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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
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
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
ZIM to charter ten new 11,500 TEU dual-fuel LNG containerships
Haifa
The Chinese shipyard Zhoushan Changhong Shipyard will deliver them between 2027 and 2028
COSCO expects to post quarterly net profit growth of +72.1%
Hong Kong
Operating profit expected for January-March period of 16.57 billion yuan (+66.1%)
Rixi tells Rixi to hurry up and finally launch the port governance reform
Genoa
The vice minister presented a motion to the League congress that places the need for this reform at the centre
NCLH to charter two cruise ships to Cordelia Cruises and two more to Crescent Seas
Miami
The agreements include options to purchase the naval units
Carnival orders two new cruise ships from Fincantieri for AIDA Cruises brand
Miami/Trieste
Equipped with approximately 2,100 cabins, they will be delivered at the beginning of 2030 and at the end of 2031.
The number of ship transits through the Suez Canal has never been so low in recent decades
The number of ship transits through the Suez Canal has never been so low in recent decades
Ismailia
In February, traffic was 864 vessels, down -22.9%
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Leghorn
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
Call on UN States to Protect These Critical Systems
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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
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
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
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
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
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
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
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
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