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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
01:19 GMT+2
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BRIEFS
January 14, 2013
Sched Netweb site
  • Rate hikes return, Asia-Med US$1,356/TEU, Asia-Europe $1,418/TEU
  • US box imports expected to rise 2.3pc in January, but strike risk looms
  • Coscon and Sinotrans join hands in China-Japan shipping service
  • Views differ whether slow steaming benefits shippers or only carriers
  • Railway checkpoint of Alataw pass's trade volume hit 16.5 million tonnes
  • Xinjiang's trade with Kazakhstan slips 7pc in first 11 months of 2012
  • CMA CGM moves Moroccan fruit, veg via Agadir, Dunkirk, St Petersburg
  • Freight on Rail-commissioned research finds fault with larger trucks
  • California's Menlo opens 7th distribution centre in Singapore
  • Panama Canal approves construction start for bridge on Caribbean side
  • Chongqing West Logistics Park key projects to generate vast returns
  • Anhui province's 'logistics service supermarket' commences operation
  • GCS/Ruscon starts Ust-Luga-Nizhniy Novgorod block box train service
  • Federal Aviation Administration to run thorough check on Dreamliner
  • Zhengzhou airport's international cargo volume surges 288pc in 2012
  • Indonesia's Sky Aviation takes delivery of first Sukhoi Superjet 100
  • Iberia restructuring adds more A330s in readiness for carbon taxes

Exim Indiaweb site
JANUARY 11, 2013
  • ABG Shipyard plans 5,000 cr. investment in Gujarat
  • Arshiya International promoters make further payment to convert warrants
  • Asia-Europe container trade slump spanned 11 months in 2012
  • K Line to refocus on intra-Asia business
  • Kalmar to deliver three all-electric RTGs to CONCOR
  • MANSAs new Executive Committee meets DG Shipping
  • NYK Group cruise to support earthquake & tsunami reconstruction honoured as 2012 Cruise of the Year
  • Shashi Kiran Shetty acknowledged as Global Indian Maritime Personality
  • Weak cargo volumes undermined recent rate increases: Drewry
  • Cotton exports likely to dip
  • Pakistan to give India MFN status by month-end
  • Turkey lifts safeguard duty on Indian cotton yarn
  • Marc Van Peel remains Chairman of Antwerp Port Authority
  • PIL filed against KoPT
  • Container freight station planned near Attari
  • Exports continue to fall; Dec. shipment declines by 1.92 pc to $24.8 bn
  • Foreign shores hold greener pastures
  • Forex reserves drop by $1.58 bn to $294.99 bn
  • INR ends week firm on heavy dollar selling by exporters
  • Release of Exim Indias Vibrant Gujarat 2013 Special Issue
  • PD Ports welcomes worlds first purpose-built wind turbine installation vessel into Hartlepool
  • Project Forwarding Certificate in Shanghai targets rising stars
  • Rickmers-Linie expands global presence with new office in Singapore

International Transport Journalweb site
JANUARY 11, 2013
  • Russian Railways Logistics starts transporting Synthez-Kauchuk products
    Russian Railways Logistics (RRL) recently started to transport JSC Synthez-Kauchuk's finished goods for export. The first 30 containers have been shipped to India, Indonesia and So...
  • Port of Antwerp handles 183.8 million t of freight in 2012
    The port of Antwerp (Belgium) handled an estimated 183.8 million t of freight in 2012. This is a decrease of 1.8% compared with 2011, when 187.2 million t were lifted. The port's c...
  • Lynden International expands network in Canada
    Lynden International, a full-service freight forwarding and logistics company in North America, opened a new service centre in Edmonton, Alberta (Canada). The new location adds a s...
  • Daimler Truck sales up significantly in 2012
    Despite widely varying developments in its markets, Daimler Trucks was able to increase sales significantly last year. Unit sales through November 2012 for the division's six brand...
  • CN expected to generate operational efficiencies and improve service
    Canadian National Railway Company (CN) has completed the merger of the Elgin, Joliet and Eastern Railway Company (EJ&E) into its Wisconsin Central Ltd. subsidiary. The merger o...
  • Chemion Logistik pools management levels
    Chemion Logistik, a provider of logistics services for the chemical industry, implemented a new organisation structure that merged the second and third managerial levels, effective...
  • Kuehne + Nagel lands Agco contract
    The global service provider Kuehne + Nagel (K + N) has been awarded a contract by Agco to manage its aftermarket parts distribution centre (PDC) in Johannesburg (South Africa). Fro...
  • New head of corporate communications at Swisslog
    Reto Sidler will become head of Swisslog's corporate communications on 1 February. He is taking over from Christian Winiker, who is leaving the global provider of integrated solut...
  • Brussels Airlines to expand African flight offer
    Brussels Airlines, a Belgian member of the Lufthansa group, is to augment its African flight offer by boosting frequencies to several destinations this year. Dakar (Senegal) will b...
  • New aviation jet fuel in Doha
    Qatar Petroleum (QP), Qatar Airways and Shell celebrated the first commercial introduction of a new aviation jet fuel - the first to be approved globally in over two decades. The i...
  • Dreamliner fire hits Japanese battery maker's shares
    The news agency Reuters has reported that shares of Japan's GS Yuasa, which makes batteries for Boeing's 787 Dreamliner, fell sharply for a second day on 9 January after a fire abo...
  • 15 years of service for Hertzog & Partner
    Armin Haug, regional manager south in Stuttgart, is celebrating his fifteenth successful year at Elmar Hertzog und Partner Management Consultants GmbH this month (January). Hertzog...
  • Schenker Logistics building new logistics centre in Nuremberg's port
    The German service provider DB Schenker Logistics held a groundbreaking ceremony to mark the official start of construction work on a state-of-the-art logistics centre at the inlan...
  • GLS opens new branch office in Zaragoza
    The parcel service provider GLS has opened a new branch office in San Juan de Mozarrifar near Zaragoza (Spain). The centre includes a 2,000 sqm warehouse with 13 docking gates, amo...
  • Menlo Worldwide Logistics extends activities in Singapore
    Menlo Worldwide Logistics, the global logistics subsidiary of Con-way Inc, recently opened a new warehousing and retail distribution management centre on Sunview Way in Singapore. ...

Marine Logweb site
JANUARY 11, 2013
  • Tanker that struck Bay Bridge is cleared to sail
  • EU funding for LNG bunkering vessel project
  • ClassNK to expand its U.S. brown water market services
  • Tidewater takes over three PSV newbuild contracts
  • Deltamarin gets design contract for Stolt Nielsen newbuilds
  • BAE Norfolk gets $80.6 million mod to LHD 7 contract

World Wide Shipperweb site
JANUARY 11, 2013
  • Longtime Alexander Gow exec retires from president position
  • FAA to conduct review of Boeing 787 critical systems
  • US rail freight traffic comes in mixed for year
  • Tom Albro named president of Port of Seattle Commission
  • Oregon Air National Guard renews lease at Portland Airport

Lloyd's Listweb site
JANUARY 11, 2013
  • The hows and whys of impairment
    Values on paper need to reflect real world, accountants stress
  • Setting the parameters
    Impairment test is slightly different under the US Generally Accepted Accounting Principles
  • The next generation
    Recruiting talent means promoting the industry to young people
  • Unanswered questions
    It is time we stopped looking to apportion blame and started making changes to ensure a similar passengership casualty never happens again
  • Ultrabulk orders kamsarmax bulk carrier in Japan
    Commercial operator builds up its own fleet
  • IMO makes safety its priority
    Sekimizu pledges to reduce maritime casualties by half by 2015
  • Passengerships hit by reinsurance rates hike
    Sector bears the brunt with 125% increase from IG excess of loss contract renewal
  • Regulatory sustainability tops the shipping agenda
    IMO plans industry-wide consultation as ICS calls for pragmatism
  • Tight-lipped Carnival waits for the inquiry results
    UK chief executive eyes market reaction to the casualty
  • Asia-Europe box trade bounces back
    Shanghai-Rotterdam surges nearly 14% as lines stall ships to squeeze out supply
  • Cancelled OSG contracts taken up by new charterers
    More deals will appear this year, say brokers
  • A paler shade of green
    A fuel-efficient newbuilding does not an eco-ship make
  • Contship expects another 'complex' year ahead
    Volumes recover at Gioia Tauro hub but uncertainty persists
  • Cruise lines put their house in order
    The cruiseship industry has moved quickly to review safety
  • OSG sets stage for purge of charter and pool agreements
    Owners of rejected bareboat quintet fight back in court
  • Costa Concordia's master to be indicted this month
    Prosecutors ended their investigation in December
  • Singapore posts 5.9% rise in box throughput
    Port volume is edging up on Shanghai
  • Capesize commentary: Stormy weather
    Brokers see a better week following in wake of the Australian cyclone
  • Frontline raises $310m for newbuildings
    Fredriksen's expansion drive gathers steam
  • IG overhauls general excess of loss contract
    Move mitigates significant rate increases sought by reinsurers
  • Newbuilding consultants cash in on craze for eco designs
    Denmark's Erria eyes opportunities to advise owners
  • Flag state's preliminary findings signal need for change
    Full report will establish how far responsibility extends beyond the master
  • Italy's Costa Concordia investigation report still not released
    Lessons cannot be learned until vital information is released
  • Cruise industry should look to aviation, says Skagerrak
    Foundation accident investigator outlines areas that need attention
  • Costa Concordia: a salvage like no other
    Fall-out from the Costa Concordia casualty will 'rage on for years'
  • STX Pan Ocean resells orders at STX OSV to Tidewater
    Acquisition rumours mount as shipbuilder resells its only offshore orders
  • Costa Concordia drives premium hikes for shipowners
    As vessels get larger, the exposure risk grows too
  • Emergency shot
    Debtor in possession financing could see Korea Line pull through
  • Teekay Offshore Partners raises $235m in Norwegian bond issue
    Cash earmarked to pay off revolving debt
  • China Shipping and MOL close to $1.5bn deal for eight LNG ships
    Six vessels to be built at Hudong Zhonghua, while two options may be bound for a second yard

Fairplayweb site
JANUARY 11, 2013
  • ClassNK expands in US
    JAPANESE classification society ClassNK is expanding its services in the US to meet growing demand
  • Tripartite LNG deal struck
    JAPAN'S Chubu Electric Power said it has struck the first tripartite LNG sales purchase agreement in Asia, IHS World Markets Energy reported today
  • ABG plans another yard
    INDIA'S largest private builder, ABG Shipyard, said today it plans to build a new yard in the West Coast state of Gujarat
  • Malaysian oil terminal to be expanded
    MALAYSIA'S MISC and Vitol, the world's largest oil trader, plan nearly twice as much oil storage capacity at their terminal in Johor state, IHS World Markets Energy reported today
  • Unipec outstrips Shell as tanker charter leader
    UNIPEC has supplanted Shell as the world's top tanker charterer, according to Poten & Partners, the New York broker
  • COSCOL heavy-lift handling rises 106%
    COSCO Shipping's handling of heavy-lift cargo reached a record 146,200 tonnes in December, 106% more than in November
  • GAIL to need 6-7 gas carriers
    THE ENERGY group GAIL India will need at least half a dozen of gas carriers to serve a new LNG terminal, a shipping analyst predicted today
  • Boskalis raises €320M
    ROYAL Boskalis Westminster, the Dutch services group best known for dredging, said today it has raised €320M ($416M) in fresh equity
  • Rizhao terminal expansion OK'd
    CHINA'S Rizhao port has gained approval for its plan to expand its Lanshan oil terminal's capacity by 300,000 tonnes per year
  • Mariners missing in sinking
    TWO MARINERS are missing and nine more are awaiting rescue today off South Sulawesi, Indonesia, after their cement carrier Emeline sank in the Flores Sea during Cyclone Narelle
  • Nam Cheong targets $38M
    MALAYSIA'S largest OSV builder Nam Cheong said today it wants to raise about S$47M ($38M) in capital by selling up to 190M ordinary shares
  • Singapore fuel oil stocks near four-year low
    FUEL OIL and low-sulphur waxy residue stocks in Singapore have fallen nearly to a four-year low amid high demand for low-sulphur fuel oil in Japan
  • Malaysia palm inventory rises
    MALAYSIAN palm oil stocks rose 27.6% year on year in 2012, mainly because of higher production and lower shipments to China and Pakistan
  • Yangzijiang buys more Chongqing steel
    YANGZIJIANG Shipbuilding has signed a contract with Chongqing Iron & Steel to buy 400,000 tonnes of marine steel in 2013
  • STX OSV secures deal for three PSVs
    STX OSV said today it has landed a deal with a returning client for three PSVs being built at its Norway yard

The Journal of Commerceweb site
JANUARY 13, 2013
  • A Cliffhanger for US Trade
    Get ready for another year of modest growth for U.S. containerized imports. Surprised? You shouldn't be. A year ago, I predicted overall imports would grow 2.8 percent in 2012; through September, imports were up 3.3 percent, and I'm forecasting full-year 2012 growth in the 3.0 to 3.5 percent range. As expected,...
  • Annual Review & Outlook 2013: Association of Canadian Port Authorities
    Given the number of unknowns faced by the global economy, any predictions as to what lies ahead for 2013 are likely to be about as accurate as reading the entrails of crows. Uncertainty regarding the economic strength of the European Union, the depth of a Chinese slowdown and, as I...
  • Annual Review & Outlook 2013: APM Terminals Americas
    2013 will be a continued year of change. We will see even larger vessels call throughout North and Latin America as shipping lines cascade further tonnage into these markets. This will require some ports and terminals to invest further in infrastructure to be able to handle the bigger ships. This...
  • Annual Review & Outlook 2013: AMA Capital Partners / New York Maritime
    The "game changer" we have been championing for the industry for the past two years has been capital constraints. The tightness of bank lending combined with the challenges of raising equity, either private or public. Nothing has changed; indeed, one might argue that the situation worsened in 2012. Bankruptcies abound, and...
  • Annual Review & Outlook 2013: AlixPartners
    To use an oft-cited, but appropriate, metaphor, the global container shipping community continues to find itself in somewhat of a "perfect storm." Early 2012 optimism that rates had positive momentum has all but dissipated as the industry enters the crucial first quarter rate season for 2013. The macroeconomic outlook for...
  • Prospects for Growth Stronger Next Year
    The United States in 2013 may resume its role as the economic engine for the rest of the world, but to do so will require deep compromise from Republicans and Democrats to avoid the fiscal cliff that, left unchecked, could send the economy and trade over the edge. But with much...
  • For Ocean Shipping, It's a Tale of Two Europes
    When the annual round of contract negotiations between trans-Atlantic shippers and ocean carriers starts up later this winter, the tone may be more intense than in the past. Freight rates in the trade ended 2012 with a whimper, as carriers collected only a small portion of the series of general...
  • US-Latin Trade: En Fuego
    Latin America may have a long way to go if it's ever going to replace China as the largest exporter to the U.S., but the region is certainly making its presence felt in products as diverse as automobiles, electronics and apparel. Two-way trade between the U.S. and Latin America increased 82...
  • Asia's Growth Comes From Within
    That Wan Hai Lines attributed its third quarter profit turnaround to its decision to shift resources from the destitute Asia-Europe market to growing intra-Asia trades is testament to the strong fundamentals underpinning Asia's regional trade. Asia's regional container business, which includes more than 3,500 port pairs, has always been complex. For...
  • Carriers Keeping Eyes on Europe
    The Asia-Europe liner trades will dominate container shipping's strategic planning through 2013 as ocean carriers confront a nightmare mix of declining traffic, persistent overcapacity, high oil prices and the imminent arrival of the world's largest vessels. Many carriers returned to the black in 2012 from the bloodletting of 2011 largely because...
  • Slowing Economic Growth Clouds Breakbulk Outlook
    The global market for breakbulk and project cargo, long considered somewhat immune to the economic cycles, is facing some of the same headwinds affecting other cargo sectors in 2013. The transportation of project cargo to the sites of large mining, oil-exploration and industrial projects is usually contracted out years in advance,...
  • Three Common Global Trade Compliance Deficiencies that Affect Your Bottom Line
    Today, the benefits of sourcing from low cost countries and selling into new foreign markets are driving most companies to go global. However, many of these companies are still making do with sub-standard global processes and technologies borrowed from domestic organizations.Amber Road's latest eBook, Three Common Global Trade Compliance Deficiencies...

Containerisation Internationalweb site
JANUARY 11, 2013
  • Lines' profits could reach USD5bn in 2013
    Global container lines should end 2013 comfortably in profit after a collective return to the black last year, as long as they are able to keep ship supply under ...
  • GCS/Ruscon launches Russian block-train
    A new block-train service is being launched by GCS/Ruscon out of the new Ust-Luga Container Terminal (ULCT) over a distance of more than 1,100km to Nizhniy Novgorod, ...
  • Another 'complex' year for Contship
    The Cecilia Eckelmann-Battistello-led Contship Italia, a major player in the Italian port market, experienced a 'complex' year at its terminals in 2012 and is expecting ...
  • 14% spike in Asia north Europe spot rates
    Drewry's Shanghai to Rotterdam World Container Index jumped by 13.8% this week, to $2,727 per FEU after falling back by a similar number around the Christmas period. ...
  • Chinese exports smash forecasts
    Exports from China rocketed by 14.1% year-on-year in November beating analyst predications by a massive 10%. It added to the positive sentiment following the recent ...
  • Box traffic retreats at Dunkirk
    French North Sea port Dunkirk saw container traffic fall 5% last year to 260,000 teu although total volumes for all trades were near-static at 47.2m tonnes.France's ...

TradeWindsweb site
JANUARY 11, 2013
  • DFDS quells uncertainty
    Negotiations between DFDS of Denmark and insolvent German shipyard P+S Werften over a troubled newbuilding order haven't collapsed despite reports to the contrary.
  • Tsakos tied to raid
    The sale-and-purchase market is ripe with rumours that diversified Greek operator Tsakos Shipping & Trading has paid $90m to purchase a pair of panamax containerships.
  • Duo detained
    The US Coast Guard (USCG) has accused the crews of an Odfjell chemical carrier and bulker controlled by the Navios clan of discharging oily waste into the sea.
  • Principal behind buy?
    Principal Maritime of the US is rumoured to be the buyer of a suezmax resale from South Korean shipbuilder Samsung Heavy Industries.
  • Ultrabulk back in Japan
    Ultrabulk has returned to its favoured shipbuilding nation of Japan for a kamsarmax newbuilding.
  • Crew on strike
    Seafarers on a German cargoship have refused to work due to lack of pay.
  • Trafigura pulls the trigger
    Trafigura has acquired three medium-range (MR) products tankers from Overseas Maritime Carriers (OMC) of Switzerland.
  • Danske's double top
    Danske Bank has flagged AP Moller-Maersk and Hoegh LNG as its top picks for 2013.
  • Farstad racks them up
    Farstad has won charter contracts for six of its offshore support vessels with a variety of companies.
  • VL scrap trap
    VLCC scrapping could slow this year as owners look to catch the upturn with older vessels, ICAP says.
  • Indian bond boost
    Two Indian ports and a shipping company have won state approval to sell INR 35bn ($638.5m) of tax-free bonds.
  • GAIL still undecided
    India's state-run gas group may yet charter in the seven new LNG carriers it needs, rather than heading to shipyards for newbuildings.
  • Nigerian attacks retreat
    An escalation of pirate activity in the Niger Delta at the end of 2012 did not stop a reduction in incidents in Nigerian waters in the year as a whole.
  • TransLink angers yards
    Canadian shipbuilders have called for a domestic owner's ferry order in the Netherlands to be cancelled.
  • V.Ships to bang down door
    V.Ships is hoping its new deal with Costamare will finally open the door to the Greek market for the world's third largest third party shipmanager.
  • Nam Cheong in fundraiser
    Nam Cheong plans to carry out a new share offering to help fund its shipbuilding and vessel chartering businesses.
  • Waste boxes sent back
    A German containership must return two boxes allegedly containing toxic waste to the UK, Nigerian authorities said.
  • Premium deal for BW
    TradeWinds digests the digits making the headlines this week.
  • Iran, Iraq agree link
    Iran and Iraq will launch a new passenger shipping service between Abadan and Basra.
  • Frigstad orders at CIMC Raffles
    Cyprus-based Frigstad Deepwater has turned to CIMC Raffles two ultra deepwater semi-submersible drilling rigs with options for four four.
  • Karjalainen quits ESL
    ESL Shipping has drafted in a temporary boss after president Markus Karjalainen resigned.
  • Agnes goes aground
    A Vietnamese cargoship has been forced aground on an Indonesian beach in a storm.
  • Boskalis completes funding
    Royal Boskalis Westminster has successfully raised EUR 320m ($425m) from a share placement to help fund its takeover of heavylift outfit Dockwise.
  • Cape cash for Fredriksen
    John Fredriksen's Frontline 2012 has collected over $300m from investors to finance a slice of its ever-expending orderbook.
  • German duo buy TT-Line
    Two German investors have taken over Baltic ro-ro operator TT-Line.
  • Day of reckoning arrives
    Owners of bulk carriers are among those to be severely hit by huge increases in reinsurance costs to be passed on by the protection and indemnity clubs.
  • Cosco eyes second tie-up
    State-owned Cosco is teaming up with a second Chinese containership rival to weather the shipping downturn.
  • There once were four ugly ducklings...
    We take a look at what was said in the market over the past week.
  • Cement carrier sinks
    Two crew are missing and nine awaiting rescue on life rafts after a cargoship sank off Indonesia.
  • Singapore numbers up
    The Port of Singapore had a bumper year in 2012 despite it being a year that most shipowners will not look back upon with any degree of happiness.
  • NCL ups IPO ambitions
    Norwegian Cruise Line has set a new target of $400m its upcoming IPO.
  • Teekay Offshore gets cash
    Teekay Offshore Partners has successfully completed its Norwegian bond issue, raising NOK 1,300m ($235m) in total.
  • Tidewater takes STX trio
    US offshore giant Tidewater has taken over the contracts for three 87.9 metre platform supply vessels (PSV) that are under construction at STX OSV shipyards in Norway.

American Shipperweb site
JANUARY 11, 2013
  • Reports: G6 carriers will cooperate on U.S. East Coast services
    Sources have confirmed to American Shipper reports that the so-called "G6 Alliance" of liner carriers will extend its cooperation beyond the Asia-to-Europe trades to the Asia-to-East Coast of the United States.
  • Analysis: Trucking continues to take freight from skies
    A number of factors ranging from the impending U.S. hours of service requirements to a lack of drivers on the road will lead to a tightening of trucking capacity this year, taking more market share from air freight carriers.
  • Port Logistics acquires Pacific Distribution
  • PSA throughput grows 5.2% in 2012
  • U.S. $2,500 limit for informal entries takes effect
    CBP last month published notice of its intent to increase by $500 the limit for which merchandise may qualify for an informal entry, thereby eliminating the need for a surety bond, expediting customs clearance and reducing the MPF amount.
  • Donahue outlines U.S. Chamber's legislative priorities
  • SAP to migrate ERP to new database technology
    The global enterprise resource planning (ERP) giant on Thursday unveiled a new database option for its system that allows for the capture and analysis of transactional data on a real-time basis.
  • New Orleans not hindered by low water
  • Organizations start young professionals program
  • U.S. challenges Indonesia's ag products restrictions
  • Ex-Im Bank backs fire truck exports to Nigeria
  • CTA backs biofuel exemption for Maritimes
  • ITC starts 2 digital trade investigations

The Bunker Bulletinweb site
JANUARY 11, 2013
  • Weekly global market update
    A weekly price round up of bunkering hubs from around the world.
  • Bunker prices in the Americas end week on mixed note
    Demand and avails were good in Houston, according to a local supplier.
  • EU provides funding towards LNG bunkering research
    Project aimed at converting an existing vessel into a LNG bunkering ship so it may be used to refuel other ships.
  • North American ECA: Fuel availability and increasing costs main issues
    Immature technology not the primary concern, according to Sustainable Shipping poll.
  • LNG bunkering vessel design 'evolving'
    Vessel is designed for growing LNG bunkering market of the North European ECA with a special focus on the Baltic sea.
  • Prices close week soft in Fujairah
    Prices firm in Cape Town and Durban.
  • Bunker prices dip in northwest Europe
    Losses seen in Rotterdam and Hamburg.
  • High winds disrupt bunkering at Novorossiysk
    Impact likely to be felt until late Saturday.
  • OW Bunker buys two tankers
    Company already had ships on bareboat charter.
  • Arbitrage volumes could be weaker than predicted
    The volume of fuel oil arbitrage cargoes heading into Asia in February has been revised down.
  • Annual policy address could target ship-generated emissions
    Hong Kong could be about to announce mandatory restrictions on sulphur levels.
  • Bunker prices reverse upward trend at week's close
    In Singapore, benchmark 380 cSt bunker fuel dropped $3.50 to close at $636.00 pmt.
  • Frontline share placement to fund new buys
    $310 million raised from private placement of new shares.
  • New MD for Fratelli in Singapore
    Douglas Lee brings 'wealth of experience' to the role.
  • FAL Oil suspends debt restructuring talks with lenders
    Hoping its new business plan will allow it to secure a debt repayment agreement by the end of the month.
  • Bunker barge officially joins supplier's fleet
    MT Sahir will operate in the Mumbai port area.
  • Sentek displaces Brightoil as Singapore's second largest supplier
    Market share held by the top players may have declined.
  • Chimbusco builds new fuel oil facility in Tianjin
    Construction to be completed by April.
  • Goldman Sachs hires former Brightoil bunker CEO
    Quek Chin Thean will head its commodities trading team from Singapore.

›››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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