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04 October 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
February 25, 2013
Sched Netweb site
  • Maersk Group profit up 17pc to US$4 billion, boxes return to profitability
  • NOL posts US$419 million 2012 loss as revenue rises 3pc to $9.5 billion
  • OOCL's 13,208-TEUer damaged during Samsung Heavy Industries testing
  • ILWU dock clerks sign off on contract with LA-Long Beach employers
  • Asia-Med rates lead post Lunar New Year fall, off 8.7pc to US$1,148/TEU
  • NYK extends intra-Asia NYK restructures Japan-Thailand-India service
  • Stifel Nicolaus confidence index shows 50pc plus optimistic about 2013
  • Alianca takes delivery of 3,800-TEU newbuild for Brazilian service
  • Rizhao port experience overall cargo volume increase of 11.8pc in 2012
  • China's domestic dry bulk shipping capacity rises rapidly in 2012
  • Recession in Europe dampens road freight demand over holiday period
  • UK Club, Lloyds Register provide ILO rule compliance guide, checklist
  • Cathay Pacific Cargo Terminal commences initial commercial operations
  • AMI spearheads India expansion with Mumbai operation
  • Top air cargo hubs make modest gains in 2012, but 57pc post declines
  • UTair and Svyaz-Bank complete refinancing deal for Mi-8AMT helicopters

Exim Indiaweb site
FEBRUARY 22, 2013
  • DHL launches direct LCL services from India to Poland, Brazil
  • INSA-Customs & Central Excise points for Budget memorandum
  • NYK restructures Japan-Thailand-India service
  • Russia establishes regulatory authority for shorter northern sea route
  • SCI s Worldwide Agents Meet 2013 from today
  • Govt to impose anti-dumping duty on Chinese chemical
  • India may barter tea for Iranian crude
  • Pak agri lobby resisting MFN status to India
  • Kattupalli port holds promotional meet in Chennai
  • Ravi M. Parmar takes charge as Deputy Chairman of Mumbai Port Trust
  • Strike causes INR 100 cr. loss to Major Ports
  • VOC Port readies second container terminal
  • CII calls for speedy implementation of key projects, facilitating private investment through PPP
  • Railway PPP projects stuck on investor apathy
  • Road transporters body seeks minimum price for cargo
  • Forex reserves fall by $ 1 bn
  • India world s 19th largest exporter
  • INR sees biggest single-day gain in three weeks
  • Karan Adani s reception at Mundra

International Transport Journalweb site
FEBRUARY 22, 2013
  • Cargonet collaborating with MacAndrews
    The Norwegian rail service provider Cargonet and the MacAndrews shipping company have started to work more closely together. To this end, MacAndrews has extended its short sea serv...
  • Canada's truck drivers criticise lack of parking places
    The Canadian Trucking Alliance has reported that more than 60% of all truck drivers say they routinely have trouble finding park spots and places to rest while operating in Canada,...
  • Trucks do 26.6 billion km on German toll roads in 2012
    Heavy goods vehicles travelled around 26.6 billion km on toll roads in Germany in 2012. The distance was slightly less (-0.4%) than in 2011, even though the country's toll road net...
  • Aeroflot to resume B777 service
    Aeroflot wants to resume its Boeing B777-300ER operation today (22 February). The Russian airline suspended its services with this aircraft type after an engine shut-down incident ...
  • Matson Inc begins trading as MATX on NYSE
    The separation of Matson and Alexander & Baldwin Inc, first announced on 1 December 2011, has been completed. Matson Inc is now a stand-alone, publicly traded company that is r...
  • SNCF and Indian Railways establish alliance
    Representatives of the French national railway SNCF and Indian Railways have decided to set up a partnership. The agreement will initially last until 2020. SNCF will support its In...
  • Saudia Cargo sets all-time record in 2012
    Saudi Airlines Cargo achieved record annual results for 2012, posting total boarding figures of 516,000 t, thereby generating a 21% increase in revenue compared with 2011. The airl...
  • Camiel Eurlings named KLM president and CEO
    The KLM Royal Dutch Airlines' supervisory board has appointed Camiel Eurlings as president and CEO, with effect from 1 July. He will succeed Peter Hartman who has held this positio...
  • Etihad Cargo posts record January tonnage as demand grows
    Etihad Cargo, a division of the United Arab Emirates flag carrier Etihad Airways, posted a record uplift figure of 32,613 t of airfreight in January 2013, 27% more than in the same...
  • New executive vice-president at Geodis Wilson
    Kim Pedersen has been appointed executive vice-president of Geodis Wilson. He will head the global freight forwarding division of Geodis, from 1 March, and will also become a me...
  • Air Charter Service gets new group deputy managing director
    Air Charter Service has promoted Justin Bowman from commercial director to deputy managing director of the group, with immediate effect. Bowman will thus work more closely with ...
  • New managers for Panalpina Central Europe
    The Basel (Switzerland)-based global service provider Panalpina is filling managerial positions for the marketing, sales and ocean freight sectors in its Central Europe region (Ger...
  • TNT Express still in troubled waters despite slight increase in sales
    CEP service provider TNT Express, based in Hoofddorp (Netherlands), boosted its turnover to EUR 7.327 billion in financial 2012, a 1.1% increase compared to the EUR 7.246 billion r...
  • Geis opens new central hub in Slovakia
    The German logistics company Geis, headquartered in Bad Neustadt near Nuremberg, is strengthening its presence in Central Europe by its recent inauguration of a new central hub in ...

Marine Logweb site
FEBRUARY 22, 2013
  • Jensen Maritime designs Harley tugs and deck barge
  • Maersk Group turns in 2012 profit of $4 billion
  • NOL reports red ink year
  • Vroon names newbuild at Amsterdam repair yard

World Wide Shipperweb site
FEBRUARY 22, 2013
  • Jensen Maritime designs tugs, deck barge for Harley Marine
  • Ceremony to mark completion of Newport float replacement work
  • Neptune Orient Lines releases fourth quarter 2012 numbers
  • Port of Woodland nets grants for pair of development projects
  • US rail freight traffic rolls to mixed week

Lloyd's Listweb site
FEBRUARY 22, 2013
  • Battle of the giants
    The clock is ticking for Virginia ports complex
  • Maersk says 'no' to box shipping acquisitions
    Andersen welcomes consolidation by others but sees little scope for more mergers in market
  • Frontline's Jensen hopes for better times ahead
    But extremely low rates are taking their toll on the market, says tanker boss
  • An ill wind
    Higher prices will not pull container shipping back to decent levels of profit
  • A shipping soliloquy
    To foreclose or not to foreclose? That is the question
  • What price a reputation?
    The trials of Carnival Triumph tarnish the wider cruise industry
  • Bye-bye bankers?
    Industry specialists debate where ship finance will come from in future
  • Get used to expensive money, says Citibank director
    But banks will still lend on good deals, says Citibank's Chipalkatty
  • Eos launches West Africa private maritime security start-up
    Regional ban on non-naval armed guards sees teams load their weapons at sea
  • Slim margins as Maersk Line posts 2012 profit
    Focus on cost cutting as supply growth keeps freight rates under pressure
  • Frontline fourth quarter brings narrower loss
    Company boosts rates but continues to streamline its fleet
  • AP Moller-Maersk posts higher profit than forecast
    Maersk Line turnaround offsets a tough year for tankers
  • Capesize hopes turn to scrapping
    Humdrum market seeks boost from upturn in demolition
  • Yangzijiang maintains solid shipbuilding profit margin
    Contracts signed before the downturn stand the company in good stead
  • Dust settles after P&I renewal
    Some clubs pay for their robust approach as others take on new tonnage
  • Independent Shipping fleet under arrest
    UK charities feed Torrent crew unpaid since November
  • APMT posts 11.6% rise in profits
    Group's ports handled 35.4m teu last year
  • Nato consolidates maritime command in UK
    Closure of Naples base sees anti-terror operation move to Northwood
  • NOL ends 2012 in the red after fourth-quarter loss
    But Singapore owner reports gains based on savings to core earnings
  • Maersk Tankers loss deepens
    No market improvement likely for at least a couple of years
  • APMT develops 1.5m teu terminal near Izmir
    Deal with Petkim Petrokimya creates one of Turkey's largest box and general cargo ports

Fairplayweb site
FEBRUARY 22, 2013
  • APM exceeds its expectations
    APM SAID today profits for full-2012 were $4Bn, with a reversal by its box unit pushing the group ahead of the $3.7Bn it predicted in early November
  • STX Pan Ocean's record losses assessed
    STX PAN Ocean's full-year losses blew up to a record deficit of $418.3M for 2012, sparking sharp reactions today from an analyst about implications for the drybulk sector
  • NOL whittles down losses
    NOL SAID today it whittled down net losses for full-year 2012 to $419M, from $478M in 2011
  • Seoul imports 16% less crude from Iran
    AS IRAN upgrades its nuclear centrifuges, Korea National Oil figures indicated today that Seoul's imports of Iranian crude fell last month by 16.1% year on year
  • APM Terminals scheme confirmed in Turkey
    TURKEY'S Petkim today confirmed a deal under which APM Terminals would build and operate Aegean Gateway Terminal
  • Impairment charge whacks Eitzen's results
    EITZEN Chemical ended last year with net losses of $136.3M, after taking a $70.4M impairment charge in the fourth quarter
  • Cancellations hurt Yangzijiang profits
    CHINESE shipbuilder Yangzijiang said today net profits dropped 10% year on year in 2012, to 3.6Bn yuan ($576M)
  • China's NTS puts brakes on $312M scheme
    CHINA'S New Times Shipbuilding said today it has suspended a 2Bn yuan ($312M) offshore project
  • Taiwan Cement to buy ships for mainland work
    TAIWAN Cement plans to acquire six ships through its mainland subsidiary for inland river shipping in Guangdong and Guangxi
  • China's chemical cabotage capacity rises 17.9%
    CHINA'S capacity for coastal shipping of chemical products increased by 17.9% in 2012, according to the transport ministry
  • India's ports start strike recovery
    INDIA'S ports were today limping back to normalcy, clearing pile-ups from the country's two-day general strike
  • Sembcorp's profits drop
    SINGAPORE rig builder Sembcorp Marine said its 2012 profits fell 28% year on year to S$538M ($434.5M), mainly because of conservative margin recognitions on its first drill ship

The Journal of Commerceweb site
FEBRUARY 22, 2013
  • West Coast Ports Building - Overcapacity?
    After building the nation's largest terminals and dredging the deepest harbors, West Coast ports are facing a problem they are not used to - overcapacity. "We're well down the road to overcapacity," said Alan McCorkle, senior vice president in Los Angeles for APM Terminals. West Coast terminal operators are operating at...
  • NYK to Restructure Japan-Thailand-India Service
    NYK will restructure its Japan-Thailand-India service (HLS). After the restructure, the service will be delinked at Laem Chabang, Thailand, forming a Japan-Thailand shuttle service (LNS) and a Thailand-India shuttle service (new HLS). NYK will add a new direct call to the Port of Karachi, Pakistan, on its Thailand-India service. The shipping company will...
  • Port Metro Vancouver's Corridor Project Applauded
    Ed Fast, Canada's minister of international trade and minister for the Asia-Pacific Gateway; Robin Silvester, president and CEO of Port Metro Vancouver; and other terminal and railway partners have applauded the construction of the South Shore Corridor Project at Port Metro Vancouver. The project will separate road and rail traffic at...
  • Port of San Diego Advances Shore Power Plans
    The Port of San Diego is planning its next steps for shore power at Tenth Avenue Marine Terminal. At its monthly meeting, the board of port commissions approved a non-appealable coastal development permit to bring shore power to the marine terminal, located on San Diego's waterfront. The next step will take place...
  • Port of Tauranga's Container Traffic Jumps 25.5 Percent
    The Port of Tauranga in New Zealand reported container volume in the last six months of 2012 was 431,840 20-foot-equivalent units, jumping 25.5 percent year-over-year from 344,081 TEUs. Traffic at MetroPort, the Port of Tauranga's inland port in Auckland's industrial belt, played a pivotal role in the Port of Tauranga's container...
  • Maersk Adds India to Europe-Middle East Rotation
    Maersk Line has added Hazira, India, as a port call on its Europe-Middle East service rotation in order to enhance direct coverage of India to and from the east Mediterranean. The new westbound ME3 rotation is as follows: Pipavav, India; Hazira; Nhava Sheva, India; Jebel Ali, United Arab Emirates; Salalah, Oman;...
  • Cosco to Increase Rates in Central America Trade
    Cosco Container Lines will increase rates on all shipments from the Far East and Indian subcontinent to Panama, the Caribbean (Venezuela, Colombia and Costa Rica) and Mexico, starting March 15. From the Far East and Indian subcontinent to Panama and the Caribbean, the increase will be $700 per 20-foot container and...
  • LA to Begin Environmental Study of Yusen Terminals Project
    The Los Angeles Harbor Commission has approved a resolution initiating an environmental impact statement and report on a proposed berth and wharf improvement project by Yusen Terminals. The first step in Yusen Terminals' proposed plan is to deepen and improve its terminal facilities to accommodate next-generation vessels and increase cargo volume...
  • NRF Applauds OCU, Employers for Contract Ratification
    The National Retail Federation has applauded the new contract between the International Longshore and Warehouse Union Local 63 Office Clerical Unit and the Los Angeles/Long Beach Harbor Employees Association after the union's ratification of the accord. "This contract will bring much-needed stability to the supply chain, better position the ports for future...
  • Air France-KLM Cargo Loss Soars
    Air France-KLM's cargo operating losses more than tripled to 222 million euros ($293 million) in 2012 from 60 million euros a year earlier even as Europe's largest scheduled freight airline cut capacity in line with falling global traffic. The Franco-Dutch carrier's strategy started to pay dividends in the final quarter as...
  • APL's Rates Between India and the US, Canada to Rise
    APL will increase rates on all containers in its trade from India to Canada and the U.S., excluding Puerto Rico, effective March 15. The increase will be $320 per 20-foot container, $400 per 40-foot container, $450 per 40-foot high-cube container, $505 per 45-foot container, $575 per 48-foot container and $640 per...
  • Insurers See Shift in Piracy, Stable Truck Thefts
    Global insurance companies that provide cargo risk coverage are starting to see a growing number of claims for losses due to piracy at sea off West Africa. "Piracy is waning around Somalia but is increasing around Nigeria," said John Barnwell, global marine product leader for Allianz Global Corporate & Specialty in...
  • Post-Chinese New Year SCFI Rates Weaken
    The Shanghai Containerized Freight Index dropped after the Chinese New Year holiday break, according to the data issued the Shanghai Shipping Exchange. The rate decline of the two westbound trade lanes was in the triple figures. During the week ending Feb. 22, rates to northern Europe fell 7.8 percent or $102 per 20-foot...
  • Burgoyne Named President, CEO of Ceres Terminals
    W. Patrick Burgoyne, Ceres Terminals' new president and CEO.NYK Group Americas has named W. Patrick Burgoyne president and CEO of its subsidiary Ceres Terminals, effective April 1. Since 2010, Burgoyne has served as president and CEO of Yusen Terminals, NYK Group's other subsidiary. He will retain this role going forward and...
  • Star Asia International Opens North Carolina Office
    Steve Rand Jr., Star Asia International's recently appointed station manager at the new Charlotte, N.C., office.Star Asia International has opened a new office in Charlotte, N.C. The Atlanta-based logistics and transportation company's Charlotte office will be managed by Steve Rand Jr., who has more than 10 years of industry experience in...
  • Port Metro Vancouver Unveils Trucking Initiative
    Port Metro Vancouver in British Columbia has introduced its Smart Fleet trucking strategy, a three-year action plan to improve the efficiency and reliability of the container truck sector and reinforce the port's ongoing collaboration with supply chain partners. Smart Fleet's key initiatives include a forum for terminal operators and industry leaders...
  • International Shipholding Closes $25 Million Stock Sale
    International Shipholding has closed its sale of $25 million of its Series A cumulative redeemable perpetual preferred stock at $100 per share. Dividends will be payable on the Series A preferred shares at an initial rate of 9.50 percent per annum of the stated liquidation preference when, as and if declared...
  • Gulftainer's Trade Volume Rose 24 Percent in 2012
    Gulftainer, the United Arab Emirates-based port operator, recorded a 24 percent increase in volume for 2012 verses a year earlier. The port management and logistics company's Sharjah ports posted the greatest volume throughout for the year, with Khorfakkan Container Terminal showing a 28 percent year-over-year increase to more than 3.3 million 20-foot-equivalent...
  • US Carload and Intermodal Traffic Rises
    For the week ending Feb. 16, U.S. carload and intermodal volumes rose after declining the previous week, according to the Association of American Railroads. Carload volume grew 1.9 percent over the prior week to 278,596 trailers and containers. Although the volume is up 15.3 percent since the first week of 2013,...
  • 'Operation COBRA' Preys on Poachers
    Customs, police and wildlife officers from Asia, Africa and the U.S. have launched a cross-border enforcement operation, known as "COBRA," to crack down on wildlife crime syndicates. The month-long operation from Jan. 6 to Feb. 5 targeted species under serious threat, such as big cats, elephants, rhinos, pangolins and great apes. Operation...

Containerisation Internationalweb site
FEBRUARY 22, 2013
  • Rates under pressure as post-CNY cargoes disappoint
    Drewry's Shanghai - Rotterdam sector of its spot rate World Container Index tumbled another 3.3% this week and has now fallen by almost 14% since the end of January.Anecdotal ...
  • APMT posts 11.6% rise in profits
    APM Terminals saw profits of $723m in 2012, up 11.6% from $648m the year before, boosted by pre-tax divestment gains of $123m.Cashflow from operating activities ...
  • Hamburg Sud and Evergreen score highly for their customer service but MSC trails
  • APMT develops 1.5m teu terminal near Izmir
    APM Terminals has finalised an agreement to operate a Turkish container and general cargo terminal at the Aegean port of Petkim in Nemrut Bay, close to Izmir
  • NOL slides back to the red with $98m fourth quarter loss
    Neptune Orient Lines slipped back into the red in fourth quarter with a loss of $98m, and reported a loss of $419m for the year, due mainly to a first-quarter net ...
  • AP Moller-Maersk beats expectations
    AP Moller-Maersk has reported net profit of $4bn for 2012, slightly better than the $3.7bn previously forecast and well ahead of the $3.4bn reported profit in 2011.The ...

TradeWindsweb site
FEBRUARY 22, 2013
  • Frontline pullback charted
    Frontline could see its core fleet shrink to single figures by the time the tanker market recovers from its present slumber, Credit-Suisse says.
  • Maersk's gentle giants
    Maersk Line has pledged to protect the market balance in the oversupplied Asia Europe trade as it introduces the first of its giant triple-E ships in 2013.
  • Frontline's bond battle
    Warnings of a second restructuring for John Fredriksen's Frontline have met with a mixed reaction among analysts.
  • NOL turns red again
    Cost cuts of more than $500m could not stop substantial losses at Neptune Orient Lines in 2012.
  • Friends and foes
    We take a look at what was said in the market over the past week.
  • Tug captain "lost"
    A tug captain is missing as details emerged of the vessel's tow to a bulker being lost off Namibia.
  • Stealth's $120m hunt
    StealthGas has $120m at its fingertips to spend on both newbuildings and second-hand ships, its CEO says.
  • Missing cruiseship located
    A drifting Russian cruiseship that went off the radar after breaking its tow has reappeared west of Ireland.
  • VLCC mystery solved
    TradeWinds digests the digits making the headlines this week.
  • Reprieve for RG-1?
    Three potential buyers may yet save a veteran RG Line ferry from Danish breakers.
  • UDSC cuts loss
    State-run Ukrainian Danube Shipping Company (UDSC) has reduced its 2012 deficit despite revenue falling.
  • Boxship power restored
    A Japanese containership has docked in Alaska for repairs after temporarily losing power.
  • Master loses clash appeal
    A Ukrainian tug captain will serve 18 months in prison for his part in a fatal collision in Hong Kong in 2008.
  • Maersk finishes strongly
    AP Moller-Maersk finished 2012 on a high note but the Danish shipping titan is more reserved in its outlook for 2013.
  • Eitzen's $70m write-down
    Norway's Eitzen Chemical has taken a big hit to its bottom line after revaluing its fleet.
  • FRO losses reduced
    Frontline has reported a fourth quarter loss of $16.6m as it continues to battle against tonnage oversupply and weak rates.
  • Brodosplit aid hiked
    Croatia has won European Union (EU) approval to increase the amount of aid required to restructure the troubled Brodosplit shipyard.
  • Pirates wants $1.3m
    West African pirates holding six foreign anchor-handler crew have demanded $1.3m to release them.
  • World Fuel profits ease
    World Fuel Services, the marine and aviation bunker supplier, has seen fourth quarter profits drop by over 14% to $42.8m.
  • YZJ cans four more
    Yangzijiang Shipbuilding has suffered another round of newbuilding order cancellations the company confirmed Friday.
  • Teekay chops sextet
    Teekay Corp has confirmed that six tankers were sold by its various entities during the fourth quarter netting it $41.2m in the process.
  • Hercules bags jack-up
    Hercules Offshore has agreed to acquire a jack-up drilling rig for $55m and has already secured employment for it.
  • Global steel output mixed
    China and Germany have both reported healthy increases in steel output, but most other major producers reported big declines.
  • Red on the horizon?
    Equity analysts appear to be growing increasingly concerned about the future of Genco Shipping & Trading after racking up a $46m loss in the fourth quarter.

American Shipperweb site
FEBRUARY 22, 2013
  • Canada-Asia trade program moves forward
    "Canada's economy and future prosperity is our government's top priority. That prosperity depends on increasing our exports in fast-growing and dynamic markets around the world," said Ed Fast, the country's Asia-Pacific trade minister.
  • Long road ahead for EU-U.S. trade talks
  • Shippers expect muted 2013 cargo market
  • NOL trims losses in 2012
    The Singapore-based carrier said it had a net loss of $98 million in the fourth quarter of 2012, compared to a loss of $320 million in the fourth quarter of 2011. Revenue in the quarter was $2.5 billion in 2012.
  • Maersk Line's back in black in 2012
  • L.A. starts environmental process on Yusen terminal upgrade
  • Charleston sees 8% box growth in January
  • Cautious optimism for Asian cargo
    Although January air freight activity rose in anticipation of the Chinese New Year, analysts at Stifel Nicolaus warned against seeing too much into these robust numbers. January's growth may simply be an anomaly.
  • APMT finalizes deal to operate Turkish terminal
  • Yusen Terminals' Burgoyne to also head Ceres
    Patrick Burgoyne has served as president and CEO of Yusen Terminals Inc. since 2010, a role he will retain concurrently moving forward. He will be based at the Ceres' headquarters in East Brunswick, N.J.
  • McAdam to leave APL Logistics this year
  • CMA CGM announces rate hikes
  • International Shipholding raises $25 million in stock sale
  • Big revenue gain for Swissport in 2012
  • Stuck in traffic

The Bunker Bulletinweb site
FEBRUARY 22, 2013
  • Prices plummet across North America
    Bunker prices across the Americas fell sharply to close out week.
  • NOL posts $419 million loss for 2012
    Company's energy efficiency programme delivered cost savings amounting to $504 million.
  • Port of San Diego approves Alternative Maritime Power project
    Board approved non-appealable coastal development permit to bring shore power to marine terminal.
  • LNG-crude pricing link under pressure
    But player says LNG bunkering should stick with gas-crude linkage.
  • Very tight avails in Fujairah
    Prices soft in South African ports.
  • Crude pulls down European prices
    Double digit falls seen in some ports.
  • Petrobras in 'advanced talks' to sell stakes in two refineries
    The 30,000 b/d refinery in Buenos Aires produces marine fuel.
  • Petrobras: Brazilian bunkers from Rotterdam
    Service to start at beginning of next month.
  • Company claims new products 'revolutionise' fouling control
    'With record high bunker fuel prices the economic importance of underwater hull condition cannot be overstated.'
  • Maersk Line 'glad to be in profit after hard year'
    'Bunker consumption per container was reduced by 11%.'
  • Teekay Corp narrows losses for 2012
    Growth was from the firm's continued investment in fixed-rate gas and offshore businesses.
  • EU eyes private finance for maritime research
    Public-private funding proposal for eco-shipping research project.
  • Canal expansion could hit bunker demand
    'Larger vessels and quicker transit times could mean the same or less volume.'
  • Asian bunker prices mostly down
    NYMEX saw a fall of $2.38 per barrel.
  • Mixed results for Singapore ship chandlers and bunkering trade
    Domestic wholesale trade rises but foreign wholesale trade falls.
  • Partners of Malta-based bunkering firm granted bail
    Francis Portelli and Anthony Cassar charged with trying to corrupt the former Chairman of Enemalta.
  • BIMCO slow steaming clauses 'well-received'
    Clauses 'well received' by industry at recent conference, says organisation.
  • Japan bunker fuel sales to fall in February
    Traders say weak demand was triggered by Chinese new year holidays and high bunker prices.
  • New material able to 'detach biofilms' from hull's surface
    Material works at microscopic level to knock bacteria away, says Duke University.

›››File
FROM THE HOME PAGE
In August, freight traffic in the port of Ravenna grew by +10.9%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
Federlogistica has established its own representation in the Iberian Peninsula
Genoa
It will support Italian entrepreneurs operating in Spain
Boluda acquires Royal Boskalis' towage and salvage operations in Australia and Papua New Guinea.
Valencia
Transaction valued at $640 million
ESPO urges IMO States to formally adopt the Net-Zero Framework
Brussels
The association also urges the EU Commission to align European standards
The Port of Los Angeles plans to build a new container terminal.
Los Angeles
Invitation to submit expressions of interest
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
Geneva
The most significant growth in PLSCI was recorded by the port of Savona-Vado Ligure (+53.7%)
ONE will not charge surcharges for new US taxes on Chinese ships
Singapore
They will be applied starting from October 14th
Fincantieri and Aeronautical Service sign agreement for the use of composite materials in the naval, civil, and military sectors.
Trieste
Genoa Port Terminal concession renewal approved until 2054
Genoa
The terminal's operating conditions have been redefined, bringing them back to the multipurpose function, in compliance with the ruling of the Council of State and the PRP
PSA Italia-Logtainer and Rail Hub Milano-Medlog have submitted offers to manage the Interporto Padova intermodal terminal.
Padua
Cargo traffic in Chinese seaports increased by 4.5% last month.
Beijing
Containers amounted to 27.7 million TEUs (+6.8%)
The Netherlands is referring to the Court of Justice of the European Union the question of whether to entrust seafarers or dock workers with the lashing operations on smaller container ships.
In the second quarter, container traffic handled by Eurokai terminals grew by +16.4%
Hamburg
Significant growth of 16.1% in Germany. In Italy (Contship), volumes increased by 5.2%.
China enacted regulation in response to US taxes on Chinese-owned and -built vessels
Beijing
The new rules include the possibility of introducing similar countermeasures
New attack on ships transiting the Gulf of Aden
Southampton
UKMTO announced that a fire broke out on a vessel hit by a shell
Le Aziende informanoSponsored Article
ITS Costruttori, il corso di alta formazione per entrare nel mondo di Fincantieri
Carnival closes its best quarter ever
Carnival closes its best quarter ever
Miami
The American cruise group announces a further strengthening of the growth trend in bookings
Marella Cruises sells Fincantieri slots for two new cruise ships to TUI Cruises.
Hannover/Trieste
With a gross tonnage of 160,000 tons, they will be larger than the units originally planned
GNV-Portitalia bridge agreement on lashing operations in the ports of Palermo and Termini Imerese
HMM will not introduce surcharges for new US taxes on Chinese ships
Seoul
The company will not modify scheduled services that stop in the United States
GATX Rail Europe signs sale-leaseback agreement with DB Cargo to purchase 6,000 railcars
Vienna
The transaction will be completed by the end of this year.
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
Bremen
Miscellaneous cargo is growing. Bulk cargo is declining.
India launches nearly $8 billion package to support its shipbuilding and maritime sectors
New Delhi
Shipyard production capacity expected to increase to 4.5 million gross tonnage per year
In the second quarter of this year, freight traffic in French ports fell by -0.4%.
Paris
Dry bulk and rolling bulk trades are declining. Container and liquid bulk trades are growing.
Antin Infrastructure Partners to acquire UK's leading marina operator
Paris/London/New York
It will take over ownership from British private equity firm LDC
Royal Caribbean agrees with Meyer Turku to build Icon ships for a decade
Miami
Order confirmed for a fifth Icon cruise ship and option placed on a seventh unit of the same series
Maersk announces it will not apply surcharges for new US tariffs on Chinese vessels
Copenhagen
The company assures that it will not make any changes to its services
Cochin Shipyard and KSOE enter into strategic collaboration in shipbuilding sector
New Delhi
The creation of approximately two thousand direct jobs is expected
DHL will resume freight shipments from Germany to the United States for corporate customers.
Bonn
They had been suspended due to the removal in the USA of the "de minimis" threshold for goods with a value of less than 800 dollars.
World Business Council for Sustainable Development Statement in Support of the IMO Net-Zero Framework
Ancona: Tax fraud in the shipbuilding sector
Ancona
Over €2.3 million in non-existent tax credits seized
CMA CGM buys British rail freight operator Freightliner
Birmingham
The transaction will be completed in early 2026
Containerized cargo at the port of Algeciras decreased by -9.4% last month
Algeciras
The 20-foot containers handled were 399 thousand (-0.7%)
Italferr participates in Europe's largest railway electrification contract
Rome
Activities within the Rail Baltica project
Freight traffic increased in the ports of Barcelona and Valencia in August
Barcelona/Valencia
In the first eight months of 2025, decreases of -1.6% and -0.3% respectively were recorded
In the June-August quarter, FedEx express courier revenues increased by +3.1%
Memphis
An average of 16.8 million express shipments were handled per day (+3.5%)
Breakthrough in the exploratory tunnel of the Brenner Base Tunnel
Milan/Rome
At 64 kilometers, it will be the longest underground railway connection in the world.
Tender launched for privatization of Croatian shipyard 3. MAJ Rijeka 1905
Zagreb
The starting bid is 6.66 million euros.
To decarbonize, shipping should join forces with other hard-to-abate sectors
London
This is highlighted by a report by Accelleron which believes that a critical mass of demand is necessary to overcome a stalemate phase.
COSCO Reassures Customers on Impact of New U.S. Tariffs on Chinese Vessels
Shanghai
We - the Chinese company assured - will maintain competitive freight rates and surcharges.
Shipping is still far from the target of 5-10% of fuel used coming from scalable, zero-emission sources by 2030
Copenhagen
The need to introduce incentives was underlined
Spain's Boluda acquires Transfesa's intermodal rail freight services.
Valencia
The agreement also includes industrial services, railway maintenance and shunting activities and intermodal terminals.
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Baku
Agreement with the Azerbaijani oil group SOCAR
German and Austrian trailer manufacturers challenge EU regulation to reduce truck environmental impact
Berlin/Brussels
They denounce that its application leads to an increase in traffic volumes and therefore emissions.
The Venice Marghera station has been equipped with a track compliant with European TEN-T standards
Venice
A 740-meter freight track has been opened.
World Shipping Council introduces Cargo Safety Program to prevent ship fires
Washington
It is based on artificial intelligence and traditional goods inspections
Rheinmetall to enter naval shipbuilding sector by acquiring Naval Vessels Lürssen
Bremen
Lürssen Group to focus on megayacht production
The British government is investing half a billion pounds to reduce shipping emissions.
London
Private investments of 700 million expected
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
Cairo
In the first seven months of 2025, a decrease of -10.2% was recorded
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
Port of Livorno: Protests over Gaza must not block operations.
Livorno
The members of the Partnership Body highlighted the need for it to be accessible to all vessels
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
GNV, agreement with Sicilian terminal operator Portitalia is positive.
Genoa
The company specified that the aim was exclusively to temporarily supplement the tariffs.
Two days of work with ESPO in Rome on the Mediterranean and European ports
Rome
Meetings organized by Assoporti
In 2024, 112 million counterfeit items were seized in the European Union.
Brussels
Record estimated value of 3.8 billion euros
Strikes and protests in ports, request for information from the Guarantor
Rome
Request for information from prefects, port authorities, and port authorities
Danaos Corporation has ordered two 7,165 TEU containerships from Dalian Shanhaiguan.
Athens
They will be taken into delivery in the third quarter of 2027
In the second quarter, freight traffic on the Austrian rail network fell by -1.4%.
Vienna
Only domestic traffic is growing
ALS (FBH Group) has acquired 80% of Trans World Shipping and Moda Express of USA.
Rozzano
The two companies have 500 employees and are active in Italy, France, the United Kingdom and the United States.
Circle's revenue increased by 62.1% in the first half of 2025
Milan
Net profit of over 1.0 million euros (+1.8%)
A Ukrainian delegation hosted by the Northern Tyrrhenian Sea Port Authority
Livorno
Cooperation in the field of training and safety at work in ports
The EIB is financing Phase A of Genoa's new breakwater with €300 million.
Luxembourg
The total investment is 937 million euros
This summer, GNV ships carried 1.7 million passengers (+9%)
Valencia
In the next few days the company will take delivery of "GNV Virgo", the first LNG-powered vessel
The project for the expansion, safety improvements, and extraordinary maintenance of the port of Pozzallo has been presented.
Pozzallo
It provides for the construction of the breakwater arm
Fincantieri delivers the new Star Princess cruise ship to Princess Cruises
Monfalcone
It has a gross tonnage of 177,800 tons and a capacity of 4,300 passengers.
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
Filt Cgil calls on port administrators and businesses to join the action against the Palestinian massacre.
Rome
This burden – the union highlighted – cannot be placed solely on the shoulders of dock workers.
The agreement between the Italian Merchant Marine Academy Foundation and the NATO Center in La Spezia has been renewed.
Genoa
The collaboration signed in 2023 has been confirmed
Fischer & Rechsteiner and Gimax International acquire BCUBE's Freight Forwarding business.
Genoa
The completion of the transaction is expected in the next few days
Fermerci outlines a dramatic scenario for the European rail freight transport sector
Rome
Rizzi: There is a real risk of a shift towards exclusively road transport.
Eni completes the sale of a 30% stake in the Baleine project in Ivory Coast to Vitol.
San Donato Milanese
The field was discovered in 2021 and production started in 2023
Sogedim opens a new branch in Modena
Mesero
Initially, the activity will be dedicated exclusively to UK export traffic and will then extend to other European markets.
The new PCTC Grande Svezia has joined the Grimaldi Group's fleet.
Naples
It has a maximum capacity of 9,000 ceu
The Cagliari City Council approves its opinion on the Sardinian Ports Development Plan.
Cagliari
Green light unanimously
The railway sector contributes 1.4% of the European Union's GDP.
Brussels
Study commissioned by CER
In the port of Naples, the Coast Guard has detained the bulk carrier Tanais Dream.
Naples
Serious irregularities found on board
Agreement to accelerate the implementation of robotics in Fincantieri's production processes
Trieste
It was signed with the Friulian Idea Prototipi
Sergio Liardo is the new general commander of the Port Authority Corps - Coast Guard
Rome
He takes over from Admiral Nicola Carlone
DBA to supply new Terminal Operating System for Georgia's Batumi Port
Villorba
The project includes all phases of development, testing and operational testing
Attack on a ship in the Gulf of Aden
Portsmouth
The captain reported hearing an impact in the water and an explosion
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Danilo Ricci has been appointed managing director of Tarros Line.
La Spezia
He has held various positions in Italy and abroad within the group
Permanent discussion table between Confindustria Nautica and Federagenti
Genoa
This is provided for in an agreement signed today in Genoa
In the first half of 2025, cruise traffic in Italian ports grew by +6%
Venice
The twelfth edition of Italian Cruise Day will be held in Catania on October 24th.
SAL Heavy Lift buys two semi-submersible vessels from Pan Ocean
Hamburg
They were built in 2008 and 2012
30% of Sangritana Cargo will be acquired by the Marche-based company Transadriatico
The Eagle
The sale will be completed in the next few days
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
Forum on economic and logistical integration between Ligurian ports, the Northwest manufacturing area, and Switzerland
DEME orders new cable-laying vessel from Singapore-based PaxOcean
Beveren-Kruibeke-Zwijndrecht
It will be built in the Chinese shipyard of Zhoushan
Assoporti will meet at RemTech EXPO 2025 to discuss the green transition in Italian ports.
Ferrara
The Smart Ports Award was awarded to three Port System Authorities
The first shipment of Syrian oil in 14 years arrives at the port of Trieste.
London
Part of the cargo - S&P Global Commodity Insights reports - was unloaded at the Sardinian terminal of Sarroch
In August, freight traffic in the port of Taranto grew by +20.3%
Taranto
The ferry "Drea" was also rejected by the Apulian port, where however it is temporarily stopped
Container traffic at the Port of Los Angeles remained stable in August.
Los Angeles
Volumes expected to decline in the remainder of 2025
Meeting between the port authorities of Jacksonville and Livorno
Livorno
Among the objectives, to start one or more direct services between the two ports
Italian State Railways and ENAC sign an agreement for the use of drones in infrastructure monitoring.
Rome
They will also be used to fly over sections of the railway and road network that would otherwise be difficult to monitor.
A.SPE.DO, the port of La Spezia is essential to ensuring employment, development, and a future for the local economy.
La Spezia
Landolfi: We cannot afford to underestimate its value.
The MIT meets with the heads of the Italian AdSPs
Rome
Meeting on the government's strategic vision for the sector and port reform
Yang Ming orders Hanwha Ocean Co. to build seven 15,880 TEU container ships
Keelung
They will be delivered between 2028 and 2029
Over 40 expressions of interest have been received for the development of the Ukrainian port of Chornomorsk.
Kiev
Today the first meeting of the tender commission
The first commercial ship is expected at the public dock in Largo Trattaroli in Ravenna.
Ravenna
The car carrier "AICC Huanghu" is coming soon
Container traffic at the Port of Long Beach decreased by 1.3% last month.
Long Beach
Empty containers are increasing. Full containers are decreasing.
Assiterminal's Terminal Road Show is starting
Genoa
Cognolato: We want to strengthen our ties with local communities and territories.
Assoporti, the Italian ports' cruise offerings presented at the Seatrade Europe fair.
Hamburg
Giampieri: We are leaders in the Mediterranean area and in Europe
Commander Claudio Tomei, USCLAC president from 2012 to 2024, has passed away.
Viareggio
His strong commitment to improving the working conditions of Italian seafarers
In the first quarter of 2025, cargo traffic in Greek ports grew by +1.4%
Piraeus
Passengers down by -1.1%
HD Hyundai Samho Orders Four New Container Ships
Seoul
Order worth approximately 468 million dollars
Trieste: Fraudulent bankruptcy in the shipbuilding sector
Trieste
Investigation into a company based in Palermo
Container traffic in the port of Hong Kong fell by 7.4% in August.
Hong Kong
In the first eight months of 2025 the decline was -3.8%
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
Container traffic at the port of Singapore continued to decline in August
Singapore
Total volume of goods increased by +1.1%
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
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
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
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