China to Canada.This spring, FedEx Express will ship two giant pandas from Chengdu, China, to their new home in Toronto. FedEx Express will ship Er Shun, a 5-year-old female panda, and Da Mao, a 4-year-old male panda, via a...

Containerisation Internationalweb site
MARCH 1, 2013
  • Geodis Wilson on the case for Delsey
    Geodis Wilson has signed a two-year contract to manage the global logistics operations for international luggage manufacturer Delsey. The contract involves management ...
  • DFDS 'caught in a headwind'
    DFDS is a robust business that got caught in a headwind, according to CEO Niels Smedegaard. He was speaking as the Danish ferry and logistics operator announced ...
  • London Gateway's first cranes arrive
    The DP World $1.5bn London Gateway received its first behemoth gantry cranes this morning, thus enhancing the visual appeal of the River Thames boxport to potential ...
  • US east coast local talks extended
    The deadline for finalising local issues on the new US east coast dockworker master contract has been extend by one week until March 8, by mutual agreement of the ...
  • Asia - Europe spot rates in freefall
    Ocean carriers plying the over capacity-plagued Asia to Europe trade lane will need to react quickly to the latest spot rate data after indexes tumbled by a further ...
  • CMA CGM gets credit boost from S&P
    Marseilles-headquartered CMA CGM has had its credit rating raised by Standard & Poor's to reflect its improved liquidity since the closing of the French ...

TradeWindsweb site
MARCH 1, 2013
  • OSG dumps Diamond S
    Bankrupt Overseas Shipholding Group is handing back seven medium-range products carriers it has been operating on charters from Wilbur Ross-backed Diamond S Shipping after failing to agree on reduced pricing terms.
  • Safe stacks the shelf
    Safe Bulkers of Greece has set the stage for a share offering after filing a shelf registration with the US Securities and Exchange Commission.
  • Admanthos sheds MR trio
    Admanthos Shipping Agency of the US appears to have sold all three of its medium-range products tankers en bloc.
  • ADM comes clean
    Archer Daniels Midland (ADM) has emerged as a victim of Iran's efforts to evade US sanctions.
  • Yard tender imminent
    Croatia is planning to ask yards to bid for five patrol ship newbuildings for the coast guard.
  • Veolia in big scrap move
    The big French group Veolia Environment is planning a huge $160m industrialised ship demolition facility in southern China.
  • Berge Bulk buys cape
    Berge Bulk has bought a third capesize bulker from K Line in under a year, brokers say.
  • Krasnoye adds 10
    Russia's Krasnoye Sormovo shipyard has bagged a deal to build 10 barges.
  • Glencore back for more
    Glencore has stepped back into the panamax period market today to add another Greek-owned vessel to its roster.
  • MR window to close
    Prospective buyers of MR tanker newbuildings may want to get contracts signed soon if they are not to miss their window, a leading shipbroker suggests.
  • Titan rescue thwarted
    The restructuring of troubled Hong Kong tanker group Titan Petrochemicals has been blocked by shareholders.
  • L&S duo depart
    TradeWinds digests the digits making the headlines this week.
  • Golden oldies
    We take a look at what was said in the market over the past week.
  • Limarko chops loss
    Lithuanian reefer owner Limarko has reduced its net loss in 2012 as the second six months saw an improvement in rates.
  • Crewman severs finger
    A Burmese seafarer has been evacuated from an STX Pan Ocean bulker after losing his finger in an accident.
  • Pac Basin plots extra buys
    Cash-rich Pacific Basin Shipping is targeting second hand vessels despite the huge fuel saving incentives shipyards are advertising for eco newbuildings.
  • Davie on the way back
    The reborn Davie shipyard in Canada is hiring workers again as it pursues a new ferry order.
  • Shin Yang slips
    Malaysian liner and shipyard group Shin Yang Shipping has fallen to a loss in the first six months as costs grew.
  • Better by half
    Estonian ro-ro group Tallink has recorded a big increase in annual earnings as revenue improved.
  • EU wants cash back
    Greece's Skaramangas shipyard will have to pay back EUR 310m ($406m) in state aid granted since 1992.
  • Dragnis plays short game
    Greek owner Goldenport is focusing on shorter-term charters until rates strengthen.
  • KHI plans LNG power
    Japan's Kawasaki Heavy Industries (KHI) is aiming for an edge over competitors with the production of LNG-powered vessels in 2015.
  • OOCL Belgium ice-bound
    An OOCL containership has reportedly become trapped by ice off the coast of Newfoundland in Canada.
  • Perisai back at PPL
    SembCorp Marine has won a repeat order for a jack-up drilling rig from Malaysian oil and gas player Perisai.
  • Capital agrees OSG cuts
    Capital Product Partners LP has agreed to rate reductions on three product tankers fixed to bankrupt tanker owner OSG.
  • Awilco may need loan
    Awilco LNG may need a bridging loan to cover a shortfall in funding caused by the off-hire of two of its older LNG carriers.
  • Bumi confirms four
    Bumi Armada has put pen to paper on a series of four multi-purpose PSVs at compatriot shipbuilder Nam Cheong Dockyard.
  • Trygve lines up IPO
    Norwegian shipping mogul Trygve Seglem has emerged as one of the architects of an initial public offering (IPO) that is taking shape in Manhattan.

American Shipperweb site
MARCH 1, 2013
  • NEWSFLASH: NIT League says rail reform could save shippers $900 million
    The National Industrial Transportation League said Friday it estimates shippers could save more than $900 million if the U.S. Surface Transportation Board would increase competition by giving shippers greater ability to have freight switched between railroads.
  • ILWU claims grain company 'fabricated' sabotage story
    UGC continued to unload a barge and load a ship with non-union employees on Thursday, despite its ILWU lockout. The facility normally employs between eight and 22 ILWU workers on each of its two shifts.
  • S&P raises rating on CMA CGM
  • Analyst: Con-way might be better apart
  • U.S. Customs explains how budget cuts will slow cargo
    The $754 million hit that U.S. Customs will take to its budget through Oct. 1 under the automatic federal budget cuts that kick in today will significantly decrease the efficiency of port operations, agency officials warn.
  • Drewry says shippers in for 'choppy ride' in 2013
    "We expect freight rate volatility to continue as carriers grapple with increasing overcapacity and resort to their preferred short-term measures of sailing suspensions and frequent GRIs," the London-based firm said.
  • U.S. steel imports up 4.6% in January
  • Canadian truckers sweat U.S. sequestration's impact
    The Canadian Trucking Alliance is worried about what effects the automatic spending cuts will have on U.S. Customs staffing at the shared border between the two nations, since two thirds of trucked Canadian goods go to the United States.
  • AEI to convert regional jets for cargo
  • Shipowners ask Suez Canal to rescind May 1 toll hike
  • 'K' Line offers mobile container tracking
  • CargoWise partners with Sri Lankan distributor
  • Sen. Casey introduces inland waterways bill
  • GAO: Defense needs more visible supply chain
  • Spot rates fall on major East-West routes
  • Sunland buys South Carolina warehouse
  • Analyst says Saia going strong, but has room to improve

The Bunker Bulletinweb site
MARCH 1, 2013
  • Weekly global bunker market update
    A weekly price round up of bunkering hubs from around the globe.
  • Bunker prices in the Americas end week lower
    Demand was slow to average on the US Gulf, according to local players.
  • LNG bunkering touted for Baton Rouge
    US firm wants to have LNG facility operational within the next 18 months.
  • Petrobras appoints new bunker trader
    Livia Brasil will be in charge of of all bunker inquiries related to the port of Bahia Blanca.
  • MAN Diesel & Turbo locks in dual-fuel engine orders
    Engines expected to be significantly more fuel-efficient and have lower emission levels than other engines being used in LNG shipping.
  • Alaskan firm hired to develop marine oil spill response
    'We are taking an important first step in the creation of a world-leading marine spill plan for BC while respecting federal authority over marine-based protection and response.'
  • Week of falling prices weakens demand in Fujairah
    Prices mixed in South African ports.
  • Prices show double digit drop in northwest Europe
    Softer crude values cut off buyers.
  • US exports of low sulphur fuel oil 'beginning to slow'
    Ability of the US to feed European low sulphur fuel oil demand coming under pressure in 2013.
  • Data suggests Hong Kong would struggle with lower sulphur limit
    Only tiny share of MGO test results from the port are below 0.10% sulphur, and regional MGO sulphur averages are high.
  • Bunker sales data to form part of updated IMO GHG study
    Expert group agrees two-pronged approach as both ship activity and marine fuel sales data estimates are problematic.
  • Oil major strengthens its presence in Romanian market
    Gazprom Neft takes over Romanian supplier's bunker operations in Constantza.
  • No link with Iran, states fund
    Shipping fund has oil and gas majors onboard.
  • Slow-steaming will make recovery more protracted
    Average vessel speeds continue to fall but observers say trend will be reversed when rates improve.
  • Bunker prices in Hong Kong, Tokyo end week lower
    But 380 cSt product rose in Singapore.
  • Vopak profit 18% lower in 2012
    Revenues in 2012 were $1.7 billion, 12% higher than figures in 2011, it said.
  • Container ship sold to Indian breaker, with bunkers
    Sale included 250 mt of bunker fuel, worth approximately $159,000 on the Singapore market.
  • Tanker owner orders up more fuel-efficient tonnage
    More newbuild options in the pipeline.
  • Japan bonded bunker sales up on year in January
    Bonded bunker fuel sales in January 2013 stood at 311,650 mt, 1.1% up year-on-year.
  • US-listed terminal firm doubles quarterly profit
    Acquisition of Talen's Marine & Fuel, L.L.C. boosted its position in the marine fuel and lubricant business.
  • Profits down for Singapore-listed bunker tanker builder
    Earnings affected by lower margins, higher expenses and increased taxes, says ES Group.
  • LNG bunkering 'feasible' at Australian ports
    Bunkering possible by 2016.

›››File
FROM THE HOME PAGE
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
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 second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
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
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