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Independent journal on economy and transport policy
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BRIEFS
February 8, 2013
Sched Netweb site
  • Emirates increases Far East, SE Asia-Mideast rate US$500/TEU March 15
  • Cosco chairman Wei under pressure to step down after 2nd big annual loss
  • MOL on time arrival performance on Asia to US trade lanes suffers setback
  • Cosco, KHI joint shipyard's 13,000-TEUer given trial run on lower Yangtze
  • ICTSI wins Honduras bid for 1.8 million TEU capacity container terminal
  • Shanxi highways now exceed 5,000 kilometres linking 90pc of province
  • Zim splits FE-India-Med-N Europe into 2 with slots with MSC, Maersk
  • MOL weekly feeder service Peru-Ecuador links with New World Alliance
  • CP Rail poaches 2nd top executive from CN, though US law suit settled
  • Korean Air back in black as 2012 profit up 3.7pc to US$235 million
  • JAL quarterly cargo up 4.8pc as profit falls 5.3pc on 2.2pc fewer sales
  • Tests start on airship to carry cargo to military bases, disaster zones

Exim Indiaweb site
FEBRUARY 7, 2013
  • CBEC & WCO bestow Certificate of Merit on Navkar Corp.
  • Shipping Secretary to grace international conference as Chief Guest
  • Antwerp Port organises business meet in Chennai
  • GDL acquires new CFS in Chennai; posts 9 pc revenue growth in Q3
  • INR remains firm on increased dollar selling
  • AEPC seeks flat 5 pc duty on cotton fabric varieties

International Transport Journalweb site
FEBRUARY 7, 2013
  • LOT cancelling this and next month's B787 inaugural services
    LOT Polish Airlines is cancelling its planned Boeing 787 operation for all of February and March 2013. The move impacts the B787 inaugural service to New York JFK (USA), scheduled ...
  • Wabash expands tank trailer portfolio and geographic footprint
    US-based Wabash National Corporation has agreed to acquire certain assets of the tank and trailer business of Beall Corporation, a Portland OR (USA)-based manufacturer of aluminiu...
  • Kombiverkehr launches more than 30 new trains
    Frankfurt (Germany)-based Kombiverkehr KG is adding an extra 32 train departures a week to its network to enable it to meet the sharp increase in demand for intermodal transport op...
  • Norfolk Southern invests in freight rail service, safety, and sustainability
    Norfolk Southern Corporation (NS), a US-based transport provider, plans to spend USD 2 billion on capital improvements to its rail transportation network this year. The largest exp...
  • Memphis: "Recat" increases capacity significantly
    Capacity at Memphis TN (USA) airport has increased significantly since the US Federal Aviation Authority (FAA) revised wake turbulence separation standards on 1 November 2012. The...
  • Volvo Trucks investing in China
    AB Volvo has signed an agreement with the Chinese vehicle manufacturer Dongfeng Motor Group Company Limited (DFG) to acquire 45% of DFG's new subsidiary, Dongfeng Commercial Vehicl...
  • G6 Alliance expands cooperation to transpacific trade
    The six member lines of the G6 Alliance are expanding their cooperation to the Asia-to-North America east coast trade. They will deploy more than 50 ships in the transpacific trade...
  • Aeroflot finally gets long awaited permission for B777-300ER commercial flights
    The Russian carrier Aeroflot has finally received permission to operate its new long-haul Boeing 777-300ER aircraft and has immediately put it into service. The company got t...
  • Ceva appoints new head of operations for China
    Ceva Logistics appointed Jaap Bruining as its new head of operations for China, effective 1 February 2013. Bruining will be located in Shanghai after eight years of operational exp...
  • UPS expands healthcare network in key locations across North America
    The US integrator UPS is significantly expanding its global healthcare distribution network in five key markets in North America. Locations to be enlarged include facilities in Bur...
  • Davies Turner and Ekol Logistics cooperate
    Some 45 years after identifying the potential of the Turkish market, the British forwarder Davies Turner is set to further expand its multimodal presence in the trade between the U...
  • DSV Air & Sea launches express and courier service
    DSV Air & Sea Ltd has launched its own courier and express service so that customers can use one company for all their logistics needs. Online pricing enquiries, booking, track...
  • Hertzog and Partner opens new branch office in Germany
    Hamburg-based Elmar Hertzog and Partner Management Consultants GmbH has opened a new branch office that is responsible for Hesse, Rhineland-Palatinate and the Saarland regions in G...

World Wide Shipperweb site
FEBRUARY 7, 2013
  • Port of Portland business delivers gains during 2012
  • Firm finds Quincy rail service leaves smaller carbon footprint
  • Drewry performance report finds reliability numbers on rise
  • Port of Bellingham joins team calling for support from legislature
  • Port of Vancouver sees progress on Alcoa site capping project

Lloyd's Listweb site
FEBRUARY 7, 2013
  • Maersk Tankers enters the West Africa danger zone
    BP charter of Maersk Katarina raises controversial issue of premiums for owners willing to risk piracy
  • Warmer times ahead for tanker workhorses
    Good news for aframaxes as Russia increases its exports this year
  • Who will swoop for BG Group?
    Shell and ExxonMobil have been named likely suitors
  • Crunch time looms for the KG market
    'Hysterical' lenders have not learned from their past mistakes
  • Japanese gas demand keeps LNG bubble bouncing
    Falling imports would deal a serious blow to tonne-mile demand
  • Hanjin Shipping ranked most reliable carrier
    Daily Maersk loses competitive advantage as South Korean line takes the top slot
  • Case dismissed
    Good news for Carnival as a Florida judge rejects a Costa Concordia family filing
  • Scorpio orders four handymaxes for $120m
    Feverish expansion sees attention turn to financing
  • Blowing bubbles
    Is a slump in Japanese imports about to scupper LNG tonne-mile demand?
  • New Braemar Adjusting chief to focus on 'burgeoning' markets
    Loss adjuster to open Dubai office in April
  • US shippers ask FMC to scrutinise plans for transpacific merger
    NITL demands due diligence on move to unite carrier groups
  • Jaya quarterly net profit surges fivefold to $6.5m
    Rise in offshore chartering combines with delivery and disposal of three vessels
  • Zombie shipping firms - a spotter's guide
    Follow the Lloyd's List Intelligence crib sheet to avoid surprise nasties
  • Varun slips back into the red
    Troubled Indian tanker operator reports a quarterly loss to end-December
  • HHI sees 2012 net profit dive 62.2%
    World's largest shipbuilder slips into the red in fourth quarter
  • MR product tankers lifted by transatlantic rate spike
    US refiner Valero charters vessel at new high of W192.5
  • HHLA posts weaker results despite box volume growth
    Hamburg port firm earned a premium on capital costs, says chairman
  • Hijacking, the debate
    Attacking, holding and robbing a vessel by any other name...
  • DNB increases shipping impairments
    Profits fall 7% in fourth quarter, Norwegian bank reveals
  • MOL to join APL's China-Middle East service
    Move follows G6 expansion into transpacific trades

Fairplayweb site
FEBRUARY 7, 2013
  • Scorpio newbuilding order frenzy continues
    NYSE-listed Scorpio Tankers today pulled the trigger on four more options, bringing its confirmed newbuilding slate to 20
  • HHI plunges into red
    HYUNDAI HI today posted losses of 348.1Bn won ($318.7M) for 4Q12, reversing profits of 71.3Bn won in 4Q11
  • SK decides not to pursue STX Pan Ocean
    STX CORP'S attempt to sell control of STX Pan Ocean became more confused today, when SK Holdings told Fairplay it no longer planned to bid
  • Varun crashes to losses
    MUMBAI'S Varun Shipping, which is undergoing deep restructuring, today crashed to quarterly net losses, from profits year on year
  • GES profits jump 119%
    BETTER earnings from tankers and a foreign exchange gain of 730M rupees ($14M) helped Great Eastern Shipping to report today a 119% jump in net profits
  • Thai growth predicted
    THAILAND'S Kasikorn Research Centre expects growth this year for the Thai maritime transport sector
  • Russian 'pig needs help'
    RUSSIA'S pork sector is squealing to the Kremlin for feed subsidies
  • South Pacific heats up
    MAERSK Line's withdrawal from the New Zealand/Tahiti trade has sparked a range of initiatives aimed at seizing its former market share
  • Shipping: hands off EU transport budget
    EUROPE'S shipowner and port bodies called on leaders of EU governments to shun transport cuts when two days of budget talks resume today
  • Beijing approves oil imports
    BEIJING was reported today to have approved a deal granting access to 10M tonnes of imported crude to government-owned ChemChina
  • Ningbo to spend 3Bn yuan on port schemes
    NINGBO plans to invest more than 3Bn yuan ($476.5M) to complete six 10,000-tonne-plus port berths in 2013
  • ASL's quarter profits jump 40%
    ASL MARINE Holdings of Singapore today posted a 40% year on year increase in net profits during its second financial quarter
  • Jaya's profits surge 186%
    JAYA HOLDINGS said today high revenues from its offshore segment increased its first-half profits by 186% year on year to $16.6M
  • Seadrill can buy back transferred shares
    SEADRILL said today it has financed an allocation of shares in Sevan Drilling by transferring them to a bank, with an option to buy them back in May
  • LR tanker investments may rise this year
    INTEREST is rising in LR product tankers this year, ICAP Shipping said today, following up the surge in MR product tanker newbuildings of 2011-12

The Journal of Commerceweb site
FEBRUARY 7, 2013
  • WCI Index Shows Jump in Pacific Westbound Rates
    Trans-Pacific westbound rates shot up this week; backhaul Europe-Asia rates also climbed but by a lesser amount, according to the Thursday release of the weekly World Container Index. Trans-Pacific westbound rates were up 9.4 percent this week to $921 per 40-foot container and are up 5.4 percent since the beginning of...
  • Nippon Express (Europe) to Acquire Franco Vago
    Nippon Express (Europe), a subsidiary of Tokyo-based logistics business Nippon Express, has signed a share purchase agreement to acquire all shares of Franco Vago, a Florence, Italy-based apparel-related logistics company. Nippon Express acquired Franco Vago to augment its own apparel logistics operations in certain markets, particularly in emerging countries in Asia...
  • Working With, Not Against, China
    There's a lot of negative rhetoric being spouted about China around the world these days. Frustrated European policymakers, for example, complain because Beijing has been unwilling to jump in and bail out the debt-laden European Union without some assurances. In Washington, lawmakers in Congress are concerned the Chinese are deliberately holding...
  • Annual Review & Outlook 2013: North Atlantic Alliance Association
    The high tide of containerized U.S. exports in ocean shipping will continue to ebb in 2013. Overcapacity is returning to levels of the last decade, when ocean freight rates plummeted to record lows. The economic weakness in Europe and the U.S., coupled with a slowdown in China's manufacturing, create a...
  • Annual Review & Outlook 2013: National Ports and Waterways Initiative, University of New Orleans
    Coastal shipping refers to container and trailer services routed along the U.S. Atlantic, Gulf and Pacific coasts. All attempts to provide such services have failed. The most recent failed effort, despite a generous grant, was SeaBridge, between Port Manatee, Fla., and Brownsville, Texas. In contrast to the United States, coastal...
  • Annual Review & Outlook 2013: Montreal Port Authority
    The state of the global economy will likely continue to preoccupy decision-makers during 2013, especially as the maritime sector continues to struggle with financial and capacity issues. Of particular concern for East Coast ports is the enduring debt crisis affecting the eurozone, set against a backdrop of modest gains expected...
  • Parties Scramble in Wake of Mixed OCU Vote
    Three of the more than a dozen bargaining units representing office clerical workers in Los Angeles-Long Beach sent employers and union leaders scrambling Thursday by rejecting a tentative contract agreement that was reached in December. The Office Clerical Unit of International Longshore and Warehouse Union Local 63 and waterfront employers were...
  • Dubai World Central's Air Cargo Volume Soars
    Dubai Airports, which owns and manages Dubai International Airport and Dubai World Central International Airport, today reported Dubai World Central handled 219,092 metric tons of air freight in 2012, a jump of 144 percent from 2011, the airport's first full year of operations. Dubai World Central's average monthly air cargo volume in...
  • Annual Review & Outlook 2013: MOL (America)
    One of the underestimated developments we saw in 2012 was further slow-steaming. Transit times of three to four days longer prevailed in 2010 and 2011. Eventually, many customers embraced this reality. In 2013, the trend will likely continue if a few key facts remain in place: Shippers' debt ratio is low. Interest...
  • Annual Review & Outlook 2013: Metro Group Maritime
    Collaboration will be the theme for the container steamship lines this year. Container ship owners and management are making comments such as, "Four or five years ago, we would have never considered such things (as collaborations), but now we must." The lines are looking more and more to the outside...
  • Catapult International Opens Office in Hong Kong
    Kansas City, Kan.-based logistics software provider Catapult International has opened an office in Hong Kong to better serve clients in Asia. Vince Fung, a 20-year veteran in the ocean shipping industry, will serve as managing director of the new office. The company also plans to open an office in Hamburg, Germany, in...
  • 'K' Line (India) Begins Triple-Decker Motorcycle Truck Service
    "K" Line (India)'s new triple-decker motorcycle carrier. "K" Line (India), "K" Line's subsidiary in India, has launched a transportation service with a triple-decker motorcycle carrier from the distribution center of a motorcycle manufacturer in the Delhi area to its domestic depot. The company began trial operations with the three-level motorbike truck in...
  • Consolidators International Promotes Pazsternak
    U.S.-based Consolidators International has promoted Les Pazsternak as senior vice president for the Southeast. The freight forwarder also hired Brad Reybourne as development manager for the Southeast at CII's Atlanta facility. Pazsternak, based in Chicago, will continue his vice president duties for the company's Southwest and Midwest regions. He is a...
  • Port of San Diego Board Takes Up Shore Power Project
    Moored vessel at Port of San Diego. Following a 30-day public review period, California's Port of San Diego will release its final Mitigated Negative Declaration for the Port Capital Improvement Project, an environmental document relating to the proposed shore power project at the Tenth Avenue Marine Terminal, on Feb. 12 at...
  • A-1 Express Launches Long-Distance Freight Services
    Atlanta-based courier service company A-1 Express has launched long-distance freight services across the U.S. The company said the service can deliver freight without restrictions on size or weight. Long-distance freight services include commercial freight and residential freight deliveries....
  • US Reps. Richmond, Grimm Form Maritime Caucus
    U.S. Reps. Cedric Richmond, D-La., and Michael G. Grimm, R-N.Y., have established the Congressional Maritime Caucus, which will work to raise awareness among members of Congress on maritime-related topics. "I am confident that this caucus will be a voice for the entire maritime industry, one that stresses how critical this industry...
  • North American Intermodal Container Volume Sets Record High
    Intermodal container volume reached a record high in 2012 with 13.1 million moves, surpassing the previous year by 5.9 percent and the former high in 2007 by 9.8 percent, according to the Intermodal Association of North America's Intermodal Market Trends & Statistics report. For the third consecutive year, domestic containers were...
  • IBEW Workers Ratify Canadian National Contract
    Members of the International Brotherhood of Electrical Workers System Council 11 at Canadian National Railway have ratified a four-year labor collective agreement that provides improvements in wages and benefits for about 700 CN signal and communications employees. The agreement is retroactive to Jan. 1, 2013. It was negotiated before the former contract...
  • Barloworld's Dedicated Logistics Unit Merges with Manline
    Johannesburg-based Barloworld Logistics' Dedicated Transport Services division has concluded its merger with the Manline group, a logistics provider in Southern Africa. The merged business, called Barloworld Transport Solutions, has become a 50.1 percent-held subsidiary of Barloworld Logistics. The transaction involved the disposal of DTS together with a cash contribution, in exchange...
  • Belgium's Damen Shipyards Delivers Freighter
    Damen Shipyards Bergum's Combi Freighter 3850 for Hartel and Hudig & Veder. Damen Shipyards Bergum, a subsidiary of Damen Shipyards Group, has delivered the Hoogvliet, a Damen Combi Freighter 3850, to Hartel Shipping and Hudig & Veder. The carrier for oversize cargo was launched at Cruise Terminal Rotterdam in the Netherlands. The vessel...

Containerisation Internationalweb site
FEBRUARY 7, 2013
  • NITL calls on FMC to put TSA-WTSA merger under microscope
    The US 'voice of the shipper' National Industrial Transportation League [NITL] has urged the Federal Maritime Commission [FMC] to 'closely examine the ramifications ...
  • HHLA posts weaker results despite box volume growth
  • Port of London 2012 trade down 10%, but Gateway beckons
    Trade through the terminals and cargo handling facilities on the River Thames fell by 10% to 43.7 million tonnes during 2012, the Port of London Authority (PLA) ...
  • MOL to join APL's China-Middle East service
  • New Mombasa Dry Port opened by APM Terminals
    APM Terminals (APMT) has opened a new 7.3ha inland container freight station (CFS) 4km from Kenya's primary port of Mombasa. The new facility ...
  • Sokhna in trouble again
    After the disruption of seperate industrial unrest in February and October of last year the Egyptian Red Sea port of Sokhna seems to have more labour problems to ...

TradeWindsweb site
FEBRUARY 7, 2013
  • GLDD lands dredge job
    Great Lakes Dredge & Dock has secured a contract that calls for the deepening of the Arthur Kill channel in the Ports of New York and New Jersey.
  • TBS seals scrap pact
    TBS International of the US has finally parted ways with an ageing tweendecker that was sold for scrap late last year.
  • Peraticos in the crosshairs
    Pegasus Shipping collapsed during the junk bond crisis nearly 10 years ago but some of its creditors are still entrenched in fierce legal battles with former patriarch Nico Peraticos.
  • Record MR fixtures for US
    US oil products exports have risen sharply since September with medium-range tanker fixtures from the Gulf Coast reaching a record high in January, fuelling spot rate rises in the Atlantic.
  • Mississippi melee
    Teekay is gearing up for a legal battle linked to a smash that rocked the Mississippi River nearly a year ago.
  • Glencore gig for Greek
    Target Marine has picked up a fresh period contract for one of its panamax bulkers.
  • ISC up on vessel sale
    International Shipholding Corp (ISC) has posted big rise in fourth quarter earnings thanks to the sale of a vessel.
  • Great Eastern stronger
    Lower costs and rising revenue have spurred India's Great Eastern Shipping to a bigger third quarter profit.
  • Final OBO departs
    John Fredriksen is waving farewell to the last of his capesize combination carriers.
  • GC Rieber sells oldie
    GC Rieber Shipping has agreed to sell an ageing 2D seismic survey vessel.
  • Scorpio not done yet
    Three newbuilding orders during a hectic start to 2013 have yet to use up half of the cash Scorpio Tankers has in its arsenal, sources say.
  • STNG chalks up four more
    Scorpio Tankers has opened its chequebook for the second time in a week to take up newbuildings in South Korea.
  • Massive misunderstanding?
    A report from Indonesia last month that the country was planning to order 2,500 small ships in China certainly made the world of shipping sit up and take notice.
  • Pyxis: Guards saved ship
    Greek manager Pyxis Maritime has revealed that the hijacking attempt on the Pyxis Delta in Nigeria that killed one crewman was foiled by armed guards.
  • Eyssautier sets new course
    French marine insurance broker, Groupe Eyssautier, is setting course for expansion following a management buyout that sees the company regain its independence.
  • Havyard builds China tally
    Norway's Havyard has bagged another order from a Chinese shipowner for one of its offshore support vessel designs.
  • Vinashin Ocean to fold
    Vietnamese prime minister Nguyen Tan Dung has approved a restructuring plan for national owner Vinalines, including the bankruptcy of its Vinashin Ocean Shipping (Vinashinlines) subsidiary.
  • MOL joins APL
    Japan's MOL is teaming up with APL for a new China to Middle East containership service.
  • Wrinkles not concealed
    We all know it's not polite to ask a lady her real age.
  • Jaya earnings rocket
    Jaya Holdings has reported a huge rise in final quarter earnings thanks to more vessel sales.
  • Subsea 7 ties up two
    Oslo-listed Subsea 7 has clinched more pipe-lay work with a deal in Nigeria.
  • Buys tricky for Knightsbridge
    Knightsbridge Tankers' faces a challenge to boost its capesize fleet given limited growth opportunities available to the company, analysts say.
  • HSH asks for more
    German shipping lender HSH Nordbank needs another EUR 3bn ($4bn) in loan guarantees to "ensure adequate capital resources" in the downturn.
  • Sembcorp bags topsides deal
    Sembcorp Marine has secured its first major contract of the New Year.
  • B+H smokes OBO
    B+H Equimar has sent one of its OBOs to the scrap heap.
  • Tamai turns red
    Japanese bulker owner Tamai Steamship has slumped to a loss in the first nine months of its financial year.
  • Hyundai Heavy falls to red
    Hyundai Heavy Industries has fallen to a surprise loss in the fourth quarter of the year.
  • DNB writes down more
    Trouble in key shipping markets led the industry's largest lender to book its chunkiest writedown of the year in the final quarter of 2012.
  • Stena Line hails record
    Sweden's Stena Line has posted record passenger and car volumes in the North Sea for 2012.
  • Charged in 10 minutes
    Norwegian shipyard Fjellstrand is developing what is claimed to be the world's first battery-powered electric ferry.
  • Frontline orders double
    John Fredriksen's Frontline 2012 has added two more 115,000-dwt tankers to its series of newbuildings at Guangzhou Shipyard International (GSI) in China.
  • Mercator sells VLOC
    Mercator Lines (Singapore) has been forced to sell its only VLOC to help pay-off debts on two terminated charters.
  • Hanjin turns it around
    Korean shipbuilder Hanjin Heavy Industries & Construction has returned to profit in 2012, despite a fall in revenue.
  • Bulker pile up in Oz
    Gladstone Port has seen the number of ships waiting to load cargo swell amid weather related disruptions to coal supplies.
  • Diamond upgrades duo
    Diamond Offshore Drilling is to upgrade two of its semi-submersible rigs to take advantage of higher-spec work.
  • HOS adds to orderbook
    Hornbeck Offshore has ordered another four offshore support vessel newbuildings in a move which increases its tally to 24 ships.
  • Jindal back at Lamprell
    India's Jindal Group has returned to Lamprell to order a second jack-up drilling rig newbuilding.

American Shipperweb site
FEBRUARY 7, 2013
  • NEWSFLASH: ILWU Local 63 OCU clerks reject some contracts
    Members of the International Longshore and Warehouse Union's Local 63 Office Clerical Unit rejected some of the proposed contracts that were reached with employers last December during ratification voting on Wednesday night.
  • Stockton takes over stalled marine highway project
    In December 2011, the Port of Stockton hired Salt Lake City-based Savage Cos. to operate the barge service. Officials planned to begin scheduled service during the first quarter of 2012.
  • U.S. truck orders up in January
  • Drewry finds carrier performance improved
    "While carriers deserve some plaudits for their improving reliability, a worrying trend for cancelled or blank voyages is emerging as carriers attempt to redress weak supply and demand fundamentals," said Simon Heaney of Drewry.
  • MOL's new China- Mideast express service
  • 'K' Line starts triple-deck motorcycle hauls in India
  • Horizon arranges to buy 3 Alaska ships
  • Con-way's 2012 profits up despite lower 4Q
  • 2012 intermodal container volume at all-time high
  • Tropical expects better earnings in 2013
  • Transport mergers and acquisitions on the rise
  • Air cargo volumes down in Atlanta
  • DB Schenker builds Singapore warehouse
  • STB approves trucker chassis pool
    The board said NACPC's 10 current members account for a very small percentage of the estimated 7,000 motor carriers that provide intermodal transportation of marine chassis in the country.
  • ROAR expands to West Coast
  • Executive moves
  • Industry groups want GSP renewal
    The program is set to expire at the end of July and American companies would face $2 million per day in new taxes if Congress fails to renew GSP by Aug. 1, according to the Coalition for GSP.
  • FMC reviews 11 OTI license applications
  • Counterfeit toy importers indicted in New York
  • U.S. takes solar dispute with India to WTO

The Bunker Bulletinweb site
FEBRUARY 7, 2013
  • IMO still struggling with response to black carbon
    No agreement yet on definition or measurement methods; debate continues on justification for regulation.
  • Prices uncertain in Fujairah
    Mixed outlook in place in most bunkering hubs.
  • Prices follow crude
    Rising crude values are driving up bunker prices.
  • Norwegian engineering firm in LNG bunkering study
    Study to determine size of possible LNG bunkering station.
  • Weather disrupts bunkering at Malta
    Weather conditions expected to worsen.
  • New name on MPA's list of Accedited Suppliers
    Pacific Bunkering Services brings to 72 the number of players listed on the MPA website.
  • Gothenberg: LNG terminal has industry support
    Gothenberg 'natural hub' in national infrastructure solution.
  • Fuel oil stocks fall
    Increased outflows to China.
  • LNG: EU outlines bunkering policy
    Commission supports 'initial stages' of LNG bunkering infrastructure.
  • High tolls could drive vessels away from Suez Canal
    Slow steaming has already made routing ships round the Cape of Good Hope 'relatively less expensive'.
  • Asian bunker prices strengthen further
    Singapore's price of benchmark 380 cSt bunker fuel rose $3 to average at $654.50 pmt.
  • Sanctions fraud 'probe' centres on UAE company
    Fujairah serves as route to market for Iranian oil, says UANI.
  • Singapore vessel arrests on the rise
    Vessel arrests jumped 36% year-on-year.
  • Subsidy on MDO prices for India's fishermen
    India's Petroleum Minister says fishermen should not be taxed as bulk buyers.
  • MAN Diesel receives orders for VLCC engines
    The orders were from Greece-based Almi Tankers.

›››File
FROM THE HOME PAGE
LNG Ships and Taxonomy: EU Court Rejects Lack of Methane Limits
The Commission will have to set a methane emissions threshold for maritime transport criteria. The appeal by three NGOs was partially upheld.
Ports: The EU Commission calls on Italy to reject the national flag requirement for towing and mooring.
Brussels
France and Spain also received a reasoned opinion: two months to comply with the regulation on port services.
Another ship attacked in the Strait of Hormuz
Southampton/Tehran
Iran faces a shortage of basic goods, which are also imported through the Persian Gulf.
European Corridors: Italy Faces the 2030 Challenge
Brussels
National infrastructure largely compliant, but timing and funding of key projects remain uncertain
Electrification of ports and airports: the electricity grid is the new bottleneck
Brussels
Transport & Environment calls for speeding up connections and moving beyond the "first come, first served" criterion.
Boluda manages the multipurpose terminal at the Príncep d'Espanya pier in the port of Barcelona
Barcelona
The concession contract will have a duration of 16 years
The current value of Aeroporto di Genova Spa is between 14.9 and 15.9 million euros.
Genoa
PwC's assessment presented
FEPORT: EU ETS should not push transhipment out of Europe
Brussels
The terminal operators' federation calls on the ENVI commission to strengthen measures against tax evasion and to allocate part of the ETS revenues to ports.
New series of attacks on ships in the Strait of Hormuz
Southampton/Tehran/Tampa
Three tankers hit by shells. Another vessel caught fire.
Eurokai, higher revenues but lower profits
Eurokai, higher revenues but lower profits
Hamburg
Revenue up 14.4% and traffic up 8.3%, but net profit fell by 8.3% due to the lower share of Eurogate.
Genoa's boarding tax: the Regional Administrative Court rules in favor of the City Council.
Genoa
The appeal of shipowners and shipping agents was rejected
Carnival reports record revenues and profits in the June-August quarter despite a 36% increase in fuel costs.
Carnival reports record revenues and profits in the June-August quarter despite a 36% increase in fuel costs.
Miami
Customer deposits are at their highest. Prices and occupancy are expected to record next year.
Winners and losers in port connectivity: the long journey of Italian ports' ups and downs.
Winners and losers in port connectivity: the long journey of Italian ports' ups and downs.
Geneva
UNCTAD indices reveal a changing Mediterranean: Italy slips to seventh place, La Spezia, Trieste and Vado Ligure grow, while the South loses ground.
Electric trucks more affordable than diesel in six major EU markets
Brussels
According to T&E, in countries that account for 46% of European sales, electric vehicles have already become cheaper in five years. Italy, Spain, and Poland are lagging behind.
AP Moller Capital to acquire majority stake in Euroports
Copenhagen/Antwerp
R-Logitech will exit the capital, while PMV and SFPIM will remain shareholders
China, exports are growing but ports are slowing down
Beijing
In August, global foreign trade increased by +19.8%, but international goods handled by seaports decreased by -2.3%.
From Puertos del Estado to Ports of Italy: the same inspiration, an opposite outcome.
Genoa
For port reform, the government is referring to the Spanish model, but is building the exact opposite: yet another counter that the Italian corporate spirit knows how to invent so well.
Maritime ETS: Brussels opens up to hybrid and electric ferries, but Interferry demands more.
Brussels
The proposed revision strengthens the SMAP mechanism but leaves the issue of port networks and infrastructure to AFIR and FuelEU Maritime
Seafarer killed aboard bulk carrier attacked in the Strait of Hormuz
New Delhi/Southampton/Tehran
The other crew members were rescued.
Freight traffic in the ports of Genoa and Savona-Vado continues to oscillate between signs of recovery and slowdown
Genoa
In July, volumes increased in both Ligurian ports
Trasportounito offers an automatic system to adjust road haulage rates to the price of diesel.
Rome
Seafarers, five years after the Code of Conduct, the gap between policy and reality remains.
London
Shipping companies' compliance is growing, but issues remain regarding fatigue, psychological safety, complaints and recruitment fees.
Last month, ship traffic in the Suez Canal increased by +26.9%
Ismailia
In the first eight months of 2026, it was crossed by 9,602 ships (+17.4%)
Decision on crucial rail section of Scandinavian-Mediterranean Corridor in Germany postponed again
Hamburg
German port operators are calling for an acceleration of both new infrastructure and the upgrading of the existing line.
Kuehne+Nagel agrees to long-term strategic partnership with Amazon
Schindellegi
The agreement includes a call option on existing shares of the logistics group
MSC in talks to acquire German shipbuilding group Meyer Werft
New York
Currently, 80.73% of the capital is held by the German Federal Government and the State of Lower Saxony.
Trafigura creates a new shipping company dedicated to oil transport
Geneva
Initially Volare Shipping has a fleet of six VLCCs plus eight under construction
Shipowners are calling on EU member states to approve the inclusion of two Indian shipyards in the European list of ship recycling facilities.
Brussels
The new headquarters of the Italian Merchant Marine Academy has been inaugurated in Genoa.
Genoa
French ports see a balance between increases and decreases in the second quarter.
Paris
Total traffic reached 71.1 million tons (-0.2%). Containers increased by 8.1%.
The Genoa Port Master Plan, the Pra' dock, and the Multedo chemical depots are the thorniest issues in the discussions with operators and the local community.
Genoa
Crosetto: The Italian Navy will ensure the safe transit of Italian ships through the Strait of Bab el-Mandeb.
La Spezia
We have - the Minister of Defense underlined - the capabilities to protect its passage
Assiterminal: Seabed certainty and planned dredging are essential for port competitiveness.
Genoa
Mordeglia: We don't just need a simpler rule, we need a predictable one.
Germany is reforming VAT to make its ports more competitive.
Hamburg
The Conference of Finance Ministers approves the compensation model that should eliminate the pre-financing of the tax from 2030
Saudi Arabia denounces that the Houthis are pursuing a policy aimed at "strangling the Straits", holding the international community hostage
New York
The UN Security Council is divided between condemnations and calls for negotiations.
WTO: A reform of the trading system could increase global GDP by 3% by 2050
Geneva
The World Trade Report 2026 warns of the costs of fragmentation: up to 7% less global GDP in a world dominated by free trade agreements
One in ten containers is not up to standard
Washington
WSC publishes 2025 inspection data: out of 93,079 units inspected in seven countries, 9,645 had deficiencies
The World Shipping Council (WSC), the international association representing the world's leading container shipowners, has urged member states...
Maersk and Hapag-Lloyd to bring back four services on the Suez Canal route
Copenhagen/Hamburg
The lines connect Asia with Europe/Mediterranean
Neri and Nova Marine Carriers Groups to Control Calata Orlando Terminal
Lugano
The Livorno terminal will be the subject of a significant investment
Cavotec and EVIAS sign agreement for charging electric port vehicles on the move.
Stockholm
The Swedish company becomes the exclusive distributor and installer for the port sector of the French company's technologies
Hapag-Lloyd signs agreement with DP World to secure terminal capacity in Africa
Hamburg
The agreement concerns the ports of Dakar, Luanda, Dar es Salaam, Banana and Maputo
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
Filt Cgil, recognize maritime and port work as arduous
Rome
The union is calling for a clear provision to be included in the next budget law.
Tanker attacked in Hormuz
Southampton
The unit continued its navigation regularly
FS Logistix and Interporto Bologna presented the first Italian experimental DAC train
Assologistica event to discuss the Mediterranean strategy for Italian competitiveness
Rome
It will be held next October 30th in Naples
Sanilog launches a special cancer prevention campaign.
Rome
Three new areas dedicated to the prevention of head and neck and oral cavity cancers and the assessment of vascular risk
Contract awarded for dredging and completion of the electrification of the docks at the port of Gioia Tauro.
Gioia Tauro
They will be carried out respectively by Dravo and RTI Saet-Suardi
Student Naval Architect Award Awarded in Genoa
Genoa
The d'Amico Group and the Royal Institution of Naval Architects recognize excellence in naval engineering.
Freight transport is more expensive for Malta: €35 million per year between ETS, FuelEU and BAF
Zebbug
The hauliers' association calls on the government to challenge a European policy designed for the continent.
CMA CGM has finalized the acquisition of FedEx Supply Chain.
Marseille/Atlanta
With the transaction, CEVA Logistics' presence in North America has tripled.
Contships to order 10 feeder vessels with options for a further 10+10
Athens
Letter of intent with China's Hubei Guangji Green Energy Shipbuilding Group Co.
DP World signs agreement to develop deepwater port in Nigeria's Ogun State.
Dubai
The project includes approximately four kilometers of docks
New port regulations for Civitavecchia, Fiumicino, and Gaeta have been approved.
Civitavecchia
The procedural agreement with Interminal in Gaeta has been approved.
Kotug Acquires Majority Stake in Vortex Offshore
Rotterdam
The Dubai-based company provides maritime services to the offshore industry in the Middle East.
Over €1.9 billion in Spain to improve road and rail connections between ports
Madrid
Port authorities will contribute 875.1 million euros
Attica Holdings sold the ro-pax vessel Levka Ori for €8.3 million.
Kallithea
The ferry was built in 1987
DFDS's Trieste-Damietta ro-ro service will become bi-weekly in mid-October
Copenhagen
Inserting a second vessel into the route
The Italian Merchant Marine Academy increases cooperation with the Port of Durres.
Genoa
A memorandum of understanding has been signed
A volume on the history of the Tuscan port system will be presented in Livorno on Friday.
Livorno
A comparison of the key players in the port sector: from the reforms of the 1990s to the challenges of the future.
Suardiaz takes delivery of a 5,000-car LNG-powered car carrier
Madrid
A second PCTC vessel is expected in mid-2027
Hapag-Lloyd raises its 2026 outlook further
Hamburg
Strong demand and rising spot freight rates are pushing the company to significantly increase its EBITDA and EBIT forecasts.
UNIPORT's public meeting will be held in Rome on October 6th.
Rome
Debate on port reform and other relevant aspects of the sector
Pilot project for the production and use of green hydrogen at the port of Savona
Savona
Paroli (Western Ligurian Port Authority): a port area has been identified for work.
Tarros and Nurminen Logistics launch new Scandinavian-Mediterranean intermodal service
La Spezia/Helsinki
The land route connects Örebro, Parma and La Spezia
The first caisson of the breakwater protecting the regasification plant off the coast of Ravenna has been laid.
Ravenna
The maritime work will be approximately 900 metres long
Fincantieri and PT PAL sign agreement for the modernization of an Indonesian Navy vessel
Trieste
This is the "Kri Sriwijaya" unit (formerly "Giuseppe Garibaldi")
In Italy, the blue economy is worth 225 billion, and the nautical industry alone exceeds 10 billion in exports.
Rome
SACE's Focus On presented at the Genoa Boat Show
Fire aboard the Blue Star Ferries ro-ro vessel Blue Carrier 2
Kallithea
The 29 people on board were evacuated
Costs and timescales for the reconstruction of the four US Navy shipyards are rising exponentially.
Washington
If in 2018 21 billion dollars and 20 years of work were expected, today the estimate is 200 billion and at least 50 years.
Shipping faces its triple challenge: decarbonization, geopolitics, and the new geography of the automotive industry.
Chaff
At the Euromed Convention in Grimaldi, the sector is dealing with new environmental regulations, increasingly exposed routes and the shift of automotive production towards Southeast Asia.
Orizzonte Sistemi Navali signs a €3.7 billion contract for two destroyers
Trieste
The "Domenico Millelire" PPA has been delivered to the Navy.
Livorno: The Supreme Court of Cassation overturns the convictions in the Darsena Toscana docks affair.
Rome
The appeal ruling overturned the court's acquittal and convicted three defendants of ideological forgery.
The Port of Rijeka expects to close 2026 with a record container traffic of 800,000 TEUs.
River
With the new terminal on the island of Krk, traffic could rise to 1.7 million TEUs
Offshore wind energy funding: Pichetto reassures Taranto, but Taranto demands certainty.
Taranto
The 2026 funding for the Apulian port drops to €13.9 million. Gugliotti hopes for a formal confirmation of the remaining resources in 2027.
Port reform: The majority pushes ahead with Porti d'Italia SpA
Rome
The Chamber's Transport Committee rejects the opposition's suppressive amendments.
Gela's Porto Rifugio has received a favorable opinion for dredging the port's waters.
Palermo
Greenbrier Europe to produce NIK transshipment system for TX Logistik
Troisdorf/Berlin
Allows rapid loading of non-craneable semi-trailers onto trains
Maersk opens its own logistics center in the heart of Germany
Herleshausen
Located in Herleshausen, it has a surface area of 71,800 square meters
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
South Korea's HJ Shipbuilding & Construction Co. wins orders for four new 10,100 TEU containerships
Busan
The contract has a total value of approximately 500 million dollars.
Democratic Party: The government's port reform paves the way for privatization of Italian ports.
Rome
Ghio and Misiani: it also takes resources and skills away from the territories
Port self-production: The Council of State denies the segmentability of the authorization pursuant to Article 16, paragraph 3.
Rome
Cartour's "partial" authorization in the port of Salerno has been suspended.
Port of Miami closes fiscal 2026 with record cruise traffic
Miami
The threshold of ten million passengers has been exceeded, compared to 8.56 million in the previous financial year.
The Grimaldi Group has taken delivery of the new pure car and truck carrier Grande Egitto.
Naples
Its load capacity reaches 9,800 ceu
Port reform will be discussed in Genoa on October 2nd.
Genoa
Workshop organized by the AdSP and the Altero Matteoli association
Fratelli Cosulich strengthens its logistics network with the opening of Express Global Dubai
Dubai
Teresa Cosulich will be responsible for the new logistics office.
"A Sea of Switzerland" will be held in Lugano on October 9th
Lugano
Ninth edition of the International Forum on Transport and Infrastructure
Brullo Group orders three 40,800-ton deadweight oil/chemical tanker vessels
Rome
Order to the Chinese shipyard Anhui Shipyard
New attack on a ship in the Strait of Hormuz
Southampton
A bullet caused minor injuries to two crew members
A new megayacht production, maintenance, and storage hub opens in Trieste.
Trieste
Trieste Shipyards was founded by Seadock (Samer group) and Yachting Expertise and is owned by Friulia
Confitarma applauds the government's initiative to protect Italian ships in the Red Sea.
Rome
Zanetti: Maritime security is, in effect, a component of national economic security
Unions approve the platform for the single collective bargaining agreement for the shipping industry.
Rome
Filt, Fit and Uilt, is structured around three central elements such as salary, protection, participation and thirteen concrete requests
FHP Intermodal is increasing the frequency of its freight rail service between Fiorenzuola and Incoronata/Bari.
Milan
It goes up to five days a week
This year over 2,000 large yachts operated along the Italian coasts
Rome
Plus 10% for owned boats and a substantially stable trend for chartered ones
The event "Cyber-resilience in the maritime sector: defense, regulations, and European cooperation" will be held in Rome on Tuesday.
Rome
It is organized by Var Group and Confitarma
Smeup, with the acquisition of HTG, expands its portfolio in the logistics and transport sector
Erbusco
The Turin-based company specializes in the development of proprietary software
Saudi Arabian ports: Liquid bulk throughput to decline sharply in 2025
Riyadh
Total traffic fell to 298.3 million tonnes (-10.9%)
A delegation from the Lithuanian port of Klaipeda visited the port of Livorno
Livorno
In-depth comparison of their respective infrastructure development plans
New OOCL service between the Western Mediterranean and Canada
Hong Kong
Collaboration with Ocean Alliance companies and other carriers
The port's future is at the center of the event celebrating the 80th anniversary of Assosped Venezia and Asamar Veneto.
Venice
A conference on Friday will be the highlight of the festival
Increase in port workers at the ports of Monfalcone and Milazzo
Rome
Green light from the General Directorate for Ports, Logistics and Intermodality of the Ministry of the Interior.
Cargo traffic in Greek ports is sharply declining
Piraeus
Stagnation in passenger numbers
Mercitalia Shunting & Terminal has purchased eight Eurolight Dual bimodal locomotives
Rome
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
Assologistica event to discuss the Mediterranean strategy for Italian competitiveness
Rome
It will be held next October 30th in Naples
UNIPORT's public meeting will be held in Rome on October 6th.
Rome
Debate on port reform and other relevant aspects of the sector
››› Meetings File
PRESS REVIEW
Cosco Shipping arm readies China IPO to capitalise on global shipbuilding wave
(South China Morning Post)
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Container traffic in the port of Hong Kong grew by 22.1% last month.
Hong Kong
Total for the first eight months of 2026 unchanged
AGV Expo, a new European trade fair dedicated to self-guided vehicles, will be held in Piacenza next month.
Genoa
The event will also host a rich program of conferences
Massive transnational fraud discovered in the road haulage sector
Chieti
Illegal employment of non-EU workers
Cargo traffic at the port of Singapore decreased by -4.9% in August
Singapore
In the first eight months of 2026, the port handled 30.7 million containers (+4.2%)
Cochin Shipyard and Drydocks World to jointly develop new international ship repair center in Cochin
Mumbai
An Iranian merchant ship was hit in the Strait of Hormuz
Tehran/Southampton
One sailor died and four other crew members were injured.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
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