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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
March 22, 2013
Sched Netweb site
  • DP World posts record gain, 2012 net profit up 10pc, sales rise 5pc
  • Shenzhen Yantian Port Holdings net profit down 3.8pc to US$66 million
  • Throughput of Israel's Zim at Da Chan Bay hits one million TEU mark
  • China's February textile, garment exports soar 69.7pc to US$16.48 billion
  • Evergreen, Cosco up capacity 8,000-9,000 TEU on east coast SA
  • Hanjin Shipping upgrades on FE-USWC PSX service to 10,000-TEU class
  • 35 nations depend on China for exports - up from 4 in 2011: Bloomberg
  • Carrier discipline ebbs as capacity is added and GRIs fail to stick
  • Qinzhou box volume in first two months rises 12.9pc to 75,000 TEU
  • Guangzhou-Jiangmen rail routes on Shenzhen-Maoming Railway get nod
  • Hebei ports volumes increase 22.8pc to 142,000 TEU in first two months
  • Singapore's MCC Transport extends intra-Asia (IA2) loop to Indonesia
  • ART Logistics trucks coal mining equipment from Europe-Mongolia
  • Logwin sees growth in Australia's high-end fashion, lifestyle sector
  • Ruscon adds 20 trucks to deliver parts to Hyundai in St Petersburg
  • Cargolux now offers flights from HK to Azerbaijan, Dallas, Luxembourg
  • Cargo Facts Asia symposium in HK to discuss regional aviation market
  • Dimerco Malaysia delighted to receive TAPA Class-A FSR Certification

Exim Indiaweb site
MARCH 21, 2013
  • ISS warns of Asian gypsy moth regulations for North American ports
  • Kolkata Port to commence transloading from new location
  • L. Radhakrishnan acknowledged as WPTS Personality of the Year in Abu Dhabi
  • MoS in favour of marine highway between Chennai & Ennore ports
  • S. Korean company shows interest in Cochin Port project
  • VCT conducts fire-rescue-evacuation mock drill
  • Tata Projects commences work on eastern rail freight corridor
  • INR turns strong on fresh dollar selling
  • Interest subvention extended to new sectors
  • NTPC to float 14,000-cr. tender for Jharkhand project
  • SIDBI signs MoU with Egypt for SME sector development
  • Entries open for ICE Awards 2013 on April 1

International Transport Journalweb site
MARCH 21, 2013
  • Lufthansa Cargo flies into the profit zone again
  • ATSG airline subsidiaries complete merger
  • DP World reports profit growth to USD 749 million
  • UPS becomes first global express delivery company to be...
  • Agility completes first delivery to Caspian Pipeline...
  • Go-Trans: all locations have A licence for China
  • CKYH Alliance to restructure Asia-US east coast loops
  • OOCL names second mega vessel in South Korea
  • Increasing number of transport services to Hamburg and...
  • Strong performance in general cargo sector

Marine Logweb site
MARCH 21, 2013
  • Trans Marine Propulsion Systems now U.S. agent for ABC
  • GAO reports on impacts of Jones Act on Puerto Rico trade
  • Coast Guard warns on fake fire extinguishers
  • Strategic to build patrol vessel for Ashmore Island
  • Bouchard exercises ATB option at VT Halter

World Wide Shipperweb site
MARCH 21, 2013
  • Nichols Brothers launches new tug for Harley Marine
  • New GAO study supports Jones Act service to Puerto Rico
  • IMO will aid in implemenation of anti-piracy plans for Africa
  • NAFTA partner trade climbs during 2012
  • Pollution reducing system set for test onboard container ship

Lloyd's Listweb site
MARCH 21, 2013
  • Talking helps
    IG urges P&I clubs to launch outreach programme to tackle major casualties
  • A good vintage
    Scrapping LNG tonnage is not as simple as many observers might think
  • Oversupply on long-haul box trades could hit SITC
    Is SITC prepared to withstand a tonnage cascade into Asia's intra-regional trades?
  • Shell's 105 steps to greater efficiency
    Energy major gets down to forensic detail to improve LNG shipping operations
  • Ultra-large boxship deliveries slow down
    Just three 10,000 teu-plus boxships delivered in January and February, according to Braemar
  • Zim eyes 13,000 teu newbuildings after order cancellation
    Carrier in talks with banks on new five-year plan following 2012 loss of $433m
  • Over-ordering would stifle benefits of VLCC conversions
    VLCC owners must avoid pack mentality to let offshore sector mop up excess orders
  • Stena Line chairman takes the helm at UK Chamber of Shipping
    The industry cannot afford to be silent, says MacLeod
  • Greek ferry fleet faces drastic cut
    Too few takers for secondhand tonnage keep companies under pressure
  • CMA 2013: Ship finance still available, say lenders
    CMA delegates told there is cash available for 'good projects at good prices'
  • Gazprom forges ahead with new LNG export project
    Threatened gas giant seeks new strategies
  • New trade route primed for product tankers
    Canada plans refinery near port of Kitimat
  • Sandy wipes out 2012 US marine premiums
    Marine insurance statistics show 'concerning' loss levels
  • A convenient truth
    A solution to retrofit financing remains elusive
  • Goldenport agrees debt deal with lenders
    Loss-making Greek shipowner wins two-year cushion
  • P&I outreach programme to tackle rising salvage costs
    Local authority interference pushes up costs
  • Cosco International seeks expansion despite falling profit
    Shipping services arm of Cosco has large cash reserves to spare
  • Carriers plan second round of Asia-Europe box rate rises
    Coscon follows Hapag-Lloyd to announce an increase of $475 per teu from April 15
  • South Korea lenders give $720m to Nigeria LNG to finance six carriers
    Financing is part of $1.1bn in loans to support building at Samsung and HHI
  • CMA CGM Florida sails to Shanghai after collision
    Authorities scramble to clean up spillage after vessel sustains minor damage
  • CMA 2013: Shipping must learn to live with overcapacity
    When it comes to excess supply, the industry is no different to any other, says Lunde
  • CMA 2013: GL eco study finds 4,500 teu boxships deliver biggest savings
    But cost per container mile is still cheaper on ultra large tonnage

Fairplayweb site
MARCH 21, 2013
  • BG to supply LNG to Gujarat
    BG HAS formalised a long-term contract to supply up to 2.5M tonnes per year of LNG to India's Gujarat State Petroleum Corp, IHS World Markets Energy reported today
  • UK budget shifts seen as 'good news' for shipping
    BRITAIN'S budget delivered "good news for shipping on the capital gains front", accounting firm Moore Stephens said today
  • MyFerryLink costs Eurotunnel €13M
    CHANNEL tunnel operator Eurotunnel said today it tripled net profits to €34M ($43.88M) last year, but lost €13M on MyFerryLink operations
  • €24,000 SECA bill warned
    THE COST of taking an 800teu box ship from Rotterdam to Kristiansand and Oslo in southern Norway will increase by about €24,000 ($31,000) in 2015, a shipping lobbyist has calculated
  • Port agents rap Berlin policy
    GERMAN liner and port agents have lashed out at Berlin's transport department's delays in key maritime infrastructure projects
  • China's soybean imports to raise Panamaxes
    PANAMAX rates could be pushed up by a rise in China's soybean imports, the International Dry Bulk Summit 2013 has heard
  • China's iron ore stockpile hits 4-year low
    CHINESE iron ore stocks have sunk to a four-year low, with 65.2M tonnes of the steel ingredient stockpiled in Chinese ports
  • Mariner killed off Queensland
    A CREW member has been killed by an explosion on the Liberian-registered bulker Nireas while it was anchored off Gladstone, Queensland
  • Refineries schedule lifts VLCC rates
    VLCC rates are at their highest in a month, as charterers book ships to meet the end of refinery turnarounds in April
  • ECA bends bunker buying
    DIVERSIFYING a bunker purchase strategy to counter potential problems in supplying low-sulphur fuel will help owners manage risk, a fuel buyer has recommended
  • Schenker closing FF gap
    THE WORLD'S third-largest freight forwarder DB Schenker Logistics today issued FY12 results showing it is catching up with market leaders
  • DNB reassures on drybulk
    BULKER newbuilding orders have picked up in recent weeks, despite global oversupply of such ships, but DNB Bank said today there is no cause for concern just yet
  • Capital subscribes to RMT's rights units
    RICKMERS Maritime Trust said today its substantial unit holder Capital Group would subscribe to its rights issue of up to 424M new units
  • Zim's losses deepen
    ISRAEL'S Zim Integrated Shipping Services today reported losses of $239M for 4Q12
  • Mermaid eyes rights issue
    MERMAID Maritime today proposed a non-renounceable, non-underwritten rights issue of new ordinary shares worth $140.9M

The Journal of Commerceweb site
MARCH 21, 2013
  • DP World Cochin Terminal Offers Deeper Draft
    India's Port of Cochin said it has increased the maximum draft of vessels calling at the Vallarpadam International Container Transshipment Terminal to 14 meters (about 46 feet) following harbor and channel dredging. The Vallarpadam terminal is a public-private partnership between DP World and Cochin Port Trust. "Turnaround of vessels of more than...
  • APL to Hike Rates From India to US, Canada
    Singapore-based ocean carrier APL plans to increase rates on all containers moving from India to Canada and the U.S., excluding Puerto Rico and the Virgin Islands, starting April 1. The planned hike on dry cargo will be $320 per 20-foot container and $400 per 40-foot container. Rates on refrigerated shipments will...
  • Transplace Mexico Achieves C-TPAT Certification
    DALLAS - Transplace, a leading provider of transportation management services and logistics technology, today announced that Transplace Mexico has received Custom-Trade Partnership Against Terrorism (C-TPAT) certification for supply chain security. C-TPAT is a voluntary program established by the U.S. Customs and Border Protection (CBP) to build cooperative relationships that strengthen...
  • Yokohama Container Trade Drops 2.6 Percent
    The port of Yokohama saw its container trade with foreign countries decline 2.6 percent in 2012 from a year earlier to 2,731,231 twenty-foot-equivalent units, according to preliminary figures released by the Yokohama municipal government. In 2012, Yokohama, Japan's second-largest container port after Tokyo, exported 1,465,718 TEUs of containers, down 2.1 percent...
  • Waterways Council Presents 12th Annual Leadership Service Award to Sen. Dick Durbin
    U.S. Senator Dick Durbin (D-IL) (center) was presented Waterways Council, Inc.'s (WCI) 12th Annual Leadership Service Award for his strong and continued leadership on ports and inland waterways issues, most recently serving as a critical champion to help keep the Mississippi River open to shipping during the drought-inflicted low-water crisis...
  • Lessons Learned From Hurricane Sandy
    ANNAPOLIS, Md. - In October of 2012, the American Logistics Aid Network (ALAN) responded to the greatest domestic emergency since Hurricane Katrina: Superstorm Sandy. Bringing massive destruction to the Northeast, the storm impacted more than 100 million people and is expected to be among the 10 most expensive hurricanes in...
  • 170 Member Milestone Marks PCN's Growing Success
    Project Cargo Network (PCN) has announced that more than 170 heavy lift and project cargo specialists have now joined the global network. The milestone marks another step in PCN's evolution from a modest grouping of SME companies in August 2010 to one of the leading organisations in today's project cargo industry...
  • Erie's Logistics Plus Brings Sunshine to Southern California
    ERIE, Penn. - Erie may not be known for delivering sun this time of year, but Erie's own Logistics Plus is delivering solar power in a big way. The Mount Signal Solar Farm is the largest solar installation in the world, and Logistics Plus is providing the transportation for the...
  • CyberLogitec OPUS Stowage, Won Overseas Contracts
    SEOUL, South Korea - CyberLogitec, a maritime logistics IT company, announced that CyberLogitec (www.cyberlogitec.com) signed a contract with Sinotrans Container Lines of China and Interasia of Japan. In spite of downturn in the shipping industry, OPUS Stowage, stowage planning solution of CyberLogitec continues to win contracts with shipping companies from...
  • Three Appointed to Maritime New Zealand Authority Board
    Maxine Moana-TuwhangaiBelinda VernonRussell WatsonThree new board members have been appointed to the Maritime New Zealand Authority, including Maxine Moana-Tuwhangai, Belinda Vernon and Russell Watson. The new members are replacing Michael Ludbrook and Dave Morgan, whose terms ended in February, and Ken Gilligan, whose term ends on April 31. Moana-Tuwhangai has experience in...
  • OOCL Unveils 13,208-TEU Vessel
    (L-R) C. C. Tung, chairman of Orient Overseas (International) Limited; Mrs. Sachiko Sano, sponsor of OOCL Berlin and director of Yamasa; Makiko Sano, guest of honor and executive director of Yamasa; and Captain Lee Kin Hung of the OOCL Berlin.At a naming ceremony at the Samsung Heavy Industries shipyard on...
  • Shipowners: Overcapacity to Be Absorbed by Late 2014
    NEW YORK - Despite a "bad" 2012, ocean container lines managed to get freight rates up enough to generate positive cash flows that are bringing them close to break-even. But even when they do start earning a profit again, they are unlikely to order many new ships. That was the...
  • CenterPoint Building Ace Hardware Facility in Texas
    CenterPoint Properties has started construction on a new Ace Hardware build-to-suit for lease, located in Wilmer, Texas. The 450,000-square-foot facility will be situated on 31.3 acres within the 59.9-acre Sunridge Business Park. It is scheduled to be completed in February 2014 and is the second development that the industrial real estate...
  • Performance Team Names Townsend as CIO
    Performance Team has hired Jim Townsend as its chief information officer. He will be responsible for building on the third-party logistics provider's current organizational strength while leading the information technology strategy for the company. Townsend is a veteran in IT and information systems strategy, change management, process improvement, project management, technological innovation...
  • Japanese Exports to US Rose 5.7 Percent in February
    Japan's exports to the United States rose for the second straight month in February on a year-on-year basis, increasing 5.7 percent to $10.60 billion, according to preliminary figures released by the Finance Ministry on Thursday. The February growth in U.S.-bound shipments was led by organic compounds, auto parts and motors, which...
  • US Intermodal Volumes Rise for 10 Straight Weeks
    U.S. intermodal rail volumes have risen for the 10th straight week over the same period in 2012, and Mexico saw its first year-over-year drop in intermodal volume since the week of January 5, according to the Association of American Railroads. In the week ending March 16, combined North American carload volume,...
  • Jaxport, Hanjin Shipping Call Off Terminal Development
    Following the announcement that the CKYH Alliance will call weekly at the Port of Jacksonville, Fla., beginning in mid-April, Jacksonville Port Authority and Hanjin Shipping (a member of the Alliance) have decided to suspend their terminal development contract to focus on growing volume on the new service. "After a diligent, coordinated...
  • WCI: Steep Drop in Trans-Atlantic Eastbound Rates
    Trans-Atlantic eastbound rates dropped sharply for a third week while westbound rates remained the same again in the week of March 21, according to the latest release of the World Container Index. World Container Index Rates Between New York and RotterdamSource: World Container Index For a larger version of the chart, click...
  • Monroe Logistics Center in Ohio Gets Ball as Tenant
    Building B at the Monroe Logistics Center.Ball Metal Beverage Container has signed an industrial lease for a 163,000-square-foot space in the Monroe Logistics Center in Ohio with landlord Industrial Developments International. The landlord was represented by Si Pitstick and Josh Young of Cincinnati Commercial, a Cushman & Wakefield Alliance firm, and...
  • Index Reflects Worsening Conditions for Shippers
    FTR Associates' Shippers Conditions Index for January fell an additional two points from December 2012 to a reading of negative 7.1, reflecting deteriorating conditions for shippers in early 2013. The SCI is forecast to continue a downward trend as the year progresses, reaching negative double-digit levels by the end of the...

Containerisation Internationalweb site
MARCH 21, 2013
  • Container weighing proposals suffer Dutch setback
    THE Dutch Government has reversed its support for the mandatory weighing of containers in another setback for proposals set for discussion at the International ...
  • Shipping must learn to live with overcapacity
    THE shipping industry may have to learn to live with oversupply, according to the head of one of the biggest maritime banks. Asked whether the industry would recover ...
  • Dachser eyes five billion turnover
    Despite revenue growth slowing to 3.7%, Dachser has set initial a new target for 2013 following the acquisitions of Spanish logistics providers Azkar and Transunion ...
  • New round of Asia to Europe rate increases
    Carriers are preparing for a second round of rate increases on the westbound Asia-Europe trade following the 'surprising' jump in prices they achieved last week.Today, ...
  • GL eco study finds 4,500 teu boxships deliver biggest savings
    CONTAINER lines and owners may be ordering more larger than smaller vessels, but Germanischer Lloyd's research into the fuel and cost savings of fully optimised ...
  • Zim racks-up $433m loss after ship cancellations
    Israeli ocean carrier Zim posted an accounting loss of $433m for 2012 after taking a $133m hit on the cancellation of five 12,600 teu ships ordered from Samsung ...

TradeWindsweb site
MARCH 21, 2013
  • ECAs adding to box woes?
    Euroseas boss Aristides Pittas has claimed that export credit agencies' preference for newbuildings is exacerbating supply problems in the containership sector.
  • Zim's new opportunity
    Culling a series of boxships at Samsung Heavy Industries has opened the door for Zim to order cheaper and more efficient newbuildings, its CEO says.
  • German owners in clear
    German politicians have killed off a potentially disastrous plan to impose a back-dated tax on shipping pools.
  • SCF foiled in appeal
    A UK court has turned down a bid by Sovcomflot to have bribery claims against ex-chief Dmitry Skarga and shipowner Yuri Nikitin recast under English law.
  • Headache cured
    Uncertainty surrounding the direction of both the containership and dry-cargo markets over the next two years led Goldenport Holdings to thrash out a loan holiday with its lender, its CEO says.
  • Evergreen chief fined
    Evergreen president Wang Chung-jinn has been penalised after one of the owner's ships entered China without a permit.
  • Farstad ties up ten
    Farstad Shipping has wrapped up a batch of charter contracts worth $38.5m.
  • Swedish Club in profit
    A surplus of $9.1m was rung up by the Swedish Club through 2012 following a loss of almost equal magnitude the previous year.
  • Norden powers up
    Norden has revealed a new multi-year contract with Enviva to transport biomass across the Atlantic.
  • Car speeds off ferry
    A passenger has died after their speeding car broke through a gate on a Canadian ferry and ended up in the sea.
  • ST doubles barge tally
    ST Engineering has been given the green light to build a second articulated tug barge by a US customer.
  • Cops gatecrash CMA
    The Connecticut Maritime Association's (CMA's) Shipping 2013 conference at the Stamford Hilton took an unusual turn early Thursday morning after police responded to reports of a disturbance in the hotel's cocktail lounge.
  • Vafias fights detention
    Harry Vafias has revealed plans to fight a detention notice against one of its vessels in the UK.
  • JES lines up quartet
    Singapore-listed JES International Holdings has won a deal for new accommodation ships worth up to $588m.
  • Jasa books AHTS trio
    Malaysian offshore shipowner Jasa Merin is splashing out on three new anchor handling tug supply vessels at a compatriot shipyard.
  • Capital backs Rickmers
    US investor Capital Group has pledged to buy into Rickmers Maritime Trust's (RMT) equity sale to maintain its holding.
  • No-steaming
    Has Norden hit upon a cunning new way of saving fuel and money in these straitened times?
  • Fisherman's firsts
    Icelandic businessman Steingrimur Erlingsson has turned to Havyard to order what is the island's first platform supply vessel.
  • Strategic wins newbuild
    Australian yard Strategic Marine is to build a patrol vessel for operation by Gardline Australia.
  • China no threat
    Korean and Singaporean rigbuilders should not be overly concerned by the threat posed by Chinese yards despite recent breakthroughs, an analyst has said.
  • No new order boom
    DNB Markets has moved to calm growing fears among investors surrounding a surge in dry-cargo newbuilding activity at the start of 2013.
  • Zim sub-zero
    Zim remained rooted in the red in 2012 as a poor market and the cancellation of five giant newbuildings stained its balance sheet.
  • Two more for Ultrabulk
    Denmark's Ultrabulk Shipping has added to its Japanese orderbook with orders for two new supramax bulkers.
  • Dung backs yards
    Vietnamese prime minister Nguyen Tan Dung has vowed to support the country's shipyards "at any cost."
  • Detained ship for sale
    A Maldivian ship detained in India since last July is to be sold off.
  • Goldenport buys boxship
    Goldenport Holdings has confirmed that it is the buyer of a fifteen-year-old feeder containership for $6m.
  • Kazakhs want ships
    Kazakhstan is planning to buy bulkers and ferries to expand its fleet.
  • CNCo orders at Ouhua
    China Navigation Company (CNCo) has returned to China for a second series of multipurpose vessel newbuildings.
  • BG in India gas deal
    BG Group is to provide LNG to India under a twenty-year deal starting in 2015, the gas giant has confirmed.
  • OOCL Belgium damaged
    An OOCL containership has sustained damage to its propeller and will dry-dock in Germany to carry out repairs.
  • Noble buys miner stake
    Noble Group has acquired a minority stake in an Australian-listed company that has a major stake in an Indonesian coal mine.
  • NAT buys suezmax
    Nordic American Tankers has acquired a suezmax tanker newbuild for $55m in a deal that increases its fleet to twenty-one ships.

American Shipperweb site
MARCH 21, 2013
  • NEWSFLASH: Hanjin calls off Jaxport terminal, but port gains 6 carriers
    The Port of Jacksonville said Hanjin Shipping has decided not to go ahead with plans to build a new container terminal at Dames Point on the St. Johns River.
  • Puerto Rico's representative seeks to relax Jones Act for bulk ships
  • Zim results improve in 2012
    In an interview with American Shipper, Zim CEO Rafi Danieli said the creditors had gained trust in Zim due to its cost-cutting endeavors. He also said they looked favorably upon the decision to cancel the five-ship order.
  • Savannah Port project moves forward, waits for federal funding
    "We're in the first federal budget cycle since the project has been approved, and we're eagerly anticipating and waiting the release of the president's budget," Curtis Foltz, GPA's head, said during the Georgia Logistics Summit.
  • ALAN offers post-Superstorm Sandy analysis
  • CenterPoint builds Texas DC for ACE Hardware
  • FedEx to cut Asian capacity
    Due to lackluster numbers for its fiscal third quarter, magnified by air freight overcapacity and a modal shift away from air cargo, FedEx Express will lower capacity on its Asian routes starting April 1.
  • White House readies for European trade talks
    The economic relationship between the United States and European Union is already the world's largest, accounting for one third of total goods and services trade and nearly half of global economic output.
  • EU lawmakers wary of proposed flight rest rules
  • U.S., Brazil make progress to strengthen trade
  • COSCO sets rate hike for cargo moving from Asia to Europe
  • DHL develops in-the-container stacking offering
  • Ryder beats veteran employment goal
  • Miller leads UPS in Europe

The Bunker Bulletinweb site
MARCH 21, 2013
  • Prices display mixed picture in Fujairah
    Public holiday in South African ports keeps market quiet.
  • Market imbalance in Rotterdam
    While Hamburg saw 'few, good enquiries'.
  • Zim cuts losses and cancels newbuilds
    CEO says orders were placed at a time when ships were some 25% less fuel efficient.
  • Shipping costs up by 10% in 2015 ECA
    A Norwegian lobbyist has worked out the extra cost of a Rotterdam/Norway round trip.
  • Sekimizu: Cost burden of low sulphur fuel should be shared
    'If society wants clean air, it should help shipping to source the right type of fuel.'
  • MBM disscusions 'dormant'
    Market-based measures discussions 'not going anywhere in the near-term.'
  • 'Switch off' and save money
    Shipping company takes novel approach to fuel efficiency.
  • Singapore fuel oil stocks set to climb in April
    IE reports small week-on-week decline.
  • Research: 'Eco' panamax delivers best fuel efficiencies
    But is outclassed on savings by the biggest ships.
  • Asian bunker prices lack direction
    Supplies were either 'extremely tight' or sold out in Tokyo Bay.
  • Seven Vinashinlines ships go on sale
    Vessels currently either being held over bunker debts or docked dormant in overseas ports.
  • Tanker owners incurred $5.5 billion in losses since 2009
    INTERTANKO managing director said many of its members are 'in really dire straits'.
  • Details of pioneering dry scrubber system revealed
    Similar to technology used in shore-based power stations, says spokesman.
  • Cyprus banking crisis threatens bunker and shipping firms
    Players with deposits in Cyprus 'might have to scramble' for new ways of financing their working capital, warns Ocean Intelligence MD.
  • Polish yard lauches LNG-powered ferry
    The ro-pax ferry will be able to carry 550 passengers and 165 cars.
  • Hong Kong firm to restart bunker fuel sales
    Bunker contract sealed with China Shipbuilding Industrial Complete Equipment and Logistics.
  • MC Energy sets milestone in Japanese bunker industry
    Mitsubishi Corporation subsidiary becomes first bonded bunker supplier in country to own bunker tanker.
  • Bunker demand in South Korea expected to rise in April
    Increased supply could push prices down, say local traders.

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