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Independent journal on economy and transport policy
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BRIEFS
March 12, 2013
Sched Netweb site
  • Transport minister signals Beijing bailout of troubled shipping sector
  • G6's 50-ship Panama-Suez US east coast fleet plan awaits FMC approval
  • Asia-Europe rates reach new low for 2013 down 9.5pc to US$999/TEU
  • China denies it is No 1 in world trade, respects WTO saying it is No 2
  • Milk powder export ban not about shortage, but cartel control: report
  • Commerce Minister says 2013 foreign trade will be better than in 2012
  • US freight rail investment to hit record high of US$24.5 billion in 2013
  • Panama Canal expansion hits new milestone with Culebra Cut dredging
  • China to become big Australian beef importer after Japan turns to US
  • DHL plans its biggest Mideast distribution centre in Dubai for 2014
  • Beijing's whole-car import approval poses no threat to Tianjin business
  • Saudi Airlines Cargo builds fast expanding cargo volumes in UAE market
  • Russia's Volga-Dnepr Airlines flies a boat from Jordan to Tanzania

Exim Indiaweb site
MARCH 11, 2013
  • Allcargo Logistics efficiently executes handling & transportation of generator
  • Cosco Shipping commences China-Brazil RoRo service
  • HPH Trust acquires 100 pc stake in Hong Kong s ACT
  • OOCL announces KTX Suite enhancement
  • Russia planning to sell Novorossiisk port
  • Shipping industry initiative to wean Somali youth away from piracy
  • Shipping interests among those affected by draft UK residential property tax changes
  • Feb. exports up 4.25 pc to $ 26.26 bn
  • Draft Guidelines for tariff setting in Major Ports, 2013
  • Railways planning five new freight corridors
  • Forex reserves ease by $ 1.341 bn to $ 290.574 bn
  • INR extends last week's gains, rises further on increased capital inflows
  • KASEZ celebrates 49th Foundation Day

International Transport Journalweb site
MARCH 11, 2013
  • Air Arabia launches Sharjah-Baghdad service
    Today (11 March), Air Arabia, the first and largest low-cost carrier (LCC) in the Middle East and North Africa, is launching non-stop services to Baghdad, its fourth destination in...
  • EU co-financing helps increase Netherlands' railfreight capacity
    The European Union will provide more than EUR 3.5 million from the TEN-T Programme to further the development of a key railfreight corridor between Meteren and Boxtel in the Nether...
  • New Atego BlueTec Hybrid joins Norbert Dentressangle fleet
    The French logistics company Norbert Dentressangle (ND) has just taken delivery of its second Mercedes-Benz Atego BlueTec Hybrid, the first hybrid truck specifically intended for t...
  • CD expands fleet to record numbers and introduces new connections
    The Czech railway company CD added a record number of new trains and carriages (83) to its fleet of rolling stock in 2012. Thanks to this, CD's flotilla of accessible carriages and...
  • India plans to install electronic toll collection system
    India's road transport and highways ministry aims to roll out an electronic toll collection (ETC) system across all the toll plazas on national highways throughout the country by 3...
  • Kuenz creates post of team leader sales for French-speaking regions
    Kuenz, an Austrian family-owned crane manufacturer, created the position of team leader sales in order to promote its activities in the French-speaking world. This post was then aw...
  • Swissport to take over SAS Ground Handling
    Swissport International Ltd. (Swissport) and Scandinavian Airline Systems (SAS) have signed a letter of intent that paves the way for continued negotiations between the two compani...
  • Latam chooses oneworld as its global alliance
    The Latam Airlines Group recently confirmed its selection of oneworld as the global alliance for all its (passenger) airlines. The decision, announced at a oneworld governing board...
  • UK Chamber of Shipping deeply concerned about MLC ratification
    The UK Chamber of Shipping (CoS) is urging the UK government to quickly ratify the Maritime Labour Convention 2006 (MLC). The MLC received the requisite 30 ratifications last summe...
  • HPH acquires 100% stake in ACT Hong Kong
    Hutchison Port Holdings Trust (HPH) has acquired Asia Container Terminals Holdings Limited (ACT Holding) from DP World and PSA International for USD 506 million in cash. This deal ...
  • Orient Overseas (International) notes rising profit for 2012
    Hong Kong-based Orient Overseas (International) Limited (OOIL), the parent company of liner carrier Orient Overseas Container Line (OOCL) and its subsidiaries (the group), announce...
  • Mehdorn to pull the chestnuts out of the fire in Berlin
    Hartmut Mehdorn, a former head of DB Deutsche Bahn and the airline Airberlin, is the new CEO of Berlin's troubled and delayed new Berlin-Brandenburg Airport project (BER). The nomi...

Marine Logweb site
MARCH 11, 2013
  • Ports respond to growing interest in LNG as ships' fuel
  • Meeting marine fuel sulfur targets could up carbon emissions
  • Otto Marine shipyard books first newbuilds in two years
  • MEO Batam shipyard completes upgrades to MPSV Endeavour
  • Statoil FSU to have Wärtsilä pump packages

World Wide Shipperweb site
MARCH 11, 2013
  • Port of Olympia adds PacArctic to list of marine terminal tenants
  • Satnam Johal named member of Vancouver Fraser port board
  • Rail association announces gains in safety numbers for 2012
  • Outer rail line completed for Vancouver, USA expansion project
  • Diana Shipping sets charter for Capesize dry bulk vessel

Lloyd's Listweb site
MARCH 11, 2013
  • GSL agrees loan covenant wavers
    New York owner bets on stable earnings from CMA CGM charters
  • Maritime jobs at risk as SOx emission rules loom
    UK Chamber of Shipping report highlights commercial and environmental risks of 2015 emission rules
  • Somali pirates free Royal Grace and Smyrni captives
    Releases free 47 hostages, 21 held for more than a year
  • China Cosco Holdings to sell logistics arm to sidestep stock suspension
    Move to shore up company finances follows reports of shareholder rebellion
  • Embdena becomes the second KG house casualty this year
    Intermediaries who sold funds to retail investors face legal action
  • Making the Baltic a NOx emission-control area faces many challenges
    IMO committee will not debate Helcom submission until next year
  • ICTSI posts 10% annual revenue hike
    Manila-based port operator expands in emerging markets
  • Class NK approves new VLCC hull design
    Japanese design stabilises VLCC using less seawater while in ballast
  • Start spreading the teus
    Ports seek technical solutions to meet new box weighing rules
  • Denholm steps up
    BIMCO's incoming president to focus on environmental challenges
  • Truck appointments plan on drawing board for LA and Long Beach
    PierPass appointment system will encourage more night-time box deliveries
  • Hedging its bets
    Whether Qatar or Australia emerges as the leading LNG player, Shell comes out on top
  • Boxship clear-out continues
    Alang breakers pay strong rates as India demolition prices firm
  • Early adopters stung with huge scrubber installation costs
    Chamber of Shipping raises similar concerns as global responses to Lloyd's List survey
  • Shell looks to bolster its position in gas sector
    Oil major's vision of a floating future has LNG shipping at its core
  • CKYH axes suspended Asia-north Europe service
    Alliance will not reactivate NE4 loop halted last autumn
  • BIMCO adapts Guardcon for West Africa
    Changes expected next month will focus on mandatory use of local guards
  • Gard launches policy for box loss and damage
    New product will cover general average
  • Boxlines will struggle to make latest Asia-Europe rate increases stick
    Low volumes are depressing rates, say derivatives brokers
  • Ningbo Port plans $160m bond issue
    Three-year notes will replenish working capital
  • Plans for a grey chassis pool gather pace
    LA and Long Beach hope to end costly repositioning
  • SITC profits steady as intra-Asia volume growth picks up pace
    Hong Kong-listed box specialist doubles its South Korea revenues
  • The right incentive
    Government aid to shipping should be a matter of degree
  • Leopard Tankers lands Standard Chartered loan
    Funding is for medium range product tankers ordered from SPP Shipbuilding

Fairplayweb site
MARCH 11, 2013
  • US imports seen rising despite sequestration
    US BOX imports are expected to increase despite potential delays predicted from a 10% cut screening workers, importers said today
  • 'Can-kicking' aids banks
    GERMAN shipping banks are reportedly making progress in pushing out painful asset write-downs through 'platform' solutions for over-indebted ships
  • India to halt Iran oil imports
    INDIAN companies are being forced by reinsurance hurdles to halt crude imports from Iran, IHS World Markets Energy reported today
  • TTA raises $132.2M
    TTA SAID today it has raised 3.964Bn baht ($132.2M) through a rights offering
  • Second pirated vessel confirmed free
    THE SHIP most recently hijacked by Somali pirates has been freed, EU NAVFOR confirmed today
  • Box rate decline worsens
    BOX rates on long-haul routes have continued their post-Lunar New Year decline, with the Shanghai Containerized Freight Index and World Container Index registering lower freight rates last week
  • Cancellations axe 100,000teu
    BOX LINERS cancelled nearly 150 sailings on Trans-Pacific and Asia/Europe routes over October-February, according to a study issued today
  • Box ship supply-demand gap widens
    MAERSK Line CEO Søren Skou said today the supply-demand gap in container shipping is certain to widen this year
  • Seadrill repurchases 150,000 of its own shares
    SEADRILL said today it has repurchased 150,000 of its common shares at an average price of 212
  • Indian breakers thrive while others squeezed
    CASH BUYERS are continuing this week to fork out top dollar to demolish box ships in India, even as the scrapping market eksewhere in Asia is tanking because of the tonnage glut
  • Beijing shuffles offices
    BEIJING plans to restructure the maritime police and the State Oceanic Administration as part of a five-office shuffle, China's State Council said
  • Product tanker rates firm
    FREIGHT rates for products tankers in east of Suez are continuing to firm this week, as the tight MR market forces charterers to take LR1s and LR2s
  • CKYH-Green Alliance again cuts Asia-Europe capacity
    THE CKYH-Green Alliance has moved to further trim capacity on its Asia-Europe services
  • Sinokor buys Dr Peters feeders
    SINOKOR Merchant Marine has reportedly bought three feeder ships from German owner Dr Peters, which is struggling with the insolvency of KG funds
  • Leopard lent $109M
    SINGAPORE'S Leopard Tankers today secured $109.35M in lending from Standard Chartered Bank to acquire four tanker newbuildings

The Journal of Commerceweb site
MARCH 11, 2013
  • Port of Tauranga Dredging Project Approved
    New Zealand's Port of Tauranga has received final approval from the Minister of Conservation for its plan to widen and deepen its shipping channel in order to accommodate larger ships. The project will deepen the waterway from 12.9 meters (about 42.3 feet) to 52.5 feet deep at low water. Ships of...
  • 10 Largest LTL Carriers Grew 4.3 Percent in 2012
    The 10 less-than-truckload carriers with more than $1 billion in annual revenue increased combined sales 4.3 percent in 2012 to $23.2 billion, accounting for 72.3 percent of total LTL industry revenue of nearly $32 billion, a study finds. The LTL industry's "billion-dollar club" grew much faster in 2011, when the same...
  • 13,000 Lights on NYK's Car Carriers Changed to Next-Generation Energy-Saving Units
    TOKYO - To make improvements in energy and economic efficiency, NYK has installed E'COOL, a next-generation energy-saving fluorescent lighting system produced by Optrom, Inc., on six NYK-operated car carriers. Since April 2012, approximately 13,000 fluorescent lights have been replaced by E-COOL. E-COOL uses a cold cathode fluorescent lamp (CCFL) that has...
  • European Survey Aims to Gauge Perceptions of Marine Litter
    Scientists are launching a Europe-wide survey which aims to provide the first detailed insight into people's perceptions of marine litter. The survey, being conducted by Plymouth University, will assess how people's attitudes towards the impacts and the potential solutions to this growing environmental problem vary between countries and between those who...
  • Amy Beavers Appointed to Merchant Marine Personnel Advisory Committee
    Amy Beavers appointed to serve in the Merchant Marine Personnel Advisory Committee. FORT LAUDERDALE, Fla. - Maritime Professional Training today announced that Amy Beavers has received a federal appointment from Secretary Napolitano to serve in the Merchant Marine Personnel Advisory Committee (MERPAC). The committee advises the Secretary of the Department of...
  • Indian Railways' Earnings Rise 20.4 Percent
    Indian Railways reported earnings from April 2012 to February 2013 were Rs. 111984.89 crore (about US$20.6 billion), rising 20.4 percent, compared with $17.1 billion during the same period in the previous year. Total goods earnings grew 24.4 percent year-over-year to $14.2 billion for the April 2012 to February 2013 period....
  • India's Trade Deficit Widens to $182 Billion
    India's Ministry of Commerce and Industry reported the trade deficit from April 2012 to February 2013 was $182.1 billion, expanding from the deficit of $169.8 billion in the same period in the previous year. Exports in February were valued at $26.3 billion, increasing 4.2 percent from $25.2 billion in February 2012....
  • ILWU Marches 'Fair' Contract to United Grain
    International Longshore and Warehouse Union grain workers Monday delivered what they consider to be a "fair" contract to the offices of United Grain Corp. with the hope of ending an employer lockout that has been under way at the Vancouver, Wash., grain export terminal since Feb. 27. "We believe it is...
  • Hong Kong Container Traffic Fell 5 Percent in 2012
    The Port of Hong Kong handled 5.6 million 20-foot-equivalent units in the fourth quarter of 2012, falling 9 percent compared to a year earlier, according to Hong Kong's Census and Statistics Department. Within this total, laden containers declined 9 percent to 4.8 million TEUs, while empty containers fell 8 percent to...
  • US Imports Expected to Rise Despite Sequestration
    Import cargo volume at the United States' major retail container ports is expected to rise 2.3 percent in March compared with the same month last year, despite federal spending cuts that could slow down cargo processing, according to the monthly Global Port Tracker report from the National Retail Federation and...
  • AirBridgeCargo Airlines Adds Third Moscow-Milan Weekly Flight
    AirBridgeCargo Airlines has added a third weekly service between Moscow and Milan to handle rising Asian cargo flows. Russia's largest cargo carrier will operate the 747 freighter service on Tuesdays in addition to existing flights on Thursdays and Saturdays to the Italian city which it has served since 2009. The Volga-Dnepr subsidiary...
  • Ryder, Eagle Distributing of Shreveport Ink Natural Gas Deal
    Eagle Distributing of Shreveport has signed a lease agreement with Ryder System for 23 compressed natural gas tractors. Eagle is an Anheuser-Busch distributor in northwestern Louisiana and Ryder's first natural gas lease customer in Louisiana. The CNG tractors will replace nearly all of Eagle's existing diesel-powered delivery fleet. Ryder, a commercial transportation...
  • Lufthansa in Double-Digit Cargo Slump
    Lufthansa Cargo's freight traffic fell 12.9 percent in February from a year ago, slightly outpacing a sharp reduction in capacity as Europe's largest scheduled cargo airline continued to align supply and demand in a bid to remain profitable. The decline, to 125,000 metric tons, was also in part attributable to the...
  • IAG Accepts Compromise to Prevent More Strikes
    Following negotiations between Iberia airlines and its workers, IAG, created from the merger of British Airways and Iberia, has accepted a compromise proposal put forward by a government-appointed mediator. The proposal would save the jobs of 666 workers and increase redundancy payouts for others, Reuters reports. Iberia had originally planned to...
  • IAG Cargo Adds Capacity to India-UK Route
    IAG Cargo will provide additional cargo capacity on flights from Hyderabad, India, to London. The capacity will be generated from an additional weekly passenger flight originating at Hyderabad International Airport, serviced by a Boeing 767 aircraft. The additional flight begins on March 31. "We have seen an increase in demand for products...
  • Copenhagen Malmö Port's Container Volume Down
    Copenhagen Malmö Port reported turnover in 2012 reached 725 million Swedish krona (about US$113.2 million), increasing 4 percent year-over-year. Annual operating profit was $15.9 million, rising by $2.5 million from 2011. "The results reflect the fact that the operation is developing steadily, despite the economic situation," said Johan Röstin, CEO of...
  • Asian Carriers Ditch Suspended Asia-Europe Service
    The CKYH alliance of four Asian ocean carriers will not revive its NE4 Asia-North Europe service that was suspended last October, following moves by rival lines that have also axed loops amid sluggish cargo growth and softening spot freight rates. The alliance, comprising South Korea's Hanjin Shipping, "K" Line of Japan,...
  • Report: Shippers Concerned About Sailing Cancellations
    Almost 150 sailings on the trans-Pacific and Asia-Europe routes were cancelled between October 2012 and February 2013, which has significantly affected freight rates and the regularity of service provided to shippers, according to Drewry's new Container Insight Weekly. The ocean carrier strategy has boosted average ship utilization and spot market freight...
  • ICTSI's Profit Rose 10 Percent in 2012
    International Container Terminal Services reported its net income attributable to equity holders in 2012 was $143.2 million, rising 10 percent from $130.5 million in 2011. Annual revenue from port operations increased 10 percent, too, from $664.8 million in 2011 to $729.3 million in 2012. The port management company handled 5.63 million 20-foot-equivalent units...

Containerisation Internationalweb site
MARCH 11, 2013
  • ICTSI posts 10% annual revenue hike
  • Triple-Es to call DCT Gdansk
    BALTIC Sea container terminal DCT Gdansk has unveiled it will handle Maersk Line's Triple-E vessels from August. The first of these vessels is expected to be named ...
  • March Asia-Europe rate increases 'unlikely' to succeed
    THE planned rate increases for the westbound Asia-Europe trade in March are 'unlikely' to succeed as shipping lines have begun to chase cargo, according to container ...
  • CKYH bites the bullet
    In the face of soft forward demand and falling freight rates the CKYH alliance of COSCON, K Line, Yang Ming and Hanjin Shipping has decided not to resume its October ...
  • LA and Long Beach hope to end costly respositioning
    Steps are being taken to eliminate a major source of inefficiency within the ports of Los Angeles and Long Beach by creating a common pool of chassis.Until few ...
  • Truck appointments plan on drawing board for LA/Long Beach
    ONCE gridlocked freeways serving the Long Beach and Los Angeles port complex are now relatively congestion-free, thanks to investments such as the Alameda railfreight ...
  • Cargotec's Kalmar boosts Venezuela box port capacity
    Venezuela's state-run container terminals at Puerto Cabello and La Guaira are to receive a significant consignment of quayside equipment from Finland's Cargotec ...

TradeWindsweb site
MARCH 11, 2013
  • Check please!
    CMA CGM has been forced to refund passengers who were on a cargo cruise when one of its containerships broke down in the Bay of Biscay last month.
  • What's in a name?
    Cowen Group has completed the acquisition of boutique investment bank Dahlman Rose.
  • Pribor abandons board
    Jeffrey Pribor has left Global Ship Lease's (GSL's) board of directors to dedicate more time to his new role as the head of maritime investment banking at Jefferies & Co.
  • Excel breaks silence
    Greek bulker owner Excel Maritime Carriers has been given more time to hammer out a financial restructuring with its lenders.
  • BLT's last stand
    Berlian Laju Tanker is hopeful that creditors will approve its restructuring plan when they return to the polls for a second round of voting in Indonesia on Thursday.
  • CSG plots $400m raid
    State-owned China Shipping Group (CSG) is lining up a quick sale of short-term debt.
  • Skou's fair play hope
    Maersk Line is hopeful of avoiding a rate war despite double digit growth in the containership fleet this year.
  • Strike two for Statoil
    Age Remoy's Rem Offshore has become the second Norwegian owner of the day to sign a period pact with oil and gas company Statoil.
  • Ferry pulled off rocks
    Passengers were evacuated from a high-speed ferry that ran on to rocks off Italy.
  • Wintermar eyes more
    Indonesia's Wintermar Offshore Marine could extend its fleet expansion beyond the eight ships it is already targeting.
  • China Cosco mulls sale
    China Cosco Holdings is in talks to offload its logistics wing to its parent company as part of a bid to nurse itself back to financial health this year.
  • Cargill takes Diana cape
    Diana Shipping has taken a pay cut on a second capesize in as many weeks.
  • Havila pair taken
    Havila Shipping has signed two period contracts with Statoil which will reduce its spot market exposure.
  • Aussie bulker boost?
    Indian conglomerate GVK and Australian railfreight group Aurizon are planning to develop an AUS 6bn ($6.13bn) rail and port project which could export 60m tonnes of coal a year from central Queensland.
  • One missing after clash
    A crewman is missing in Singapore following a collision between a coastal cargoship and a ferry.
  • Sinotrans growth charted
    Sinotrans Shipping has been tipped to add new vessels to its dry-cargo fleet despite a disappointing second half of 2012.
  • Ugland sheds oldie
    Norway's JJ Ugland has offloaded one of its oldest barges.
  • Venezuela to boost flow?
    The death of Venezuelan president Hugo Chavez could provide a boost to crude production if the country decides to plot a new political course, according to analysts at Poten and Partners.
  • Price drop key for capes
    Iron ore prices need to come down by up to one fifth to spark capesize chartering activity, a leading analyst says.
  • KDM earnings edge down
    Ukrainian cargoship owner KDM Shipping has posted a drop in 2012 earnings as revenue fell.
  • Cruiseship patched up
    A Greek-operated cruiseship has suffered a gash in a ballast tank after hitting an unmarked shoal off Norway.
  • GE sheds bulker
    Great Eastern Shipping of India is tipped to have offloaded its oldest bulker which has been on the sales block for the past few months.
  • Boskalis in APAC double
    Royal Boskalis Westminster has bagged a pair of dredging contracts in Australia and Vietnam worth around EUR 70m ($91m).
  • Pratibha licences revoked
    India has cancelled the operating licences of troubled Pratibha Shipping's nine vessels.
  • Superfast VI sold
    Greece's Attica Holdings is banking EUR 54m ($70.21m) from the sale of a 2001-built fast ferry, but will still book a loss.
  • Who is selling their VLs?
    Rumours are rife in the tanker market of a pending VLCC fleet sale.
  • Nakilat profit trimmed
    Qatar Gas Transport Company (Nakilat) has seen a dip in full year earnings.
  • Hanjin trims again
    Depressed containership markets have led Hanjin Shipping and its alliance partners to trim back their Asia-Europe offering once again.
  • Jiangnan falls to loss
    CSSC's Jiangnan Heavy Industry has slipped to a loss for 2012 as revenue fell.
  • Afai clinches ferries
    China's Afai Southern Shipyard has won a deal to build seven ferries for Brazil.
  • Hanjin bags boxships
    Hanjin Heavy's Philippines yard has won more containership orders from Europe.
  • Vopak terminal backed
    Vopak has received a letter of intent from the Port of Long Beach for a new crude importing terminal at the US west coast facility.
  • SITC beats sector woes
    SITC Shipping looks to have escaped 2012 largely unscathed after its results were largely unchanged on a year ago.
  • Otto seals AHTS pair
    Singapore's Otto Marine has broken a two-year order drought after it won a contract to build two anchor handlers.
  • Leopard gets loan
    Leopard Tankers, the Vitol and Grindrod tanker joint venture, has secured a $109.3m loan facility from Standard Chartered Bank.
  • Somalis release two
    Two tankers held for almost a year off the coast of Somalia have been released by pirates over the weekend.

American Shipperweb site
MARCH 11, 2013
  • APL discontinues 53-foot boxes in transpacific
    "We'll keep watching it, but at this time it's just not a viable option," said Gene Seroka, CEO of APL Americas. He explained it was difficult to find exports to match inbound cargo arriving in the containers.
  • With focus on Latin America, AA Cargo moves forward
    "We're a big part of Latin America, both in people, and in business, and in what makes up American Airlines," President Kenji Hashimoto told American Shipper. "We've been there a long time... and we still see continued upside."
  • Japanese forwarders fined $18.9 million
    "K" Line Logistics and Yusen Logistics have pleaded guilty to price-fixing, with "K" Line Logistics paying a fine of $3.5 million and Yusen $15.42 million, according to the U.S. Justice Department's Antitrust Division.
  • XRS names Reidy COO
  • EU rep pushes U.S. free trade agreement
    Irish Minister Richard Bruton is in Washington today to meet with senior Obama administration officials to generate momentum for a free trade agreement between the European Union and the United States.
  • Ann Taylor unveils international shipping
  • Maersk Triple E to call terminal in Gdansk
  • Zim to double-call New York to improve Med transit times
  • Drewry expects more sailing cancellations to come
  • Jaxport conference to explore emerging markets
  • Old Dominion moves in Cincinnati
  • IAG Cargo adds capacity from Hyderabad
  • DB Schenker opens new facility in Poland
  • De minimus bill posted in House

The Bunker Bulletinweb site
MARCH 11, 2013
  • Tight avails with small movements in Fujairah
    Avails improve in Suez.
  • Prices soften across Europe
    Rotterdam suppliers hold back product despite falling crude values, say sources.
  • Low sulphur rules will hurt shipping industry
    Consultants point to economic dark side of incoming rules on ships' emissions.
  • Saudi Aramco to lease storage capacity in Fujairah
    UAE energy hub still receiving requests for new tank farms.
  • MGO main focus as suppliers prepare for 2015
    Swedish suppliers are watching LNG development with interest; Stena Group also planning for methanol infrastructure.
  • Running fishing vessels on biodiesel would curb GHG emissions
    Asian Development Bank forum concludes that biodiesel can make contribution.
  • Ships to sail at 'even slower speeds'
    Capacity in the container shipping sector is set to grow by 11% this year.
  • Asian bunker prices mostly trending down
    Traders in Singapore and Tokyo reported low to average demand.
  • Vessel fuel spill averted in Mississippi River
    Towing vessel Justice was carrying 5,336 gallons of diesel fuel and 100 gallons of lube oil when it sank.
  • Island Oil hires two new bunker traders
    Traders joined the company in Island Oil Limited (Cyprus) and Island Oil (Hellas) Ltd (Greece).
  • EMSA publishes recommendations for LNG bunkering
    Gaps in current framework start with the lack of an EU standard definition for the bunkering process, says report.
  • Singapore ship chandlers and bunkering trade fall on weak BDI
    Strong Singapore dollar hurts foreign wholesale trade for ship chandlers and bunkering sector.
  • Port of Duqm to start bonded bunkering operations
    Port is currently in 'final negotiations' with players, says Commercial Director.

›››File
FROM THE HOME PAGE
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
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