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Independent journal on economy and transport policy
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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
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
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 "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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