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