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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
February 26, 2013
Sched Netweb site
  • NYK reshuffle of Japan-Thailand-India service results in new shuttle
  • 'K' Line enhances intra-Asia coverage, transit times on JASECO loops
  • Logwin enjoys record growth on eastern China-Vietnam trade lane
  • Jiaxing-Shaoxing sea bridge soon to reduce travel time to Shanghai
  • Taiyuan Railway to distribute 1.59 million tonnes of freight daily
  • APL Logistics president McAdam to step down once successor appointed
  • Famous Pacific's LCL Logistix opens Kolkata container freight station
  • World's biggest pork producer accepts biggest pork consumer's challenge
  • GAC India named Outstanding Logistics Service Provider by key customer
  • NYK wraps up winter safety campaign after visiting ships and crew
  • Port of Tauranga posts 114pc profit hike in first half, boxes up 25.5pc
  • Boeing 'close to fixing Dreamliner battery problem' by adding space
  • TNT Express to sell off China and Brazil operations to narrow losses
  • UPS triples coverage area of Worldwide Expedited air freight service
  • Swissport sales up 10pc in 2012 to US$2 billion, despite global decline
  • US and Spanish aviation regulators sign eco-friendly fuel agreement

Exim Indiaweb site
FEBRUARY 25, 2013
  • MANSA team calls on Chief Commissioner of Customs, Mumbai Zone I
  • NYK selected for inclusion in RobecoSAM s Bronze Class
  • SCI CMD calls on agents to be ready for a better future
  • Shipping Ministry seeks removal of CVD on imported vessels
  • UK Club members receive compliance resources for Maritime Labour Convention
  • Wallem Group to partner local institute for maritime courses
  • Anti-dumping duty extended on upholstery raw material from Japan, US
  • Kandla Port enhances PCS performance by lease line connectivity
  • KoPT further extends pre-bid application deadline for box terminal
  • Global air cargo meet in March to focus on HR, sustainability
  • LCL Logistix opens its 3rd CFS at Haldia
  • Heavy pressure vessels moved from Malaysia to US jobsite
  • Kuebler Spedition overcomes extreme weather to deliver heavy machine to car plant
  • Le Havre port handles 375-t generator component

International Transport Journalweb site
FEBRUARY 25, 2013
  • Indian Railways transporting more freight
    Indian Railways carried 827.9 million t of revenue earning freight traffic between April 2012 and January 2013, 4.55% more than in the same period a year earlier. In January, the c...
  • Transport acquisitions in 2012 the highest in three years
    The volume of worldwide mergers and acquisitions in the transport industry in Q4/2012 was the highest per quarter for three years, according to a new report issued by the US indust...
  • Royal Jordanian starts serving Algiers
    Royal Jordanian is launching operations on the Amman - Algiers (Algeria) route today (25 February). Initially served twice weekly, the frequency of the new operation between these ...
  • Maersk satisfied with 2012
    Denmark-based Maersk Line's CEO, Nils Smedegaard Andersen, said, "we are satisfied with our result for 2012. After a difficult start, Maersk Line improved its performance and ...
  • Data2Logistics names new professional services director
    The supply chain information and technology company Data2Logistics has selected Bob Newcom to be director of professional services. Newcom has 17 years of experience in executive a...
  • Bombardier wins further order for ERTMS technology in Poland
    The rail technology provider Bombardier Transportation will deliver its globally proven Interflo 450 ERTMS level 2 solution for the Legnica-Wroclaw-Opole section of Poland's E30 li...
  • Globe Express Services appoints new CCO
    Globe Express Services (GES) has announced that Christopher Slotten will join the company on 1 March as senior vice-president and chief commercial officer. In his new role, Slotten...
  • IRU upgrades online services to support operators' daily work
    The International Road Transport Union (IRU) has upgraded two global online services, TRANSPark and IRU legal assistance network, to further facilitate and secure daily road transp...
  • Ural Airlines launches service to Bishkek
    On 23 February 2013, the Russian carrier Ural Airlines started a once weekly service between Moscow-Domodedovo airport and the Kyrgyz capital and biggest city, Bishkek. Ural Airlin...
  • DPD (Switzerland) scoops up Translog France
    DPD (Schweiz) AG, a member of the DPD group, has taken over Translog France, a pan-European provider of customs clearance services. DPD (Schweiz) AG is using the acquisition to str...
  • FPS member LCL Logistix opens another Indian container station
    LCL Logistix - the Indian member of the Famous Pacific Shipping (FPS) network of independent forwarders and NVOCCs - has opened its third container freight station (CFS) in Haldia,...
  • Agility wins contract with SSAB in Sweden
    The logistics service provider Agility has been mandated by the Swedish enterprise SSAB EMEA AB (SSAB) to handle its heavy plate export shipments. As part of the two-year contract,...

Marine Logweb site
FEBRUARY 25, 2013
  • Polluted in American Samoa, fined $2.2 million in D.C.
  • Crowley adds Farhad Rajabi to project management team
  • GPA releases more details of Jackson Offshore PSVs
  • MTN Satellite offers new broadband solution
  • UK Club attracts new tonnage
  • G.C. Rieber firms up newbuild contract at Kleven
  • Norwegian Breakaway is set for float out
  • Vancouver Shipyards Co. gets preliminary NSPS contracts

World Wide Shipperweb site
FEBRUARY 25, 2013
  • Candidate withdraws from Seattle Port Commission search
  • Oregon governor to talk trade in Netherlands, Germany
  • Hapag-Lloyd making changes to Pacific Atlantic Express Service
  • Coast Guard, Ecology investigating listing barge in Commencement Bay
  • Port of Portland installing parking guidance system at PDX

Lloyd's Listweb site
FEBRUARY 25, 2013
  • What the fight against Somali pirates can teach us in Gulf of Guinea
    Arming merchant ships may increase the threat of violence
  • West Africa checklist
    Boxes to tick for reducing risk
  • Cexim stands by $3bn ship finance target for 2013 despite credit risks
    Chinese policy bank promotes hi-tech shipbuilding at home
  • Policing market-based CO2 reduction will be difficult
    Seafarers International Research Centre examines the obstacles to beating both fraud and accidental misreporting
  • Emissions rules herald the rise of methanol
    Stena Line is testing an alternative to LNG as the bunker fuel of the future
  • CIMC eyes 20 post-panamax ships for charter to MSC
    Will the second-largest box player copy CMA CGM's China-backed lease deal?
  • MISC profits surge 75%
    Diversified owner boosted by money raised from regasification project
  • Myre Seadiver crew released on bail
    Lagos court adjourns case to April after safety ship is accused of arms smuggling
  • A rose by any other name
    K&R policies operate along roughly the same lines on both sides of Africa, despite the risks being inherently different
  • BIMCO opens office in Shanghai
    Denmark-based body is first round-table shipping player to launch a China base
  • Flex LNG posts 2012 loss of almost $300m
    Company takes writedown on newbuilding assets
  • Aspen launches West Africa kidnap and ransom cover
    Dedicated product reflects different threats from Indian Ocean and Gulf of Guinea pirates
  • Scorpio Tankers lines up $267m in fresh borrowing for newbuildings
    Existing lenders commit money for large portion of recent spree as company files new shelf registration
  • The big interview: Jorn Hinge
    United Arab Shipping Corp chief executive on those big ship orders, developments in the Middle East and the boom to bust cycle
  • Maersk sells VLCC for offshore use
    More tankers converted into FPSOs as owners offload older tonnage
  • Capital idea
    Middle East fund opens welcome new source of ship finance
  • Bullish Chinese buyers flock back to demolition
    Hunger for tonnage returns to pre-holiday levels
  • Saudi bank launches medium range tanker fund with Tufton
    Shariah-compliant vehicle leads drive to inject capital into Middle East shipping
  • Delos set for winning bid for Omega joint venture ships
    Creditors object to sales of smaller non-Chapter 11 assets
  • Scorpio Tankers loss narrows
    Lauro confident "long-term thesis" stands confirmed

Fairplayweb site
FEBRUARY 25, 2013
  • Heidmar branches out
    CONNECTICUT pool specialist Heidmar today unveiled a new asset management division that appears geared towards distress-driven opportunities
  • Kiel cost explosion and delays warned
    GERMANY'S Kiel Canal improvements are reportedly facing yet more delays and cost explosions
  • 'Corker' Cyclone Rusty imperils Pilbara again
    CYCLONE Rusty is expected to cross directly over Port Hedland in northwestern Australia and intensify in the next two days, the Bureau of Meteorology warned today
  • US doubles set-aside funds for cruise tickets
    CRUISE lines must double the amount of money set aside for ticket refunds on cancelled voyages to $30M, US regulators have ruled
  • Box imports to Europe seen falling 3.2%
    BOX EXPORTS to Europe will continue shrinking this year despite positive northern signals, two leading analysts predicted
  • Japan's yard orders drop
    NEW ORDERS at Japanese yards dwindled year on year in January, despite the weaker yen
  • Nam Cheong profits rise 47%
    MALAYSIAN offshore vessel builder and owner Nam Cheong said today that 2012 profits rose 47% year on year to 136.6M ringgit ($44M)
  • Silly money paid for Indian demolition
    BOX SHIPS have been getting incredibly high prices for demolition in India, but cash buyers cautioned today that such speculation is unrealistic
  • Civil compensation ordered in fatal collision
    OCEAN Jasper Shipping has been ordered to pay compensation to the family of a fishing boat skipper killed in a collision with one of its ships
  • Mariner missing in fire
    A NORTH Korean seafarer is missing after his ship caught fire off Qingdao, China, according to the Shandong Maritime Safety Administration
  • Comarit granted protection
    COLLAPSED Moroccan ferry company Comarit-Comanav has been given four months to come up with a viable restart plan
  • Damco's profits slip
    THE FREIGHT and supply chain management affiliate of AP Møller-Maersk, Damco-Marine, said profits slipped last year
  • Bergen sells Rosenberg unit
    BERGEN has sold its Rosenberg offshore unit to WorleyParsons, an Australian energy and process industry services provider
  • Arctic warns on Frontline cash
    FRONTLINE will need to address the possibility of running out of cash by year-end, a senior shipping analyst warned today
  • Beijing demands safer ferries
    DEATHS of ferry passengers today spurred China's transport ministry to warn that more must be done to improve safety

The Journal of Commerceweb site
FEBRUARY 25, 2013
  • TNT Express Appoints Gunning CEO
    The supervisory board of TNT Express has appointed Tex Gunning, 62, as CEO, pending shareholder approval, effective June 1. Bernard Bot will remain in his executive board position of CFO, and Jeroen Seyger, currently interim CFO, will continue in a senior finance function in the road and air express delivery company. Gunning...
  • Container Volume Falls at Auckland Port
    New Zealand's leading container operator saw total container volume decline 8.9 percent in the last six months of 2012. Volume handled at Ports of Auckland totaled 413,884 20-foot-equivalent units, down from 454,234 TEUs a year earlier. Full import and export containers were 5.4 percent and 9.2 percent lower, respectively, than the...
  • Ship Agents Oppose Nehru Port Tariff Hike Plan
    Ship agents at the Port of Jawaharlal Nehru (Nhava Sheva), India, are protesting a tariff revision proposal that could substantially push up costs for container vessels calling at the country's largest box gateway. In comments filed with port regulator Tariff Authority for Major Ports, the Mumbai-Nhava Sheva Ship Agents' Association said...
  • 'K' Line Upgrades Intra-Asia Service
    "K" Line has upgraded its intra-Asia service with improved transit times and better coverage between Japan and the Philippines, Singapore, Malaysia, Indonesia and Hong Kong. The shipping company said four 2,600-TEU vessels will be deployed on each of two services, JASECO-4 and JASECO-5. The new port rotation for JASECO-4 will be as...
  • Norfolk Southern to Cut Back in Roanoke
    Norfolk Southern will cease regional railcar classification operations at its Roanoke Terminal hump yard in Roanoke, Va., although the terminal will continue to provide service to local customers and serve as a hub for through-train operations. The Roanoke hump operation has seen a steady decline in the volume of general merchandise...
  • Michigan DOT to Spend $187 Million on Road, Bridge Repair
    The Michigan Department of Transportation has allocated about $187 million in contracts for 2013 to improve 80 miles of pavement and repair 15 bridges in the MDOT metro area, including Macomb, Oakland, St. Clair and Wayne counties. The 2013 program will provide approximately $142 million for pavement repair and $45 million...
  • Trucking Industry Welcomes Virginia Legislature's Opposition to I-95 Tolls
    The American Trucking Associations and NATSO have applauded the Virginia General Assembly for passing legislation that would the Virginia Department of Transportation's plan to toll I-95. The legislation would require legislative approval of tolls on I-95 south of Fredericksburg, Va. While not an outright ban on tolling, the Virginia General Assembly...
  • Port of Tacoma's January Container Traffic Rose 36 Percent
    Port of Tacoma reported container volume in January rose 36 percent year-over-year, from 109,170 20-foot-equivalent units in 2012 to 148,707 TEUs in 2013. Monthly containerized imports increased 45 percent, and exports were up nearly 44 percent, as shippers prepared for the Lunar New Year. The volume also continued to reflect the...
  • Port of LA Seeks Public Review of Port Master Plan
    The Port of Los Angeles has released a draft port master plan for public review and input through April 8. The port master plan serves as a long-term strategy to establish policies and guidelines for future development within the coastal zone boundary of the Port of Los Angeles. The draft version...
  • OIA Global Launches Day-Definite LTL Service
    Third-party logistics provider OIA Global has launched OIA Day-Definite, a new service for less-than-truckload shipments across the U.S. The company said the door-to-door service provides delivery within one to six business days for basically any size or weight shipment....
  • FreightCar America, Titagarh Wagons to Dissolve Indian Joint Venture
    Titagarh Wagons and FreightCar America have agreed to dissolve their Indian joint venture company. Titagarh FreightCar Private was incorporated in India pursuant to a 2008 joint venture agreement between the parties with the aim to manufacture and sell aluminum coal-carrying railcars in India. TWL and FCA said that the joint venture company...
  • How New Penn Handled Hurricane Sandy
    When Hurricane Sandy hit the Northeastern U.S. Oct. 29, trucking company New Penn closed its 22 terminal network, suspending operations over a territory stretching from Baltimore to Maine and the Jersey Shore to the Great Lakes. In this JOC Trucking Podcast, New Penn President and CEO Steve Gast and Vice...
  • Report: European Exports to Rise 9.3 Percent in 2013
    The North European edition of the Global Port Tracker predicts that total European imports will decrease by 3.2 percent to 20.2 million 20-foot-equivalent units in 2013, while exports are expected to rise 9.3 percent to 18.7 million TEUs. Total incoming loaded containers are projected to decrease by 0.9 percent in the coming...
  • American Railcar Industries' Profit Reaches Record High
    American Railcar Industries reported profit in the fourth quarter of 2012 was a record $24.4 million, spiking 382 percent from $5.1 million in the fourth quarter of 2011. Quarterly revenue was $207.7 million, up 6 percent from $196.8 million in the same quarter in the previous year, driven primarily by an...
  • Commercial Barge Line Out of the Red in 2012
    Commercial Barge Line Company today reported its 2012 profit was $20.8 million, improving from a net loss of $14.2 million in 2011. Annual revenue was $811.6 million, declining 4.9 percent from $852.9 million. The Indiana-based marine transportation company's net income in the fourth quarter of 2012 was $9.7 million, down 5.5 percent...
  • Market Accepting $1,500 Reefer Rate Hike, Maersk Says
    Maersk Line said a 30 percent hike in its reefer container freight rates, which provoked a storm of protest from shippers, has "largely been accepted" by the market. The carrier "might lose some market share" following the $1,500 per 40-foot container general rate increase that took effect on Jan. 1,...
  • Russia-Hamburg Box Traffic Grows on WTO Entry
    Feeder ship on the Kohlbrand river.Germany's Port of Hamburg today reported that about 675,000 20-foot-equivalent unit containers were handled between Hamburg and Russian ports in 2012, increasing 13.3 percent year-over-year. The positive trend was driven by Russia's decision to join the World Trade Organization, resulting in associated simplifications in commercial law,...

Containerisation Internationalweb site
FEBRUARY 25, 2013
  • Kolkata gets another CFS
    India's strong macro-economic fundamentals and rising container usage has prompted Famous Pacific Shipping Group, member LCL Logistix to open its third container ...
  • A tale of two cities
    Although one analyst described the 2013 outlook for Copenhagen-headquartered APM Moller-Maersk as like 'flying near-blind' due to uncertainty over mid-March Asia ...
  • Bullish Chinese buyers flock back to demolition
    Chinese buyers have returned to the demolition market in bullish form after the lunar new year holidays, offering rates on a par with rivals in the Indian subcontinent.Yards ...
  • Matson sets up DC in Savannah
    Matson Logistics, a US multimodal transport, warehousing and distribution service provider has established a new distribution centre in Savannah that it says will ...
  • McAdam moves on from APL Logistics
    Singapore-headquartered Neptune Orient Lines has announced that the president of wholly-owned subsidiary APL Logistics, James [Jim] McAdam, will leave the company ...
  • Maersk stays off the acquisition trail
    Maersk has ruled out any merger or acquisition activity in the container shipping sector for the foreseeable future, although it welcomes consolidation efforts ...

TradeWindsweb site
FEBRUARY 25, 2013
  • Wilmar teams with Noble
    Shipbrokers were reeling Monday in the wake of reports that two of the most notable names in the chemical and products tanker segments have forged an alliance.
  • NOL poised to pop?
    A leading equity analyst is urging investors not to give up on Neptune Orient Lines (NOL) after racking up a full-year loss of $419m.
  • Frontline's 'red flag'
    Frontline stock slumped to its lowest level this millennium after a second difficult trading day in Oslo.
  • Heidmar mints new venture
    US tanker operator Heidmar is breaking into new areas of the market in a bid to diversify its revenue stream and capture new clients.
  • Pirates' appeal fails
    A UAE appeals court has upheld sentences of 25 years for 10 Somali men who attacked an Adnoc tanker in 2011.
  • Maersk leads pack
    A strong fourth quarter showing from Maersk Line left Asian rivals trailing, according to data from Jefferies.
  • Champion caught in crossfire
    A federal judge in California has issued an arrest warrant for a chemical carrier controlled by Norwegian tanker owner Champion Shipping (Champion).
  • Kherson edges up
    Ukraine's Kherson Shipyard finished 2012 with a slightly bigger net profit of UAH 15.08m ($1.85m).
  • SFL tackles FRO fear
    Ship Finance International has moved to silence fears surrounding its exposure to Frontline upon reporting a strong set of fourth quarter numbers.
  • Japan to up cover
    Japan is likely to boost its insurance cover for tankers carrying Iranian crude by 4% this year.
  • Coastal profit falls
    Malaysia's Coastal Contracts has seen profit fall steeply in 2012.
  • Maersk cashes in VL
    AP Moller-Maersk has sold off one of its VLCCs with the ship apparently destined for offshore conversion.
  • MISC meets challenge
    Malaysian shipowner MISC has returned to profit in 2012 in what it called a "challenging shipping environment."
  • Scorpio loan in place
    Scorpio Tankers has netted almost $270m to help fund its rapid growth spurt.
  • Apicorp launches MR fund
    Arab Petroleum Investments Corporation (Apicorp) is teaming up with London finance house Tufton Oceanic for a new MR tanker venture.
  • NOL numbers crunched
    Growing debt and a lengthening path back to profitability caught the eyes of analysts tracking Neptune Orient Lines after the Singaporean container line put in a disappointing fourth quarter showing.
  • Traveller off to scrap yard
    Hoegh Autoliners has continued its clearout of ageing tonnage with the departure of a 30-year-old unit.
  • One killed in clash
    One fisherman has been killed and another is missing following a collision with a Wan Hai boxship off Japan.
  • Rieber on the rise
    GC Rieber has seen its fourth quarter profit shoot up as its seismic division swung back into the black.
  • Big write-down for Flex
    Oslo-listed Flex LNG has taken a big impairment hit from its dispute with Samsung over FLNG newbuildings.
  • Danske tells FRO's fortune
    Frontline will run out of cash by the end of 2013 and will need to issue fresh shares if it is to keep its valuable stake in spin-off Frontline 2012, Danske Bank believes.
  • One missing after fire
    One seafarer is missing after a fire on a cargoship off eastern China.
  • POSCO prop for STX PO
    STX Pan Ocean saw its value take off today amid reports steel heavyweight POSCO was readying a takeover swoop.
  • Spot woes hurt ITC
    Frontline-owned VLCC and suezmax company turns to loss as rates fall.
  • JNTS eyes fundraiser
    China's Jiangsu New Times Shipbuilding (JNTS) is preparing a new CNY 1bn ($160.41m) bond issue.
  • Oslo first for Subsea 7
    Norwegian shipowner Subsea 7 has added another North Sea pipe-laying job to its backlog.
  • TOO seals Thai deal
    Teekay Offshore Partners (TOO) has won a contract to supply a floating, storage and offloading (FSO) vessel for work off Thailand.
  • Cosco arm eyes leasing
    Cosco International is said to be mulling entering the ship leasing market as part of a range of options to expand its operations.
  • Sealink suffers in fourth
    Malaysian shipbuilder and offshore vessel operator Sealink International has made a fourth quarter loss of MYR22.1m ($7m).
  • Bumi weaker in Q4
    Bumi Armada has posted a sizeable drop in fourth quarter net profits as operating costs ate into its bottom line.
  • Scorpio snares financing
    Scorpio Tankers is set to announce a new $270m credit facility that will allow 60% financing of its recent newbuilding binge, finance-market sources said this week.

American Shipperweb site
FEBRUARY 25, 2013
  • New CEO at TNT Express
    Tex Gunning was named CEO, with interim CEO Bernard Bot stepping down to assume the role of chief financial officer. Gunning, who has extensive business experience, will assume his position at the company on June 1.
  • Virginia assembly says no to tolls
    "By looking at, then rejecting tolls in favor of more efficient revenue sources, Virginia lawmakers have provided a solid example for states looking to finance needed transportation infrastructure," ATA President Bill Graves said.
  • Bulk transport firms ride chemical increase
  • Forwarder software provider New Age enters North America
  • U.S. wine exports increased in 2012
  • G6 speeds up Asia-Med EUM
    Transit times eastbound from the Mediterranean to South Korea and China have improved by about seven days, as vessels will no longer slow steam one week on the return leg between Hong Kong and Busan.
  • Inbound cargo: Region by region
  • Vancouver to use GPS to improve drayage
    The British Columbia port said increasing the number of trucks with GPS transponder units "will provide an even more accurate, real-time base of data enabling greater insight to routing, operational and congestion information."
  • Large new ships to force changes in Asia-Europe services
  • OIA starts day-definite service
  • Werner commits to military veterans
  • Hamburg-Russia trade grows with WTO accession

The Bunker Bulletinweb site
FEBRUARY 25, 2013
  • Shell Egypt signs agreement with Nile Petroleum
    Nile Petroleum to be primary distributor of marine lubricants to vessels passing through the Suez Canal.
  • Maersk 'taking pride' in demonstrating fuel efficiency
    'We're not sad that we placed those orders,' says CEO.
  • Bunker prices follow crude upwards
    Losses of last week reversed on crude gains.
  • Fujairah market stays tight
    Suez out of product, say reports.
  • Fuel oil supplies could tighten
    Refiners entering spring maintenance cycle.
  • Work resumes on assessing shipping's role in global warming
    Expert workshop to meet at IMO this week.
  • 'Better than expected' results for MISC
    Q4 results boosted by lower operating costs, 'particularly bunker and charter hire expenses'.
  • Caltex reassures market
    Australian refinery closure will not hurt fuel supplies.
  • BIMCO opens in Shanghai
    First international shipping organisation to do so.
  • Fog halts Bosporus shipping
    Suspension of operations now in second day.
  • Asia bunker prices still falling
    But Singapore's benchmark 380 cSt bunker fuel recorded gains.
  • Corruption investigators focus on bunker tanker
    M/T Anchor Bay in the spotlight in Malta corruption case.
  • Vessel arrests rose in UK in 2011
    Unpaid fuel bills, mortgages and other maritime lien were behind the arrests.
  • Primorsk aims for higher bunker sales volume
    Russian authorities target volume of 5.5 million mt at Primorsk in 2013.
  • Japan: Bunkering 'not illegal' in Antarctic waters
    Military icebreaker sent to bolster whaling fleet.
  • ABB: Shipowners need to cut bunker fuel usage
    Using less fuel will boost profits.
  • Fujairah Oil Terminal project reaches 'successful financial close'
    Terminal expected to start up in 2014, says Hogan Lovells Lee & Lee.

›››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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