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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
01:11 GMT+2
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BRIEFS
March 7, 2013
Sched Netweb site
  • OOIL 2012 profit up 63.3pc to US$296.4 million, revenue rises 7.4pc
  • Emirates joins APL, OOCL on China-India CIS in vessel sharing agreement
  • Cosco Shipping starts Zhangjiagang-Brazil automobile ro-ro service
  • 5.3pc of world's containership fleet of 500-TEU plus ships in lay-up
  • Global manufacturing still positive despite February slip: JPMorgan index
  • Russia to privatise big companies, Novorossiisk port to be sold first
  • Chinese capital first to deploy electric truck fleet in urban logistics
  • Konecranes wins US$130 million contract to supply Indonesian terminal
  • Brazilian container throughput slackens as economy lurches into 2013
  • Sequestration cuts will slow US Customs clearance and clog up ports
  • Chamber: India needs air cargo stations like maritime inland ports
  • Volga-Dnepr AN-124-100 freighter flies fuselage section within Russia
  • Saudia Cargo adds additional flights from Hong Kong, Frankfurt, Dhaka

Exim Indiaweb site
MARCH 6, 2013
  • CMA CGM finalises financial restructuring launched last year
  • MOL introduces onboard seafarer training programme
  • Oil tanker bookings plunge to 27-month low
  • Practical weather guide for mariners launched
  • Slight uptick seen in global freight rates this year
  • Global coffee exports up by 8.2 pc at 113 m bags in 2012
  • India s Q4 gold imports shoot up 41 pc to 261.9 tonnes despite duty hike
  • MACCIA s ex-im training programme from April 1
  • Antwerp Port Authority wins top employer certification
  • Ennore Port exceeds fiscal cargo target; to develop container terminal in 3 phases
  • Proposed Sagar Island port seen beneficial to KoPT
  • Anil K. Gupta, MD, CONCOR elevated as Chairman & Managing Director
  • Thrice-weekly China-Europe freight train service planned
  • MANSA President inaugurates annual cricket tournament

International Transport Journalweb site
MARCH 6, 2013
  • IDS Logistik introduces new clearing and transport optimisation system
    The general cargo alliance IDS Logistik has introduced an innovative clearing and transport optimisation system for euro pallets and lattice boxes. Every time a general cargo shipm...
  • Geodis Wilson to manage Delsey's global logistics operations
    Geodis Wilson, Geodis' freight management division, is signing a two year contract to manage global logistics operations for the international luggage manufacturer, Delsey. Geodis ...
  • EU grants to help transform rail freight transport
    The European Union is to co-finance four projects aimed at preparing the implementation of four railfreight corridors across Europe with EUR 5.7 million from the TEN-T programme. E...
  • Iata sees signs of stabilization as air cargo grows in January
    The International Air Transport Association (Iata) released global air freight demand statistics for January 2013 showing a stabilization of air freight markets on the back of enco...
  • Fairer deal for UK hauliers in HGV road user levy act
    The UK's HGV road user levy act has now become law, thereby paving the way for a fairer deal for the country's hauliers. The new charge is supported by UK businesses and will be in...
  • Thomas Miller names new CEO for Asia Pacific region
    Andrew Jones has been appointed CEO of Thomas Miller (Asia Pacific) Ltd with effect from April 2013. He will be responsible for providing services to all Thomas Miller's managed Cl...
  • US Airways applies for service between its US east coast hubs and Sao Paulo
    Last Monday (4 March), US Airways filed an application with the US Department of Transportation for the rights to operate a daily, year-round service between the airline's hubs in ...
  • Boeing and Cathay Pacific announce order for three B747-8Fs
    Boeing and Cathay Pacific Airways (CP) have announced an order for three B747-8 freighter airplanes. The order, valued at approximately USD 1 billion at list prices, also includes ...
  • Rail sector publishes high level vision of rail transport in 2050
    The railway is vital to the well-being of Europe's society and the strength of its economy. To maintain and develop this role in the future, the sector needs to meet enormous chall...
  • Change of guard at Bimco
    The Baltic and International Maritime Council (Bimco), a large international shipping association representing shipowners, has announced that its new secretary general/CEO and succ...
  • Port of Antwerp cooperates with Rosmorport
    The port of Antwerp (Belgium) wants to collaborate closely over the next five years with Rosmorport, the state-owned company that protects the interests of all Russian seaports. Po...
  • Alphaliner expects new container tonnage peak in 2013
    A recent report published by analyst Alphaliner suggests a capacity record of containerships to be delivered in 2013. This is despite the measures being taken by owners to defer th...
  • DSV Solutions names new regional director
    Harald Schefft, the managing director of DSV Solutions in Germany, became a member of the management group of DSV Solutions A/S on 1 March. As a regional director, he will be respo...
  • DHL strong in 2012
    Deutsche Post DHL reported that group revenues rose by 5.1% to EUR 55.5 billion in 2012. The service provider generated around 70% of its revenues outside Germany. The group posted...
  • Kuehne+Nagel: more volume, less profit
    In 2012, the Kuehne + Nagel Group reported higher volumes in all business units. Seafreight grew by 8.8% in terms of turnover and by 6.1% in teu transported, but earnings before in...

Marine Logweb site
MARCH 6, 2013
  • Damen Rotterdam completes Becker Twisted Fin retrofits
  • CONRAIL President & COO to keynote Intermodal Conference
  • Martin Midstream buys six LPG barges and two push boats
  • BAE Systems Mobile lays keel for second dump scow
  • Headhunter systems installed in MWCC capture vessels
  • Horizon Lines moves northeast ops to Philadelphia
  • Ulstein delivers third PSV to its Blue Ship subsidiary
  • VLCC design cuts ballast water weight by 65 percent

World Wide Shipperweb site
MARCH 6, 2013
  • Corps sets closure schedule for Hiram M. Chittenden Locks
  • ACP signals completion of Culebra Cut dredging work
  • BNSF eyes LNG fuel for locomotive test program
  • Orient Overseas Limited sees profits grow during 2012
  • Horizon Lines plans to move northeast terminal operations

Lloyd's Listweb site
MARCH 6, 2013
  • Delos says Omega sale is final
    Ladin bemused by Chapter 11 firm's bid to reopen auction
  • Seaspan reports solid earnings
    World's leading boxship lessor secures Chinese bank loan to refinance its fleet
  • Grand China keeps up with Iron Pasha payments 'with delays'
    White Rosebay Shipping to bring amicus brief in Blue Whale appeal
  • Samsung Heavy Industries cancels $24bn LNG vessels
    Deal for floating liquefaction units is scrapped after problems with 'European owner'
  • OOCL says partnership brings more benefits than merger
    Box line would like to see greater co-operation and deployment of shared capacity among alliance members
  • Panalpina hit by soaring costs
    Ocean freight is bright spot in gloomy trading environment
  • Lauritzen Tankers joins Diamond S in OSG charter rejections
    Bankrupt tanker company allowed extension to August 2 to table reorganisation plan
  • Venezuela's future rests on oil prices, not politics
    Maritime growth demands port investment, says Gray Page
  • Pimp my ship
    Performance enhancement is more than a fad - and smart shipowners know it
  • Shrewd asset plays
    The question exercising owners is whether now is the time to re-order or rebuild
  • Blast on chemical tanker leaves crew member missing
    Nordic Tankers reports cargo tanks intact on 11,260 dwt Harbour Krystal
  • New West Africa attack points to pirates' growing use of motherships
    Master and chief engineer of Armada Tuah 22 reported kidnapped after hijacking
  • Kassiotis companies move to scupper Delos sale
    Long-running Chapter 11 case enters new phase of uncertainty
  • OOCL more than doubles its annual profit
    Liftings and revenue are both up, but fuel costs are kept flat
  • Teichert backs Lloyd Fonds extraordinary meeting decision
    Leading KG house hits 'rough water', says managing director
  • James Fisher buys diving equipment supplier
    Marine services player targets fast-growing niche markets
  • Norden looks afresh for dry bulk newbuildings
    Signs of recovery prompt Danish owner to hunt eco-ships
  • Pearl GTL expansion will open new cargo opportunities
    Shell's desert plant will boost Qatar's diesel exports
  • 'Near-sourcing' is the new Pacific trades buzzword
    Chinese labour costs push production to more competitive locations
  • Oil demand buoys Bourbon results
    French shipowner reports near 90% increase in annual profits

Fairplayweb site
MARCH 6, 2013
  • Bourbon plans $2.5Bn in fleet leasebacks
    BOURBON today unveiled a $2.5Bn leaseback plan calling for the sale of up to 85 owned supply ships, which it would then use on 10-year bareboat charters
  • About that suitcase crammed with cash...
    BOURBON today broke its silence over the arrest of its tax manager at Marseilles airport in December 2012 with $250,000 in cash hidden in his suitcase
  • How Seaspan, Carlyle will split newbuildings
    NYSE-listed Seaspan has outlined how its newbuildings will be split with Grand China Intermodal, its joint venture with private-equity giant Carlyle
  • Tallink profits rise 49%
    TALLINK, the Estonian ferry group, has reported net profits of €56.3M ($73.4M) for 2012, a year on year increase of 49%
  • Latvian pares losses
    LATVIAN Shipping said losses for 2012 were down by 26% from those of FY11
  • Beijing urged to raise tanker market share
    BEIJING should mandate that 70-80% of its crude imports be transported by Chinese tankers, China Shipping's chairman Shaode Li said
  • Lanka port profits spike
    PROFITS rocketed 600% for the Sri Lanka Ports Authority in full-year 2012
  • POSH Terasea formed
    EZION Holdings has entered into a joint venture with PACC Offshore Services Holdings to operate ocean towing vessels
  • Cruise cancelled after fjord grounding
    NORWAY'S Hurtigruten said today it is cancelling a planned cruise and flying home passengers after a casualty
  • Itochu, Vitol discuss Gulf Coast LPG terminal
    ITOCHU and energy trader Vitol are discussing a plan to develop of an LPG export terminal on the US Gulf Coast
  • US ECA crackdown begins
    MARKING a potential turning point, a vessel has been detained for violating the US Emission Control Area, government records confirm
  • Drybulk congestion at 2013 high on bad weather
    AUSTRALIAN storms have increased congestion at drybulk ports to the highest levels of this year
  • OOIL's profits rise 62.6%
    OOIL said today its net profits grew 62.6% year on year in 2012, to $296M
  • Panalpina slides to losses
    GLOBAL freight forwarding and logistics group Panalpina had losses of 70.2M Swiss francs ($74.6M) last year, despite positive developments in ocean freight
  • LNG uncertainty to linger
    LNG SHIPPING has more shipping capacity arriving in 2H13, but a partial revival of nuclear power in Japan and little new liquefaction capacity is likely to maintain the sector's current uncertainties, IHS CERA has predicted

The Journal of Commerceweb site
MARCH 6, 2013
  • Seaspan Ends 2012 in the Black After Big 4Q Profit Growth
    Seaspan reported profit in the fourth quarter of 2012 was $58.98 million, rising $34.47 million, or 150.8 percent, from $23.52 million in the fourth quarter of 2011. For the full year of 2012, profit was $121.3 million, jumping $204.71 million, or 245.4 percent, from a net loss of $83.40 million in...
  • PTA Holdings Truck Repair Facility Opens in Iowa
    PTA Holdings, through its subsidiary Nortford, today announced that operations at its equipment service facility in Fredericksburg, Iowa, have begun. The facility, which operates under the name "Hwy 18 Truck Repair," consists of service bays, office, retail and parking space for semi-trailers. It is now providing the company repair and reconditioning...
  • From TPM: Global Diets to Fuel US Reefer Growth
    LONG BEACH, Calif. - The volatile U.S. refrigerated freight trade will make a comeback in 2013 after declining in 2012, "a modest comeback but still a comeback," Journal of Commerce Economist Mario O. Moreno told the 13th annual TPM Conference. Refrigerated U.S. imports will grow 5 percent in 2013 and...
  • BNSF to Test LNG Locomotives in Pilot Program
    BNSF Railway will begin testing a small number of locomotives using liquefied natural gas as an alternative fuel later this year, said Matthew K. Rose, BNSF chairman and CEO, at the CERAWeek conference today. "While there are daunting technical and regulatory challenges still to be faced, this pilot project is an...
  • US Rep. Sires Introduces MOVE Freight Act
    U.S. Rep. Albio Sires, D-N.J., has introduced the Multimodal Opportunities via Enhanced Freight Act of 2013, also known as the MOVE Freight Act, which is designed to ensure all transportation modes and system connections necessary to moving freight receive proper attention in freight planning. The bill, H.R. 974, which expands upon...
  • Drewry Trans-Pacific Benchmark Rate Weakens
    Trans-Pacific eastbound spot container rates fell 5.7 percent in the week ending March 6, the second consecutive week of significant declines. Spot eastbound trans-Pacific rates from Hong Kong to Los Angeles dropped to $2,296 per 40-foot container, down $140 from last week, according to the Wednesday release of the Drewry...
  • Panama Canal Completes Culebra Cut Dredging in Expansion
    Panama Canal reaches another milestone in its expansion project.The Panama Canal Authority has completed the dredging to deepen and widen the navigational channels along Culebra Cut as part of its expansion program. A total of 3.2 million cubic meters were removed during the deepening of Culebra Cut, which is the narrowest...
  • From TPM: Intermodal 'Matchmaking' Draws Interest
    LONG BEACH, Calif. - Increased matching of inbound containers with export shipments and more use of ISO containers domestically could cut in half the amount the industry spends on empty truck and rail moves, a NYK Line executive said Tuesday. Shippers, carriers and logistics providers spend roughly $660 million annually to...
  • From TPM: In Reefer Trade, Carriers, Shippers Face Cold Facts
    LONG BEACH, Calif. - Maersk Line is having mixed results in its attempt to raise reefer container rates by $1,500, with actual price gains varying by commodity and lane, according to at least one ocean shipping analyst. But there is little doubt about the overall direction of refrigerated freight pricing. "In...
  • Quintiq Names Rhodes VP, General Counsel, Secretary
    Quintiq has appointed Kim Rhodes as its vice president, general counsel and secretary. In her role with the supply chain software company, Rhodes is responsible for all legal affairs for Quintiq globally. She will be based out of the company's headquarters in Radnor, Pa. Rhodes previously served as senior vice president of...
  • OOCL's Profit Soars Despite 'Challenging' Year
    OOCL reported profit in 2012 was $297 million, jumping 63 percent from $182 million in 2011. Yearly revenue was $6.5 billion, up 7 percent from $6.0 billion in the previous year. Revenue per TEU rose 2.9 percent to $1,131. The container line's liifting increased 3.7 percent to 5.2 million 20-foot-equivalent units. Operating...
  • Aviation Drives John Menzies Profit
    John Menzies, the U.K. aviation services and distribution company, posted a 4 percent increase in profit in 2012 as a strong performance by its cargo handling unit outweighed restructuring costs. Underlying pretax profit grew to '58.4 million ($87.3 million) from '56.4 million ($84.6 million) in 2011 as revenue shrank by £17...
  • US Intermodal Rates Show Mixed Shifts for Week
    U.S. intermodal rates showed ups and downs across the four lanes during the week of March 4, according to weekly data on all-inclusive 53-foot door-to-door spot pricing quoted by railroads and provided by the 3PL IDS. East-west lanes and west-east lanes had rate increases, while rates on north-south and south-north...
  • 3Gtms Merges With Transite Technology
    Mitch Weseley, 3Gtms's CEO.3Gtms, a developer of transportation software products, has merged with Transite Technology, a developer of transportation management systems. Retaining the 3Gtms name, the unified company will operate under the direction of Mitch Weseley, 3Gtms CEO. The merged company will expand on Transite's existing software solutions, focusing on mid-market shippers,...
  • Panalpina Reports Red Ink for 2012
    Panalpina plunged to a loss of 70.2 million Swiss francs ($74.4 million) in 2012 from a 127.4 million franc ($135 million) profit in 2011 as the global logistics and freight forwarding group took a triple hit from a softening air freight market, weak European imports and antitrust fines. The Swiss company's...
  • Emirates Shipping to Raise Asia-Africa Rates
    Emirates Shipping Line will hike rates on its East Africa trade lanes, effective April 1. From the Far East and Southeast Asia to East Africa, the increase will be $200 per 20-foot-equivalent unit....
  • Caribbean Carrier Group Sets Congestion Surcharge
    The member carriers of the Caribbean Shipowners Association will implement a port congestion surcharge for all full container load shipments moving between the continental U.S. and St. John's, Antigua, starting March 31. The surcharge will be $100 per 20-foot container, $200 per 40-foot container and $225 per container greater than 40...
  • CMA CGM to Hike Europe-South America Rates
    CMA CGM will increase rates in its trade from North Europe to South America's west coast, starting April 1. The hike will be $300 per 20-foot-equivalent unit. It applies to all shipments excluding refrigerated cargo....
  • From TPM: Devine: Automation to Improve Productivity, Not to Cut Jobs
    LONG BEACH, Calif. - The primary reasons for automating U.S. container terminals are to improve vessel and gate productivity and enhance safety, not to reduce longshore jobs, according to an East Coast marine terminal operator. Shipping lines are determined to enter ever larger vessels into the U.S. trades as they seek...

Containerisation Internationalweb site
MARCH 6, 2013
  • OOIL posts 7.4% rise in revenues
  • Containership deliveries to reach record levels in 2013
    Containership deliveries will reach record levels this year despite efforts by owners to defer receiving tonnage, according to analyst Alphaliner.Figures published ...
  • Transpac spot rate decline puts negotiators on back foot
    Maersk Line CEO Soren Skou used his keynote speech at the Long Beach-hosted TPM this week to amongst other things talk up the prospects for higher rates from Asia ...
  • Seaspan reports solid earnings and new loan facility from Chinese bank
    Seaspan Corporation has reported normalised net earnings edged down 9.5% to $32m in the fourth quarter of 2012 and a slightly lower vessel utilisation rate of 98.5% ...
  • Box volumes rise on Asia to Europe trade for first time in almost a year
    THE Asia to Europe trade experienced a year-on-year increase in container volumes in January for the first time in almost a year.The latest data from Container ...
  • Panalpina hit by soaring costs
    OCEAN freight was one bright spot in an 'unsatisfactory' set of 2012 full year results for Switzerland-based logistics operator Panalpina, which reported a group ...
  • RCL suffers at the hands of over capacity
    Thai-headquartered intra-Asia feeder and domestic carrier Regional Container Lines [RCL] saw its trading result deteriorate further in 2012, posting a THB 1,927 ...

TradeWindsweb site
MARCH 6, 2013
  • DRYS posts deep deficit
    Shares of George Economou's DryShips plunged in late trading Wednesday after turning in a fourth-quarter loss that fell short of Wall Street forecasts.
  • LNG put to the test
    Demand for LNG-powered engines is on the rise in the maritime sector and the craze is starting to gain momentum in other industries that are looking to secure new sources of affordable fuel.
  • Dominoes anyone?
    The US Coast Guard (USCG) has teamed up with private contractors in an attempt to locate and recover containers that fell off a barge controlled by TransAtlantic Lines (TAL) Monday afternoon.
  • STNG expansion drive continues
    Scorpio Tankers has added a tenth medium-range products tanker to its fleet of chartered tonnage.
  • Bourbon's $2.5bn sale
    Bourbon plans to raise $2.5bn from the sale-and-charterback of around one-third of its fleet.
  • DVB blows eco view
    Bulker owners hoping to secure a premium for new eco vessels will find themselves disappointed, for now at least, a leading bank says.
  • LSC lowers loss
    Lithuanian Shipping Company (LSC) has cut its 2012 losses, but costs remain higher than revenue.
  • Exxon's output boost
    Tanker owners may be in the doldrums due to oversupply of tonnage but they can at least look forward to carrying more cargo in the next few years, if figures announced today by ExxonMobil are anything to go by.
  • Fractured, not broken
    Shipowners have again been warned against complacency amid the decline in attacks by pirates off Somalia.
  • Pratibha bosses held
    Two directors of Indian owner Pratibha Shipping have been arrested as part of the investigation into the fatal grounding of the Pratibha Cauvery.
  • Flex LNG unperturbed
    Flex LNG has brushed off a formal cancelation by Samsung Heavy Industries for a huge order of LNG FPSOs.
  • Bourbon profit better
    French offshore heavyweight Bourbon has turned in strong results for 2012.
  • Six ships grounded
    A seafarer was reported missing as a storm forced at least six vessels aground in Panama.
  • ESL finds new chief
    ESL Shipping of Finland has found its new boss at heavy-lift compatriot Meriaura.
  • Fisher takes tanker hit
    UK owner James Fisher has written down the value of its tanker fleet ahead of potential vessel sales.
  • Samsung writes off Flex
    Samsung Heavy Industries appears to have formally called time on a Flex LNG order for four floating LNG production units.
  • Westgarth goes offshore
    Tanker heavyweight Graham Westgarth has added another line to his impressive CV after becoming a director of offshore owner Seagull.
  • Gati stake sale likely
    Indian boxship owner Gati is likely to bring in a new investor to cut debt.
  • Norden re-aims the gun
    Norden is close to penning four new product tankers and is also actively looking to expand its core dry-cargo fleet, its CEO says.
  • OOCL sees profit jump
    Hong Kong shipping group OOIL has seen 2012 profit jump as liftings and revenue increased.
  • Seadrill completes bond run
    Seadrill has successfully completed a raid on the Norwegian bond market.
  • Champagne quarter
    Norden raced past forecasts in the fourth quarter but has delivered a sobering forecast for the year ahead.
  • Orders slow further
    The number of newbuilding contracts booked in January and February has fallen 18% year-on-year.
  • Ice work
    Cargoships should be able to sail straight over the North Pole by 2050, scientists believe.
  • James Fisher buys Divex
    James Fisher and Sons has continued its expansion drive with the acquisition of another company in the offshore sector.
  • Hanjin eyes six
    Hanjin Heavy of Korea is in talks for six more boxship and bulker newbuildings.
  • Seaspan profits soar
    Seaspan has seen its fourth quarter net profits jump 150% from a year ago to almost $59m, the company said late Tuesday.
  • Stena in Asia ferry move
    Stena Group is poised to launch its first ferry operation in Asia with a service between South Korea and Russia.
  • 70 VLCCs too many
    Maersk Tankers chief executive Hanne Sorensen says one-in-ten VLCCs needs to be removed from the fleet to restore rates.
  • Frew to lead BIMCO
    Angus Frew has been named as the new secretary general and chief executive of shipowner's body BIMCO.
  • Cruise ship runs aground
    A Hurtigruten cruise ship has run aground in a remote Norwegian fjord north of the Arctic Circle but has managed to refloat unaided.

American Shipperweb site
MARCH 6, 2013
  • Delay in EU's known consignor rule
    Status can be achieved by training employees about security in the supply chain and by enhancing other security practices. Firms that don't submit to the new guidelines will see their shipments undergo increased screening.
  • DHS selects new COAC members
  • MSC to stop Europe-to-Asia bookings
    The liner carrier said the move will "allow the cargo booked in time to receive the best attention... especially in view of the well-known and widely announced limited availability of space and equipment during the incoming weeks."
  • OOCL profit rises in 2012 despite tough 4Q
    Hong Kong-based Orient Overseas International, Ltd. (OOIL), the parent company of liner carrier OOCL, on Wednesday said its 2012 operating profits rose 86.9 percent year-on-year in 2012 to $343.2 million.
  • ILWU files unfair labor practice charge
    The union said United Grain "took the extreme measure of locking out its entire bargaining unit even though by its own statements it had identified and terminated the employee allegedly responsible for the property damage."
  • Panalpina's 2012 saved by ocean, logistics
  • Despite challenges, DHL has robust 2012
  • Barge loses containers off Florida coast
  • Great Lakes shipping season begins
  • FedEx increases sustainability commitment
  • NS ends railcar classification in Roanoke
  • NS disputes $1.2 million OSHA ruling
    The Occupational Safety and Health Administration has ordered Norfolk Southern Railway Co. to pay $1.2 million to three workers for wrongfully terminating them for reporting workplace injuries, a violation of whistleblower rules.
  • Maritime law firm merges with larger outfit
  • Twinkie bakers qualify for trade-related benefits
  • SeaIntel opens Hong Kong office
  • U.S. backs $1.1 billion finance for planes to Indonesia
  • U.S. loan helps export wind turbines to Honduras
  • Egypt's QIZ exporters receive U.S. duty-free treatment
  • U.S., Mexico finalize new tomato trade agreement
  • Executive moves

The Bunker Bulletinweb site
MARCH 6, 2013
  • Mid-week prices show gains in Fujairah
    No avails in Suez, say reports.
  • Prices close the day firm in Europe
    Tight avails reported in Rotterdam.
  • BP in joint venture to supply in Brazilian 'super port'
    Oil major has formed 50/50 partnership with Brazilian conglomerate.
  • Dry bulk sector to remain under pressure
    Excess capacity is likely to dog the dry bulk sector 'for the rest of the year'.
  • Bulker detained in US on ECA rule breaking charge
    Case could be sign that 'softly, softly' approach is coming to an end.
  • Shipping industry 'to remain focused' on fuel efficiency
    But larger container ships could mean more delays in the supply chain.
  • Asian bunker prices post gains at key ports
    There were no issues with bunker supplies at major Asian ports on Wednesday.
  • More orders for LNG-fuelled ships expected
    Expansion on cards if infrastructure develops.
  • Pacific Basin targeting fuel-efficient secondhand vessels
    They can generate cost savings of some $360,000 a year, says Chief Executive.
  • PCG still identifying source of Philippine oil spill
    PCG still waiting for other results to confirm if spill came from MV Harita Bauxite.
  • Seaspan returns to black
    Firm 'satisfied' with operational and financial results, says CEO.
  • US producer upbeat on marine biofuels market
    Biofuels business to remain 'very encouraging' due to commitment from US Navy, says CEO.
  • New player to offer bunker fuel in Singapore
    Initially company will supply bunkers to 'one liner shipping company'.
  • German firm receives fuel efficient inland tanker
    Vessel able to produce less particle emissions while reducing fuel consumption by 15%.

›››File
FROM THE HOME PAGE
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
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