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24 April 2025 - Year XXIX
Independent journal on economy and transport policy
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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
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
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 "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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