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Independent journal on economy and transport policy
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BRIEFS
March 6, 2013
Sched Netweb site
  • CSAV on track after solid quarterly results, but still ends in loss
  • Emirates Shipping hikes Asia-East Africa rate US$200/TEU from April
  • Kuehne + Nagel CEO to step down due to ill health, chairman to take helm
  • K+N profit falls to US$523 million on higher costs, EU anti-trust fine
  • Shanghai port ends yard transfer fee, but storage, reefer fees remain
  • Chongqing-Duisburg railway starts 16-day return with 42 TEU of auto parts
  • China imposes further anti-dumping duties on EU chemical of toluidine
  • Solid carrier reliability will help fill ships, say Drewry researchers
  • St Petersburg Ust-Luga terminal starts 24/7 operations from March 1
  • PEMA equipment forum held at TOC Asia in Hong Kong on March 12
  • LA Port and LA Waterfront Alliance talks to re-start Ports O'Call Village
  • Zhangjiagang Bonded Area first Yangtze River whole-car checkpoint port
  • Eastern Pan-Asia Railway section to forge links to Singapore, Bangkok
  • Mombasa appears to lead Dar es Salaam in getting containers inland
  • Cathay orders three 747-8s, options on five 777Fs, Air China orders 31
  • Cathay summer includes more HK-Toronto, LA, Bangkok and Mumbai flights
  • Dragonair increases flights to mainland to meet demand over summer
  • US sequester spending cuts could close Atlanta, Chicago runways in April

Exim Indiaweb site
MARCH 5, 2013
  • Bahri Abha makes maiden call at Mundra
  • Kairali Shipping Agencies recognised for excellence in shipping & logistics
  • Difficult to touch 8 m bales target: Cotton exporters
  • Tyre cos upset over hike in import duty on rubber
  • APEC facilitating enhanced port & shipping knowledge
  • Shipping Secretary meets federation leaders to address grievances
  • HALCON Nashik offers the dual benefits of low cost and congestion-free environment
  • Truck rentals up 2-3 pc on trunk routes

International Transport Journalweb site
MARCH 5, 2013
  • Alitalia stops serving Beijing
    Tomorrow (6 March), Alitalia is terminating its Rome - Beijing service. The route between the Italian and the Chinese capitals was operated four times weekly with A330-200 equipmen...
  • Industrial park first in Tennessee to receive CSX select site designation
    The North Etowah industrial park in McMinn County TN (USA) is the first recipient in the state to receive CSX select site designation. The US transport company's select site progr...
  • keys2drive delivers 150,000 driving lessons
    Australia's national learner driver programme, keys2drive, has reached a major milestone by delivering a total of 150,000 free driving lessons. keys2drive takes an innovative appro...
  • Charthire orders 20 greener Renault trucks
    The Nottingham (Tollerton/UK)-based firm Charthire has ordered 20 greener Renault trucks for over GBP 1.3 million (EUR 1.48 million) from East Midlands Renault truck dealer, ...
  • Preconstruction activities for Maldon to Dombarton rail link in Australia
    Teams of specialist engineers and environmental advisers have begun work on identifying and investigating the design, safety and conservation issues associated with the proposed Ma...
  • Ceva lands EUR 8 million contract
    The SCM and logistics specialist Ceva Logistics has won a competitive tender with Brantano, the UK's largest out-of-town shoe retailer, and the high street retailer Jones Bootmaker...
  • TNT Express opens new hub in Timisoara
    TNT Express has opened a new hub in Timisoara (Romania). TNT Romania said its new Timisoara centre has been built to provide operational and technological support specifically for ...
  • Successful start to the year for Fraport Cargo Services
    2013 has started successfully for Fraport Cargo Services GmbH (FCS). Two major long-term customers of the Frankfurt (Germany)-based cargo handling agent renewed their contracts on ...
  • Saudia Cargo becomes second largest airline to operate out of Dubai
    Saudi Airlines Cargo continues to reinforce its performance in the UAE market, thereby confirming its position as one of the leading cargo airlines operating out of Dubai and Sharj...
  • RWI/ISL container throughput index rose in January
    The container throughput index compiled by the Rheinisch-Westfälisches Institut fär Wirtschaftsforschung (RWI) and the Institute of Shipping Economics and Logistics (ISL) continued...
  • Giant cranes for London Gateway
    The UK's new deep sea port- London Gateway - has taken delivery of the largest cranes ever to arrive in the UK - they are so large that the London Eye could be rolled underneath th...
  • Kuehne + Nagel's CEO stepping down in June
    Reinhard Lange, CEO of the Kuehne + Nagel Group since 2009, will step down because of health reasons on 7 May 2013 (the date of the AGM). Until the termination of his contract on 3...
  • LH Cargo extends chairman/CEO's contract by three years
    The supervisory board of the German carrier Lufthansa Cargo AG has prolonged the contract of Karl Ulrich Garnadt. Garnadt, who has led the company since January 2011, has been reap...

Marine Logweb site
MARCH 5, 2013
  • Nova Scotia to make new effort to find ferry operator
  • Wilner to present on labor at intermodal conference
  • STX OSV takes a new name: Vard
  • Seadrill exercises options for two more jack-ups
  • Shell moves to boost U.S. availability of LNG fuel

World Wide Shipperweb site
MARCH 5, 2013
  • ILWU Local 4 hits Mitsui with unfair labor practice charge
  • Port of Bremerton opens updated public boat launch
  • Cathay Pacific Airways orders three Boeing 747-8 freighters
  • Courtney Gregoire joining Port of Seattle Commission
  • Diana Shipping charters Capesize dry bulk vessel

Lloyd's Listweb site
MARCH 5, 2013
  • Box volumes rise on Asia to Europe trade for first time in almost a year
    Eastern Mediterranean and Black Sea trade is strongest performer with 6.8% jump
  • Kassiotis companies seek to nullify Delos sale
    New twist in Omega Chapter 11 case
  • Price of supply chain management
    Vale's rising fourth-quarter costs reflect move to control ore transport to China
  • Lloyd Fonds calls extraordinary meeting after equity plunge
    Value now less than half of share capital, KG house confirms
  • Distinguishing between interruptions and exceptions
    Tribunal decision clarifies the terms
  • Pressure mounts on US to lift gas restrictions
    The Department of Energy is being pressed hard to allow LNG to be exported to nations other than free trade partners
  • Get to grips with China's legal systems and sue in the country's courts
    Targeting counterparty assets at home offers a good chance of success, says Clyde & Co
  • Catalyst fines drive increased claims for engine damage
    Commercial pressures and demand for low-sulphur fuel add up to $1m headache
  • US law firms merge
    Houck Andersen joins Chartwell to boost eastern seaboard coverage
  • Cat fines: What is to be done?
    A shipowner's guide to avoiding costly engine-damage claims
  • Federal spending cuts will delay box inspections, warns US customs
    Industry waits and watches as sequestration takes effect
  • British ports will handle 1m cruise passengers this year
    Numbers rose 10% in 2012, despite Costa Concordia concerns
  • DHL reports double-digit earnings growth
    But 'challenging' 2012 sees cost-conscious customers switch from air freight to ocean
  • STX OSV renamed Vard as Fincantieri eyes remaining shares
    Rebranding highlights shipbuilder's Norwegian roots
  • BIMCO names UK chamber chief as its next secretary-general
    Frew takes the helm as Skaanild bows out by October
  • Goodbye STX OSV, hello Vard
    Fincantieri-owned offshore vessel builder rocks a brand new name
  • New Hong Kong cruise terminal to boost sulphur emissions
    Study by think-tank seeks to open dialogue with cruiseship industry
  • Shell invests in North American LNG bunker fuel corridors
    Small-scale liquefaction units planned for Great Lakes and Gulf Coast regions
  • Panama spat
    Suez Canal toll hikes make alternative route to US east coast a little less competitive
  • Emma Maersk docks at Palermo for repairs
    Army of technical experts will assess Maersk's flooded flagship
  • Maersk sacrifices market share to make reefer rate rise stick
    Danish line resists shipper backlash after imposing $1,500 per feu increase
  • Boxship sizes have not hit a limit
    Cargo handling infrastructure, not ship design, will restrict size says naval architect
  • Transpacific carriers discuss round-trip economies
    Approval from the US regulator will clear the way for April 14 merger
  • Yang Ming adds own boxship to shared loop
    Taiwan player steps up from slot purchaser to tonnage provider on North America-Caribbean-South America service

Fairplayweb site
MARCH 5, 2013
  • STX OSV renamed VARD
    NORWEGIAN offshore vessel builder STX OSV will be renamed VARD after the sale of its majority stake to Italian shipbuilder Fincantieri
  • Shangdong log throughput up 334%
    NORTH CHINA'S Penglai port in Shangdong province has witnessed a 334% rise in log throughput during the first two months of 2013, against the same period in 2012, the port announced today
  • Chongqing invests in water transport
    CHINA'S southwest inland port city Chongqing will invest RMB3.2Bn for water transport in 2013, its Port and Shipping Administration Bureau announced last week
  • Nanjing Tanker raises RMB200M by leaseback
    CHINA'S Nanjing Yangyang Chemical Transport & Trade (Yangyang), a sole subsidiary of Nanjing Tanker, will lease back four chemical carriers after selling them for RMB200M ($32M), the company announced last week
  • Shell unveils LNG bunkering push
    TWO new North American LNG bunkering projects were announced today by Shell as momentum for this marine fuel option continues to build
  • Modernisation of Kapelsskär port to go ahead
    Sweden's Land & Environmental Court of Appeal has rejected an application to appeal against a lower court's ruling in favour of the modernisation of Kapelsskär's port and water operations
  • Asian ports' throughput to add 7%
    ASIAN ports will post more than 7% growth in throughput in 2013, due to a new round of economic stimulus aimed at domestic demand, Shanghai International Shipping Institute (SISI) predicted
  • DHL boosts freight profits
    DHL Global Forwarding narrowed the gap in profitability with market leader Kuehne+Nagel last year
  • Shipbuilding capacity down a third
    ABOUT ONE third of the world's shipbuilding capacity has been removed from the market since a peak in 2008, a Norwegian investment bank said
  • Subsea 7 wins $380M contract
    Subsea 7, the London-based seabed to surface engineering services group, says it has won an order worth $380M from Statoil, the Norwegian state owned oil company
  • Container rates to bring short-lived help
    A SIGNIFICANT increase in container freight rates that many lines will introduce on 15 March is likely to provide short-lived help, a senior shipping analyst said
  • Seadrill contemplates bond issue
    Seadrill, the listed company in the centre of John Fredriksen's drilling rig and ship operations, says it is contemplating an issue of senior unsecured bonds in the Norwegian bond market
  • Cargill signals Capesize intent
    CARGILL, the Geneva-based commodity trader, is on the verge of becoming a ship owner again
  • NS United Kaiun Kaisha cancels another TC
    JAPANESE ship operator NS United Kaiun Kaisha has cancelled another time charter
  • Oz coal port up for grabs?
    A new report has recommended the privatisation of Australia's Queensland ports, including Gladstone, one of the world's top five coal export ports

The Journal of Commerceweb site
MARCH 5, 2013
  • Imports Recover in Japan's Disaster-Hit Areas
    Japan's Miyagi and Fukushima prefectures, which bore the brunt of the catastrophic earthquake and tsunami on March 11, 2011, have seen their imports from foreign countries recover to the levels that existed before the twin natural disasters. In 2012, the value of Miyagi's imports surged 192.8 percent from a year earlier...
  • Hamberger: US Railroads to Invest $24.5 Billion in 2013
    Edward R. Hamberger, president and CEO of the Association of American Railroads, today told the House Transportation and Infrastructure Committee's subcommittee on railroads, pipelines and hazardous materials that the nation's freight railroads plan to spend a record $24.5 billion in private funding on the network in 2013. The railroads will invest...
  • Lebanon Joins Endangered Species Trade Pact
    Lebanon has joined the Convention on International Trade in Endangered Species of Wild Fauna and Flora. The Mediterranean country is the 178th party to join CITES. The convention will enter into force for Lebanon on May 26, 2013. Lebanon is home to more than 100 CITES-listed species, such as the common jackal,...
  • Forward Air Acquires Total Quality
    Forward Air has acquired Total Quality, a Michigan-based provider of security and temperature-controlled services to the pharmaceutical and life science industries. The purchase price was $66 million, plus an earn-out of up to $5 million based on TQI's performance in 2013 and 2014. TQI's revenue in 2012 was $54.8 million. TQI was...
  • Love's Travel Stops to Expand Fast-Fill CNG in Texas
    Love's Travel Stops is in the process of adding fast-fill compressed natural gas fueling capability to service Class 8 trucks at eight of its travel stops on highways between Dallas, Houston and San Antonio. These locations are expected to be operational by the fourth quarter of 2013. This is the first...
  • Mexican Tomato Growers Reach US Trade Deal
    A group of Mexican tomato growers and the U.S. Department of Commerce have signed a new agreement that will govern the import of fresh Mexican-grown tomatoes into the U.S. The deal extends a suspension agreement that has, since 1996, provided the framework by which the Mexican growers exported their tomatoes to...
  • Justice Asks American, US Airways for More Merger Info
    AMR Corp., parent company of American Airlines and US Airways, has received a request for additional information from the U.S. Department of Justice regarding the proposed merger of the two airlines. A DOJ Second Request is a standard part of the regulatory process, AMR said in a written statement. It extends...
  • Koniag Unit Leases Olympia Port Terminal Space
    Washington's Port of Olympia has leased two acres of its marine terminal to a subsidiary of Koniag of Kodiak for shipments to Alaska, according to Jim Amador, the marine terminal director. The port will receive, store and load the cargo on behalf of the tenant, and then a barge will deliver...
  • AAR Rejects Mandatory Switching Proposal
    The Association of American Railroads has rejected the National Industrial Transportation League's proposal on mandatory switching, saying that it would harm all rail network users. "The National Industrial Transportation League's proposal will trigger serious service failures on today's nationwide rail system and wipe out the efficiencies U.S. businesses have come to...
  • US Dairy Industry Wary of Trans-Pacific Partnership
    Eleven national organizations representing dairy farmers and dairy industry workers have sent a letter to eight members of Congress urging them not to approve the Trans-Pacific Partnership trade deal without considering the impact on dairy farms and workers. The letter states that the pending trade deal could have "tremendous impact" on...
  • Norbert Dentressangle Forwarding Unit Opens Vietnam Office
    Norbert Dentressangle's freight forwarding division has established a new office in Vietnam. The office in Hanoi, a subsidiary of the logistics and transportation company's Chinese freight forwarding business, will initially focus on the provision of services between Vietnam and China....
  • Etihad Rail Secures $1.28 Billion Loan for Railway Project
    Etihad Rail has secured a $1.28 billion loan for Stage One of its railway project, which comprises the route from Shah and Habshan to Ruwais in the United Arab Emirates. The five-year loan will be financed on a club deal basis by National Bank of Abu Dhabi PSJC, Bank of Tokyo-Mitsubishi...
  • Bengal Tiger Line Launches India-Sri Lanka Feeder Run
    Bengal Tiger Line has started a container feeder service between Marg Karaikal Port in India and Colombo, Sri Lanka. Initially, the service will have a fortnightly call, every other Friday, and will later become a weekly service as volume stabilizes. It caters to the agro-industrial heartland of central Tamil Nadu, Karaikal...
  • California Drayage Firm Fined for Labor Violations
    Julie A. Su, California labor commissioner, has won a California Superior Court trial, with the court ruling that Port of Long Beach truck drivers working for Seacon Logix were employees and not independent contractors. "In this case, drivers had signed agreements labeling them as independent contractors, but the court saw the...
  • Emirates Shipping, APL, OOCL to Partner in Asia Service
    Emirates Shipping Line will enter into a partnership with APL and OOCL in their CIX service and will be a vessel-sharing partner in the intra-Asia service. The carrier will be branding the new service as the China India Express Service, restructuring its Hypergalex service. The port rotation will be: Xingang, Dalian and...
  • Video From TPM: Maersk's Skou Discusses Triple Es, Outlook
    Maersk Line, the world's largest ocean carrier, will deploy the first five of its so-called Triple E vessels this year, CEO Soren Skou told some 2,000 attendees of The Journal of Commerce's TPM Conference. The ships, capable of carrying 18,000 20-foot-equivalent units, will be the largest vessels in the history of...
  • US Convicts Five Somalis of Navy Ship Attack
    Five Somalis have been convicted by a U.S. federal jury of engaging in piracy and committing other offenses regarding the attack on the USS Ashland. According to court records and evidence at trial, the five men attacked the Navy ship on April 10, 2010. Neil M. MacBride, U.S. attorney for the Eastern...
  • Shell to Expand Inland Maritime LNG Network
    Shell Oil plans to build out its natural gas infrastructure, creating two "transport corridors" to serve marine operators and industrial customers using liquefied natural gas fuel. The Great Lakes and Gulf Coast LNG transport corridors will be based on small-scale liquefication units that will help supply natural gas fuel for businesses...
  • South Carolina Inland Port Project Advances
    A new inland port in Greer, S.C., planned by the South Carolina Port Authority, is moving forward, following a recent groundbreaking ceremony with more than 250 port users, stakeholders, community leaders and elected officials in attendance. Opening this September, the South Carolina Inland Port will extend the reach of SCSPA's marine...

Containerisation Internationalweb site
MARCH 5, 2013
  • Federal cuts will delay US box inspections, warns CBP
  • DHL reports double-digit earnings growth
  • Lange steps down from Kuehne+Nagel
    KUEHNE+NAGEL Group chief executive Reinhard Lange is stepping down for health reasons after four years in the top job and 40 years with the company.Mr Lange will ...
  • Transpac carriers to discuss round-trip economies
    CONTAINER lines operating in the transpacific trades will have the opportunity to discuss round-trip economics for the first time when the two existing carrier ...
  • Boxship size limit not yet reached
  • Maersk unveils customer charter
    MAERSK Line has unveiled a customer charter that sets out specific targets for a range of services from invoice accuracy to the speed of answering phone calls.The ...

TradeWindsweb site
MARCH 5, 2013
  • In it to win it
    JP Morgan appears to have silenced critics who questioned its commitment to the shipping sector.
  • Stage set for ECA crackdown
    The US Coast Guard (USCG) has accused a bulker operated by Toyo Kaiun of Japan of violating strict regulations designed to reduce air pollution at sea.
  • Eimskip earnings dip
    Icelandic containership company Eimskip has posted a small decline in 2012 profit as costs rose.
  • Bank bright on Costamare
    JP Morgan has initiated coverage of Costamare with a bright view on the New York-listed boxship owner.
  • Diana takes cape cut
    Diana Shipping has taken a massive pay cut to charter out one of its capesize vessels.
  • "Innocent bribes?"
    Russian tanker owner Sovcomflot has begun its appeal in London against a judgement that former boss Dmitry Skarga did not act dishonestly in accepting holidays and a credit card from businessman Yuri Nikitin.
  • Norden's tanker tonic
    Norden's investment efforts in the tanker market could pay off amid further pain in the dry-cargo sector in 2013, a leading analyst says.
  • STX OSV rebranded Vard
    STX OSV is being given a new look following Fincantieri's purchase of a majority stake in the company.
  • Platou sounds price hope
    Modern bulk carriers could soon see their prices on the rise, RS Platou believes.
  • Shell in LNG drive
    Shell has announced plans for two liquefaction units in the US which it hopes will aid the development of LNG as a marine fuel in the region.
  • Kuok forms tug team
    Robert Kuok-controlled PACC Offshore Services Holdings (Posh) has teamed up with an Ezion Holdings-led venture to form a new ocean towage service.
  • Glencore eyes more
    Glencore has seen its annual profit drop by a quarter as lower commodity prices took a toll.
  • Subsea 7 at it again
    Norway's Subsea 7 has bagged a huge pipelay contract with compatriot oil and gas company Statoil.
  • China offers dry hope
    Fresh development projects in China have offered hope for a recovery in the dry-cargo market, Arctic Securities says.
  • Two more for Seadrill
    John Fredriksen's Seadrill has confirmed its second pair of jack-up drilling rigs at a Chinese shipyard in little over a month.
  • C Whale arrested
    A VLCC tanker which is part of Nobu Su's TMT fleet has reportedly been arrested in Singapore.
  • Demo down on 2012
    Demolition levels for the first two months of 2013 are 20% behind those seen a year ago latest figures show.
  • Yard numbers shrink
    Yard capacity has shrunk by a third in the past five years but it is still not enough to balance fleet supply and demand, says RS Platou.

American Shipperweb site
MARCH 5, 2013
  • Maersk's chief Skou outlines 'customer charter'
  • AutoInfo sold; law firm investigates deal
  • ESC not content with railway ruling
  • Supply Chain Solutions expands in Midwest
  • ShipCarsNow, SmartAuction partner
  • Analyst: Air cargo won't bounce back in 2013
    "Unfortunately, no one - ACMG included - is predicting a near-term return to steady growth of 6 percent per year, a rate which was commonplace before 2000," Robert Dahl, managing director of ACMG, said.
  • Global Trade Management Landscape: Strategies Beyond Compliance
    GTM is about more than just compliance - it's about integrating the financial, regulatory, and transportation components of a supply chain through enhanced processes and the best people.
  • BIMCO picks Frew for secretary general
    The trade association, which represents many of the world's shipowners, has picked Angus R. Frew to succeed retiring Torben C. Skaanild as secretary general and chief executive officer later this year.
  • U.S. Customs informs trade about sequester fallout
    U.S. Customs is using plans for how to resume business in the wake of a natural or man-made disaster as a guideline for dealing with the forced budget cuts that went into effect March 1, the agency said in a memo.
  • Washington Notebook: Does continuing resolution endanger highway funding?
  • TMS providers merge to target mid-market users
  • Maryland governor: Tax hike for transportation plan
    Maryland Gov. Martin O'Malley has proposed a new 2 percent sales tax on gasoline as part of a proposed transportation plan aimed at generating $3.4 billion for highway and transit projects over the next five years.
  • Emirates joins OOCL-APL China/India service
  • Sri Lanka forwarders get e-air cargo services
  • CMA CGM raising Europe-to-South America rates
  • CBP, APHIS come up short on ag inspection fees
  • ABS chairman Somerville to retire
  • Justice seeks more information on American/US Airways merger
  • Commerce finds China subsidizes plywood exports

The Bunker Bulletinweb site
MARCH 5, 2013
  • Rise in engine damage linked to low sulphur bunker fuel
    Worrying trend seems to confirm link between engine damage and more use of low sulphur fuel.
  • Prices on a firm trend in Fujairah
    Markets firming, in single digits.
  • Prices move independently across Europe
    Bunkering back at Gibraltar but vessels still queueing.
  • Eileen Speer returns to Bunkers International as Senior Trader
    Experienced trader will focus on growing business globally.
  • IBIA Chief Executive resigns
    Cliff Brand will have held post for six months.
  • World Bank backs plan to turn Jamaica into 'global supply hub'
    Caribbean nation could rank alongside Singapore, Dubai and Rotterdam.
  • Monaco-based player changes name
    NSG Overseas Ltd now called Argos Oil Trading Ltd.
  • New head for BIMCO
    UK shipping grandee to take the helm in October.
  • 'Regret' over delay in opening way for larger, fuel efficient ships
    New Zealand minister 'disappointed' that it took nearly four years to make a decision.
  • Shell to support LNG bunkering in North America
    Company says the facilities will support new LNG transport corridors in Gulf Coast and Great Lakes.
  • Asian bunker prices marches up
    Prices of 380 cSt product strengthened in all key Asian ports.
  • Bunker firm probed by Malta's Economic Crimes Unit
    Report: Police launch a money laundering investigation into Island Bunker Oils.
  • VLCC arrested in Singapore
    Vessel belongs to Nobu Su's TMT fleet.
  • Law firm notes development in approach to ship arrests
    The Singapore Court of Appeal recognised the need to achieve this balance to prevent instances of abuse.
  • Limarko sinks deeper into red
    High cost of bunkers part of negative result.
  • Golar posts stronger profits for 2012
    Revenue also up over the period.
  • Quadrise posts wider loss for 2012
    Company still upbeat on financial health going forward.
  • Hambantota to start 'proper bunkering' ops in June
    Storage facility at Hambatota will feature eight tanks to store bunkers, say reports.

›››File
FROM THE HOME PAGE
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Washington/Southampton/Rotterdam
Meanwhile, another tanker, the "Stolt Magnesium", was hit by a missile near Oman
European shipowners call for permanent derogations from the EU maritime ETS after 2030
Brussels
Exemptions for connections with islands and outermost regions, for polar class vessels, for transnational public service obligations and for search and rescue activities
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
Two VLCCs operated by the UAE's ADNOC were attacked in the Strait of Hormuz.
Abu Dhabi/Tampa
US Central Command announces reinstatement of blockade on maritime traffic in and out of Iranian ports
Trump announces a tax on goods passing through the Strait of Hormuz protected by the US
Washington/Portsmouth
Expected to be equal to 20% of the value of the transported loads
Six-monthly vessel traffic in the Straits of Malacca and Singapore increased by +3.7%
Port Klang
In the second quarter of this year alone, a decrease of -0.5% was recorded
In May, naval traffic in the Suez Canal increased by +15.0%
Cairo
In the first five months of 2026, 5,696 ships passed through the port (+12.7%)
OOCL records sharp increase in containers carried by its fleet
Hong Kong
In the April-June quarter, revenues generated by this activity grew by +19.8%
Strait of Hormuz, a container ship was attacked near the coast of Oman
Muscat/Portsmouth/New Delhi/Tampa
Fire on board. One crew member missing. 23 other sailors rescued.
At the port of Marseille-Fos, general cargo traffic is increasing while bulk cargo is decreasing.
Marseille
In the first half of 2026, cruise passengers increased by +5%
The Swedish government is calling for the EU maritime ETS to be extended to more vessels.
Stockholm
Stockholm stresses the need for the ETS to remain a pillar of EU climate policy
Assiterminal will bring the issues of concession fees, investments and intermodality to the attention of politicians.
Genoa
Proposal to grant a concession fee discount to terminals that increase rail traffic
Pirate attacks on ships continue to decline
London
In the first half of this year, 38 accidents occurred compared to 90 in the first six months of 2025.
There are still six thousand sailors trapped in the Strait of Hormuz region
London
Dominguez (IMO): I remain confident that the evacuation plan can be resumed
A study highlights the significant costs and counterproductive effects of the application of the EU ETS to maritime connections with western Sicily
Palermo
For the Naples-Palermo and Genoa-Palermo routes the annual cost varies between 2.9 million and 19.9 million euros.
Fincantieri to build third ultra-luxury cruise ship for Four Seasons Yachts
Trieste
The unit will be built in the Ancona plant and will be delivered in 2031
Fermerci urges the search for resources to support rail freight transport.
Rome
Paper: from the remodulation of the PNRR we expect that resources will finally be allocated to compensate for the damages that operators are suffering
Another tanker hit by a drone in the Strait of Hormuz
Southampton
The device caused limited structural damage
New attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit by a shell which started a fire
Evergreen founder's son investigated for insider trading
Taipei
He was released on bail today
ECSA: Shipping receives a cut of its EU maritime ETS payments.
Brussels
Italy, ranked third in Europe, earns €669-787 million. Only France and Estonia allocate a specific portion of this revenue to the maritime sector.
Fincantieri acquires Next Geosolutions, WSense, Graal Tech, and Defcomm to develop the underwater segment
Trieste
The first phase of operations involves an outlay of approximately 600 million euros
A new attack on a ship in the Red Sea raises alarm over a possible resumption of Houthi actions.
Portsmouth
The accident occurred 30 nautical miles southwest of the port of Hodeidah
The Regional Administrative Court (TAR) has accepted the appeal for the annulment of the environmental impact assessment decree for the Fiumicino tourist and cruise port.
Rome
The project - explains the ruling - although speaking of a "prevalent" recreational function, actually foresees a very significant cruise component.
Transport & Environment calls for the introduction of national cruise taxes and further EU measures to mitigate their impact
Brussels
Assiterminal's proposals for amending the Ports Bill focus on port work
Genoa
According to the association, the distinction between port operations and services must be overcome
Assologistica and Assoporti also request changes to Porti d'Italia Spa.
Rome
Both associations highlight the central role of the Port System Authorities
Peruvian judiciary rules that COSCO's private port of Chancay must be subject to public oversight
File
The corrections proposed by Confitarma, ANCI, the Port Authorities and the Italian Competition Authority (AGCM) to the port governance reform
Rome
AP Møller Holding to acquire Norwegian ship leasing company Ocean Yield
Copenhagen/London/Oslo
Holds interests in a fleet of more than 70 cargo vessels
CMA CGM to Invest $1.4 Billion to Buy FedEx Supply Chain
Memphis/Marseille
The American company has nearly 10,000 employees
Brittany Ferries announces plan to scale back operations
Roscoff
The company reports that the difficulties caused by the Covid pandemic and unfair competition have been compounded by the effects of the EU ETS.
ITF and JNG agree to maintain the designation of the Strait of Hormuz as a Warlike Operations Area until July 9
London
It provides seafarers with greater protection and more adequate compensation
Assiterminal highlights the difficulty of placing Porti d'Italia, as proposed by the government, within the Italian port system and within Community law.
Rome
Cargo traffic at Chinese seaports fell by -0.4% in May
Beijing
Containers amounted to 27.5 million TEUs (+2.9%)
The administrative process for the new Port Master Plan for Augusta has begun.
Augusta
TiL (MSC Group) acquires 49% stake in Indian port of Vizhinjam
Mumbai
The stake was sold by Adani Ports for $1.4 billion
Hanseatic Global Terminals (Hapag-Lloyd Group) to acquire 20% of Eurogate Container Terminal Hamburg
Hamburg
The German shipping group will also increase its stake in the Moroccan Tanger Alliance
La Spezia is among the Italian ports that are most increasing their connections to container shipping lines.
Geneva
Among the other main national airports, Vado Ligure and Ravenna are losing connections
Spanish shipowners call for EU maritime ETS revenues to be reinvested in shipping
Madrid
Boluda: Spanish companies will inject over five billion euros into the system by 2030
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Manama
Rejected any toll, tax or attempt to exercise control over the Strait
IMO suspends evacuation operations for ships awaiting transit through the Strait of Hormuz
London/Taipei
Evergreen says its container ship was hit while following the UKMTO-recommended route.
Four entities pre-qualified for the concession of the cargo terminals of the Ukrainian port of Chornomorsk
Gdansk
These are APM Terminals, Mariner/TAS, Yilport Holding and AD Ports/SKF Holdings UK
New attack on a ship transiting the Strait of Hormuz
Southampton
The container ship Ever Lovely was hit by a shell off the coast of Oman.
In 2025, 1,478 containers were lost at sea out of a total of 280 million transported by ships
Washington
On January 1st, the IMO regulation came into force which makes reporting of boxes lost at sea mandatory
BIMCO and ICS' latest report on the maritime workforce raises alarm over officer shortages
London/Bagsværd
In 2026, there will be a shortage of 39,100 STCW certified officers.
In 2025, intermodal traffic handled by Kombiverkehr decreased by -13.5%
Frankfurt am Main
Annual revenues down 8.3%
The government's proposal to update the rules on port governance raises more than one doubt
Rome
Costa: The lack of infrastructure planning cannot be solved with a joint stock company
MSC Cruises and Meyer Werft have not yet signed contracts for four new cruise ships plus two options.
Papenburg/Geneva
The companies expressed confidence that they could successfully conclude negotiations in the coming weeks.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
Geneva
In the second quarter of 2026 it was equal to 290.0 (+2.3%)
AD Ports has completed the acquisition of an 81% stake in Global Feeder Shipping.
Abu Dhabi
In 2025, the company's ships carried 2.8 million containers
An evacuation plan has been established for ships still waiting to transit the Strait of Hormuz.
London/Muscat
Dominguez (IMO): The operation will be carried out in close cooperation with Iran, Oman, all other coastal states in the region, the USA and the maritime industry
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
ZPMC Delivers New Ultra-High Wind-Resistant Port Cranes
Shanghai
The world's tallest rail-mounted reach stackers for empty containers have also been built.
Peninsula and Itochu form joint venture to supply ammonia bunkering to European ports
Gibraltar
The initiative in response to the growing demand for zero-carbon fuels
Konecranes announced its entry into Japan
Helsinki/Tokyo
Acquisition of 70% of Mitsubishi Electric FA Industrial Products
Saipem wins $2 billion contract in Indonesia
Milan
Seven IMO regional coordinators have been introduced who will provide technical support to the organisation's Member States.
London
Jadrolinija has inaugurated its new fast maritime service Ancona-Zadar
Ancona/Zara
It provides five departures per week and a crossing of approximately four hours.
Hapag-Lloyd to reorganize services in the Adriatic
Hamburg
The port of Ancona, removed from the ADX line, will continue to be served by the IAS service
Eleven nominations for the eighteenth edition of the ESPO Award
Brussels
This year's theme is dual-use port-city projects
Jotun COSCO Marine Coatings signs agreement with COSCO Shipping Bulk for 125 new vessels
Sandefjord
Advanced hull performance solutions will be implemented
Maersk issues first order for new containers produced in India
Copenhagen
Local production has been stimulated by the introduction of incentives
Last May, freight traffic in the port of Ravenna grew by +3.4%
Ravenna
An increase of +10.6% is expected in June
Sardinia's Port Authority spent approximately €157 million in PNRR funds
Cagliari
Achievement of the targets expected by June 30, 2026
Hannibal will inaugurate a new intermodal service from Melzo to Rotterdam Europoort on July 8th.
Melzo
Six weekly trains are scheduled that will be able to carry up to 38 cargo units
PSA to build and operate container terminal at Vietnam's Lach Huyen port
Singapore
Agreement with Lach Huyen International Logistics & Industrial Park
Sandro Bucchioni and Andrea Fontana confirmed as presidents of the La Spezia freight forwarders and maritime agents.
La Spezia
New two-year mandate
Konecranes has acquired the nuclear and port services segment of Spain's Coapsa.
Hyvinkää
The company has an annual turnover of approximately four million euros.
PSA Italy presented its 2025 Sustainability Report
Genoa
The document highlights, among other things, the employment data and the economic impact on the territory
The Central-Northern Adriatic Port Authority confirms the completion of the projects financed by the PNRR
Ravenna
Mirco Carloni has taken office as president of the Central Adriatic Port System Authority.
Ancona
The Grimaldi Group has taken delivery of the new PCTC Grande Oriente
Naples
It will be placed on the Asia-Europe route
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
Govt does not interfere in port management appointments - Loke
(Bernama)
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
The Central Adriatic Port Authority announces that it has achieved its objectives under the PNRR
Ancona
Port of La Spezia: 60 Sea Log workers rehired by other port companies
La Spezia
Pisano (AdSP): very satisfied with the positive conclusion of this dispute
A workshop on cold ironing and related risks and insurance solutions will be held in London.
London
Rossi (ADVANT-Nctm): effective infrastructure development must necessarily take into account legal and insurance aspects
Fincantieri signs an agreement in Albania for shipbuilding training.
Trieste
Skills development for the growth of the new Pashaliman naval industrial hub
Reorganization of ro-pax traffic areas in the port of Catania
Catania
Ferries will no longer be moored on the central jetty or along the eastern breakwater
Maersk raises fiscal 2026 forecast
Copenhagen
Continued growth in demand for containerized shipping and increased spot rates
Green light for the awarding of railway shunting services in the ports of Savona and Vado
New trucking area in the port of Genoa
The Italian Ports Association will hold its assembly in Naples on Wednesday.
Rome
The discussion on port governance reform will be at the heart of the proceedings.
Registration for seafarers' registers is now open to non-EU citizens residing in Italy.
Genoa
Vidotto (Foundation of the Italian Merchant Marine Academy): a step towards civilization
Project to build shipyard in Tartous port expected to accelerate
Damascus
Meeting between a delegation from Kuzey Star Shipyard and the leaders of the Syrian General Authority for Ports and Customs
Port of Gioia Tauro: Work to reactivate hauling and launching operations has been completed.
Gioia Tauro
These operations had been at a standstill since 2024
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will take place in Genoa on July 1st.
Genoa
In Spain, €11.8 million in eco-incentives have been allocated for the use of motorways of the sea.
Madrid
163,672 shipments made by 32 companies subsidized
ABB has signed an agreement to buy Norwegian marine automation company Høglund.
Zurich
The Tønsberg-based company's integrated automation system is currently installed on over 600 vessels.
Port of Gioia Tauro: tender launched for the redevelopment of the ro-ro docks
Gioia Tauro
Worth 5.6 million euros, the works will last 210 days
Grimaldi confirms the important role of the port of Catania in its strategies
Catania
The aim is to increase services and make existing ones even more efficient.
Annual growth of +6% in cruise traffic and +2% in ferry traffic is expected in the Adriatic
Venice
It is the only Mediterranean region to have recorded a decline in cruises in the period 2019-2025
PSA Padova established to develop and manage the Padua intermodal terminal
Padua
The shareholders of Interporto Padova and Padova Hall have approved the merger plan
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.
Spediporto has opened its own representative office in Hong Kong
Genoa
Giachero: the opening of this desk is also an opportunity for young people
Arcese, Conti and Cosulich establish a company for the port logistics of finished vehicles
Livorno
HMM orders eight bulk carriers and two gas carriers
Seoul
Investment of approximately 1.1 billion dollars
MPC Container Ships has purchased four 7,000 TEU containerships built between 2023 and 2024.
Oslo
Investment of 340 million dollars
FedEx posts record quarterly and annual revenue
Memphis
Total revenues in fiscal year 2026 amounted to $94.7 billion (+7.7%)
Geopolitical uncertainty has become the main risk for shipping
Munich
Evergreen purchases 140,500 new containers in China
Taipei
Investments totaling $358.9 million
Yesterday, the Strait of Hormuz was crossed by 42 commercial vessels
Paris
For the first time since the beginning of the conflict, several LNG tankers entered the Persian Gulf
Memorandum of Understanding for the Launch of Drone Use in the Port of Palermo
Palermo
Submission of the request for the establishment of U-Space
Saipem wins new $1 billion offshore contract in Angola
Milan
It was awarded by Azule Energy for the Greater PAJ project
Port of Ancona: Dredging work has begun on the seabed of quay 22.
Ancona
Approximately six thousand cubic meters of sediment will be removed
Confitarma welcomes clarifications regarding ship waste collection management.
Rome
The need for uniform application of the legislation throughout the country was highlighted.
The Tuscan Cooperation Development Fund invests in Uniport Livorno.
Livorno
Operation for a total of 880 thousand euros carried out together with co-investor Coopfond
Fit-Cisl, recognizing dock work as arduous is a priority
Genoa
Pagnotta: This is not a corporate claim, but a question of social justice.
Hupac increases weekly rotations between Antwerp and Busto Arsizio via France to four.
Noise
Two additional departures of the intermodal service introduced
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