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13 September 2026 - Year XXX
Independent journal on economy and transport policy
17:39 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
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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