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BRIEFS
January 28, 2013
Sched Netweb site
  • CMA CGM sells 49pc of Terminal Link port operator to China Merchants
  • Asia-Europe rates slip 1.7pc to US$1,326/TEU, Shanghai index off 1.4pc
  • Hapag-Lloyd to levy US$750/TEU Asia-Europe rate hike from March
  • HKLSA, HKSOA seek regulation, renew voluntary low-sulphur fuel switch
  • HSBC China manufacturing purchasing managers index at two-year high
  • Cosco Pacific buys 39.04pc Taicang terminal stake from parent company
  • South Korean 2012 port volume hits new high, transshipments up 9.5pc
  • Shantou port's container volume up 13.6pc to 1.25 million TEU in 2012
  • Russian enclave Kaliningrad volume up 14.6pc to 360,000 TEU in 2012
  • Cargotec faces US$34.6 million special costs in restructuring in Q4
  • Yangtze River's shipping volume soars fourfold in past decade
  • China Post says 2012 express sector cuts delivery time by 5.5 hours
  • Panama Canal expansion 50pc done, faces year's delay, opens 2015
  • American truck tonnage increases 2.8 per cent in December: ATA
  • Emirates SkyCargo boosts freighter capacity in three Boeing 777Fs
  • WCA's Slade shipping flies 20 tons of oil & gas gear from US to India
  • Dreamliner fires spark doubt about eco-friendly lithium ion batteries

Exim Indiaweb site
JANUARY 25, 2013
  • Container swaps attracting keen interest
  • Standard & Poor s extends upgrade to UK P&I s Europe Club
  • WISTA India represented at Hong Kong meet
  • MMTC invites bids to export 1.5 lakh t of wheat
  • NTPC to import 5 lakh t of coal for Simhadri plant
  • Diesel price hike unlikely to hamper box trailer movement at Cochin Port
  • JNPT bags award for contribution to Maharashtra economy
  • KPT should take over ABGKCT, employees: KPKS
  • Le Havre port s RORO MAX project recognised as King of the Supply Chain 2013
  • TIL bags O&M contract from CONCOR
  • INR ends week almost flat at 53.69
  • SC takes up case involving parallel imports
  • Bureau Veritas Certification France unveils guide on offshore wind farm projects
  • PPG appoints new project forwarding members in Asia
  • Slade proves a winner for oil & gas projects

International Transport Journalweb site
JANUARY 25, 2013
  • VW Nutzfahrzeuge sets new record
    The German vehicle maker Volkswagen Nutzfahrzeuge sold 550,400 commercial vehicles worldwide in business year 2012, thereby achieving the best result in the company's history. Deli...
  • Europart Polska: sale of majority shareholding
    Europart, Europe's market leader for commercial vehicle parts and workshop supplies, is reinforcing its presence in Poland by taking over a majority shareholding in Europart Polska...
  • Thirteen expansion projects launched in Algeria
    Algeria's ministry of transport launched thirteen projects over the last two months to expand and upgrade the railway system in several regions across the country. In November seve...
  • CN to construct new intermodal ramp
    Canadian National Railway (CN) plans to construct an intermodal ramp at its freight yard in Joliet IL (USA). The full-service intermodal ramp will ease the cross-loading of contain...
  • Italy sees minimal increase in containers: throughput figures for 2012
    Italy's container throughput registered an overall 1% increase in 2012. It is not an exciting figure but neither is it a bad one given the ongoing economic crisis. Among the larges...
  • AB Transatlantic names interim CFO
    The Swedish carrier Rederi AB Transatlantic has appointed Erik Hansen as its interim chief financial officer. He has replaced Heléne Malquist who was promoted to CEO of AB Transatl...
  • Boeing delivers Indian Air Force's 1st C-17 to flight test
    Boeing delivered the first of ten 10 C-17 Globemaster III airlifters for the Indian Air Force (IAF) on schedule this week (week 4). India's first C-17 will now enter a US Air Force...
  • PPG appoints new project forwarding members in Asia
    Project Professionals Group (PPG), an international project forwarding network, has three new members in Asia. PPG's general manager Kevin Stephens said the network's new member fo...
  • SkyCargo boosts capacity with three new B777Fs
    SkyCargo, the freight division of Dubai (UAE)-based Emirates, one of the world's fastest growing international airlines, has significantly boosted its total cargo capacity and expa...
  • Volga Dnepr wants to resurrect AN-124 freighter
    The Russian cargo airline Volga Dnepr wants to start building the AN-124 "Ruslan" transport aircraft in Leipzig (Germany). The carrier's president, Alexey Isaikin, justified the de...
  • Singapore Post acquires Famous Holdings
    The mail service provider Singapore Post (SingPost) has acquired a 62.5% stake in freight forwarding company Famous Holdings (FH) for SGD 60 million (EUR 36.7 million). Both compan...

Marine Logweb site
JANUARY 25, 2013
  • Shipbuilding suppliers association names new President
  • Rolls-Royce installs MT30 gas turbine in new U.K. carrier
  • ABS releases new DP systems guide
  • Norwegian Cruise Line IPO raises $477.6 million
  • Wärtsilä wins repeat order for EGC and SCR system
  • Polymers used in clean up of tanker grounded by Sandy
  • Austal partners with Sembawang on LCS, JHSV support

World Wide Shipperweb site
JANUARY 25, 2013
  • Port of Portland industrial park nets Business Oregon certification
  • Maersk Line beats schedule for CO2 emissions reduction
  • Diana Shipping takes delivery of new Kamsarmax vessel
  • Boeing gives update on 787 investigation
  • Rail freight traffic count sees gains/losses for week

Lloyd's Listweb site
JANUARY 25, 2013
  • Why not just pay off the pirates?
    'Roving bandits' affect shipping in a similar way to tax authorities, say economists
  • Offen's boxship sales focus attention on German banking
    Ship finance problems could have systemic consequences
  • Shipping to get industry-wide tool to measure existing ship efficiency
    Index to allow ships to be readily compared prompts fears of a two-tier market
  • Efficiency schemes are already in use and offer rewards to owners
    Flag administrations use existing vessel data to determine ships' fiscal benefits
  • Newbuilding sea trials overhauled to improve accuracy
    Guidelines on trial conduct and analysis should improve trust in performance data
  • You've got spam
    Shipowners' inboxes are besieged with offers, real and fake
  • 'Burgeoning' legislation tests P&I resilience
    Executives split on whether sector will retain its shape in next 10 years
  • Dole eyes reefer fleet renewal
    Fruit specialist hints at reefer newbuilding orders
  • Walk the walk
    Brussels discussed fighting piracy this week but empty words are not enough
  • China Merchants to buy 49% of CMA CGM's Terminal Link - Exclusive Interview
    UPDATED: Debt restructuring deal is imminent between French line and its banks
  • Keppel's offshore margins threatened by China and South Korea rivals
    Division of Singapore-listed giant posts lower annual profit despite surge in revenue
  • Cosco Pacific buys Yangtze River Delta terminal stake from parent
    Acquisition of Taicang International Container Terminal will complement its business portfolio
  • Frontline agrees four capesize orders at STX Dalian
    Fredriksen's latest shopping spree costs $47m apiece
  • Clubs defend general increases as claims rise
    But differences emerge between clubs' policies
  • Paris tribunal tells SNCF to pay $12.5m to fledgling ro-ro firm
    Rail group to pay €25,000 per ex-SeaFrance employee hired by My Ferry Link
  • Clock ticks for China Cosco as it faces Shanghai delisting
    World's top dry bulk owner warns of 'significant' 2012 loss
  • OSG Chapter 11 judge issues a slew of orders
    Several procedural elements in place after omnibus hearing in Delaware
  • Dangerous gaps in legislation must be filled, says Kallas
    EU member states told anti-piracy legislation needs updating
  • Brussels must end piecemeal approach to piracy, say employers
    Tackling the problem demands 'appropriate mix' of trade, aid, reconstruction and a military presence
  • Bunker costs stay stubbornly high
    Brokers urge hedging as alternative protection against rising fuel costs
  • No sign of near-term improvement for capesize rates
    Australia cyclone dampens trading but China's iron ore stocks point to February lift
  • TEN sheds two laid-up VLCCs
    La Prudencia and La Madrina expected to do storage duty for Far Eastern buyers
  • Cargo receivers must be accountable, say Cinsnet box lines
    Firms that place orders and issue shipment instructions are responsible for safety too
  • Hong Kong on track to mandate sulphur content of bunker fuel
    Government makes positive response to industry calls
  • A day in court
    A UN tribunal is as good a place as any for China to make its case to the Philippines, and the world, for ownership of a tiny island
  • NewLead seeks to rebuild its fleet
    Restructured firm talks to backers about tonnage for commodities contracts
  • Wärtsilä forecasts slow and steady growth
    Engine maker 'cautiously optimistic' for 2013 as offshore sales dominate

Fairplayweb site
JANUARY 25, 2013
  • Wärtsilä profits from Hamworthy acquisition
    THE OUTLOOK for the ship power sector remains cautious but better than 2012's, according to Wärtsilä, which today reported a rise in profits
  • OSG runs winning streak
    A DELAWARE bankruptcy judge has sided with OSG on a range of contested issues during an omnibus hearing
  • SFI raises offering to $350M
    SHIP Finance International said today it has increased the public offering of its convertible senior notes due 2018 by $100M, to a total $350M
  • Indonesia scraps export ban for low-grade coal
    INDONESIA has scrapped a plan to bar lower-grade coal exports, which had sparked fear that it would have harm mining activity
  • VLCC rates plunge
    VLCC RATES on the benchmark Ras Tanura/Chiba route have dropped into negative territory, as the tonnage overhang continues to weigh on earnings
  • Sweden runs tonnage tax up the mast again
    SWEDEN is again considering a tonnage tax, the Swedish Shipowners' Association warned, as a government minister today visited the Gothenburg maritime cluster
  • China's crude cap leaves growth room
    BEIJING'S raised cap on crude imports will still allow 8% growth of inbound cargoes this year, an Oslo shipping analyst has predicted
  • CMA CGM sells 49% of Terminal Link
    CMA CGM said today it has agreed to sell a 49% stake in its terminal operating subsidiary, Terminal Link
  • COSCO Pacific issues $300M in notes
    HONG KONG-listed COSCO Pacific said it has issued $300M in 4.375% guaranteed notes
  • Behind Yangzijiang's lower price
    YANGZIJIANG Shipbuilding told Fairplay today it had to give Seaspan a 10% discount to entice the Canadian shipowner to exercise options for four 10,000teu ships
  • 2012 China newbuilding orders fell 43.6%
    CHINA'S newbuilding orders dropped 43.6% year on year in 2012, trade data showed today
  • Bulker stall seen hurting Singapore yard
    CREDIT Suisse said today Cosco Corp (Singapore) might be in for a "more difficult" year, during which bulker sector improvements are "unlikely"
  • Canadian iron ore exports to China hit record
    CANADIAN iron ore shipments to China have set a monthly record

The Journal of Commerceweb site
JANUARY 25, 2013
  • Maersk Line Reaches 2020 CO2 Target
    COPENHAGEN, Denmark - Maersk Line, the world's largest container shipping company, has reached its 2020 target of reducing CO2 emissions by 25% from its benchmark 2007 levels. "We are proud to hit this mark 8 years ahead of schedule. It is confirmation we're on the right track. And to...
  • Industry Innovation Celebrated in London
    Milton Keynes, U.K. - CargoWise®, a global leader in technology solutions for logistics service providers (LSPs), is delighted to have been part of the British International Freight Association (BIFA) Freight Service Awards 2012, held this week at The Brewery in London. Now in its 24th year, the award ceremony celebrates professionalism...
  • Hapag-Lloyd Increases Far East-Europe Rates
    Hapag-Lloyd will increase rates on its Far East westbound trade, effective March 15. The rate hike will be $750 per 20-foot container, and it will apply to all shipments from East Asia to North Europe and the Mediterranean. Separately, the German ocean carrier announced it is revising service fees in Canada, effective...
  • Volume Climbs at Malaysian Ports
    Malaysian ports boosted throughput by 2.8 percent last year. Total throughput reached 20.8 million 20-foot-equivalent units, up from 20.2 million TEUs a year earlier, with rising intra-Asia traffic cited as a major driver of trade by Transport Minister Datuk Seri Kong Cho Ha. Port Klang was Malaysia's leading port last year, as...
  • New Container Terminal Opens in Cambodia
    Cambodia has opened a new container terminal near the capital Phnom Penh. The Phnom Penh Autonomous Port is located along the Mekong River in Kean Svay district, about 30 kilometers east of Phnom Penh, and offers 120,000 20-foot-equivalent units of capacity per annum. Cambodia's low land and labor costs are increasingly proving...
  • CSX to Build $100 Million Intermodal Terminal in Quebec
    CSX will build a new 89-acre, $100 million intermodal rail terminal in the Perron Industrial Park in Salaberry-de-Valleyfield, Quebec, to connect the region with CSX Transportation's rail network in the U.S. Michael J. Ward, CSX's chairman, president and CEO, annnounced the project at a press conference today with Quebec's Transport Minister...
  • Asia's Growth Comes From Within
    That Wan Hai Lines attributed its third quarter profit turnaround to its decision to shift resources from the destitute Asia-Europe market to growing intra-Asia trades is testament to the strong fundamentals underpinning Asia's regional trade. Asia's regional container business, which includes more than 3,500 port pairs, has always been complex. For...
  • SCFI: Spot Rates Stable
    Container rates edged downward but overall were stable this week, showing that gains earlier in the month based on scheduled rate increases are holding, but tenuously. West Coast rates dipped by $23, or less than 1 percent, per 40-foot container to $2,497 according to the Friday release of the Shanghai Containerized...
  • Canadian Government to Contribute to Port Metro Vancouver Infrastructure Work
    The government of Canada has allocated a maximum of C$19.9 million (approximately US$19.8 million), through its Asia-Pacific Gateway and Corridor Initiative, to a C$45-million overpass on the Deltaport Causeway in British Columbia, part of Port Metro Vancouver's Deltaport Terminal, Road and Rail Improvement Project, according to Kerry-Lynne Findlay, parliament member...
  • TSD Logistics Names Muir CEO, President
    Robert Muir, TSD Logistics' new CEO and president. Transportation company TSD Logistics, which specializes in the tire and rubber industry, has named Robert Muir as CEO and president. Muir is responsible for the overall management of TSD operations, including the accounting, human resources and safety departments. He will also be supervising TSD's...
  • Alabama State Port Authority Advances Plans for Intermodal Facility
    The Alabama State Port Authority's board of directors has approved two measures that advance the development of the port's new intermodal container transfer facility. The board authorized $11.5 million for the construction, inspection and testing of a rail access bridge into the intermodal rail facility. The ICTF will service import and...
  • TPM Asia Conference
    Now in its seventh year, TPM Asia attracts close to 600 attendees including top importers and exporters, carriers, 3PLs, ports and terminals. TPM Asia presents a series of in-depth sessions with top-level speakers focusing on container trade and logistics in the Europe-Asia, Trans-Pacific, and Intra-Asia markets, from an Asian perspective. This conference...
  • TransForce Buys Stake in Vitran
    North American trucking company TransForce has acquired about 1.8 million common shares of less-than-truckload operator Vitran Corp., representing 10.75 percent of the issued and outstanding common shares of Vitran. TransForce acquired the shares during the period from Dec. 17, 2012, to Jan. 24, through the facilities of the Toronto Stock Exchange...
  • Annual Review & Outlook 2013: Halifax Port Authority
    The economic volatility of 2012 continues to affect cargo business around the world. Undoubtedly, this uncertainty will place added pressure on our carrier partners and all logistics operators including terminal, truck, rail, forwarders and integrators. We will need to work collaboratively together to generate better performance and network optimization. The immediate...
  • Annual Review & Outlook 2013: Georgia Ports Authority
    This year, U.S. East Coast ports will be focused on making the infrastructure investments necessary to remain competitive in an evolving international marketplace, especially in light of the expansion of the Panama Canal. Additional terminal capacity and improved transportation via road and rail are critical, as well as the maintenance and...
  • Annual Review & Outlook 2013: Galborg USA
    The oversupply of dry bulk vessels weakened charter hire rates weakened considerably during 2012, and this extended into the market for multipurpose vessels used to carry breakbulk cargoes. Expectations are that this will continue until end-2013 when pundits predict demand will slowly catch up to supply. The oversupply of vessels...
  • Q&A: Obama and the Birthers: Are New Laws Valid?
    Q: There have been a lot of changes in the laws and regulations affecting transportation in the last four years, and presumably there'll be many more in the next four. I'm talking about taxes, motor carrier hours of service, road-building, airport and seaport security, on and on. I suppose we all...
  • Annual Review & Outlook 2013: Evergreen Shipping Agency (America)
    While we wish there were only two challenges ahead, we prefer to separate the challenges in three silos: capacity supply side, cargo demand and operating cost. These will be our industry's primary concerns. On the capacity supply side, overtonnaging remains a huge challenge for the container shipping industry. This problem...
  • ILWU Files Lawsuit Against Seattle Over Arena
    Sports enthusiasts in Seattle let out a hearty cheer this week when the National Basketball Association gave tentative approval to a plan that would bring professional basketball back to the city, but a proposed downtown arena to house the team could be a loser for the Port of Seattle. The site...
  • Annual Review & Outlook 2013: DP World
    Our experience since 2009 shows clearly that an economic downturn can affect the whole world, including our industry. It has also shown the world is becoming smaller and more competitive than ever before. Meanwhile, the world's population is also growing. This takes us to a new era of sustainability and efficiency,...

Containerisation Internationalweb site
JANUARY 25, 2013
  • CMA CGM sells 49% of Terminal Link to China Merchants
  • OPDR Felixstowe - Casablanca express
    Hamburg based Oldenburg-Portugiesische Dampfschiffs-Rhederei (OPDR) is now offering its customers a seven-day transit direct container service to Casablanca from ...
  • Maersk improves Belfast feeder coverage
    Maersk Line has announced improvements to its feeder coverage for Belfast, saying the services had 'become irregular and unpredictable as a result of continuous ...
  • Portonave leads the way in Santa Catarina
    The Brazil, Itajai-based Terminais Portuarios de Navegantes - better known as Portonave - processed 620,026 teu in 2012, 13.7% ahead of the previous year. Since ...
  • Boxship owners praying for market uptick
    According to the latest report compiled by Lloyd's List Intelligence [LLI] there are currently 333 containerships idled, representing 6.6% of the global cellular ...
  • CI LinkedIn site tops 4,500
    Containerisation International's LinkedIn site has topped 4,500 members less than 18-months after its launch.With 200,000,000 million members worldwide [a growth ...
  • Hapag-Lloyd targets hefty Asia-Europe rate hike
    Hapag-Lloyd has taken the lead with plans to levy a hefty Asia to Europe rate increase in March, just as it did 12 months ago.The German line has notified customers ...

TradeWindsweb site
JANUARY 25, 2013
  • Hope on the horizon?
    Wartsila believes the shipbuilding market will improve in 2013 but isn't counting its eggs before they hatch.
  • Safe strikes again
    Sale-and-purchase brokers have linked Safe Bulkers of Greece to the acquisition of another kamsarmax bulker.
  • Unipec turns to Nordic
    Nordic American Tankers appears to have cashed in on Unipec's insatiable appetite for tonnage.
  • Ship Finance ups the ante
    Ship Finance International's (SFI's) decision to beef up its convertible bond offering bodes well for a fundraiser that could top $350m, according to RS Platou Markets.
  • Second look proves costly
    The early termination of two time charter contracts will have a deeper impact on the bottom line of Mercator Lines Singapore than previously forecast, the Asian bulker operator warned investors Friday.
  • QGOG closes in
    QGOG Constellation (QGOG) has set the stage for its debut on the New York Stock Exchange with an initial public offering (IPO) that could top $550m.
  • Opportunity knocked
    Private equity investors have already missed the biggest opportunity this shipping generation will ever experience, according to Aristides Pittas.
  • EU piracy action urged
    European Union (EU) countries have been urged to come up with a unified strategy to combat the scourge of piracy.
  • Latvian execs appeal fails
    Three former senior executives of the Latvian Shipping Co accused of conspiracy, deceit and fraudulent misrepresentation over newbuilding consultancy agreements have failed in a bid to challenge the jurisdiction of the English courts.
  • Danske downs GOGL
    Danske Bank has cut John Fredriksen's Golden Ocean to sell at the start of what promises to be a difficult year for the dry sector.
  • Saade seals ports deal
    China Merchants (CMHI) is paying EUR 400m ($538.5m) for a 49% stake in CMA CGM's terminals operating company.
  • Nigeria cries foul
    A Nigerian government committee has warned Chevron over alleged bias against domestic shipowners.
  • Eco or bust
    Performance benefits offered by eco-ships mean owning the latest breed of vessels will become a matter of survival rather than choice, JP Morgan says.
  • Not quite Orlova yet
    A derelict Russian cruiseship has broken free of its tow off Canada.
  • Sweden eyes tonnage tax
    The Swedish government has pledged a new investigation into introducing a tonnage tax - but owners will have to wait.
  • SFL in creative issue
    Ship Finance International is looking to bag $250m from a notes issue aimed at clearing debt.
  • No surprises at Steamship
    A couple of words missing from a report in today's edition of TradeWinds may have caused confusion about the outlook for the Steamship Mutual protection and indemnity club.
  • Ofer empire dividing
    TradeWinds digests the digits making the headlines this week.
  • Keppel O&M to improve
    Keppel Offshore & Marine should see better results next year with margins expected to creep up from current levels, an analyst has said.
  • OPDR goes direct
    German short-sea line OPDR is launching a new container service to Morocco from the UK.
  • Maersk makes the cut
    Maersk Line says it has reached its 2020 emissions-reduction target nearly eight years early.
  • Aponte buys ro-pax
    Gianluigi Aponte's SNAV has snapped up a Stena Line ro-pax for an Italy to Croatia run.
  • Big John backs tankers
  • Cosco Pac to raise $300m
    Cosco Pacific has launched its expected fundraiser to expand its terminal and container leasing businesses.
  • SHI edges FPSO job
    Samsung Heavy Industries is said to have beaten compatriot Hyundai Heavy Industries to the contract to build a $3.3bn floating production storage and offloading unit.
  • Exim Bank opens vaults
    Export-Import Bank of China is pumping another $3bn into ship finance this year.
  • Frontline clinches capes
    John Fredriksen's Frontline 2012 has sealed its move into bulkers with a deal for up to eight ships.
  • Japan LNG imports jump
    Japan's LNG imports reached a record high in 2012 increasing 11.2% year-on-year to 87.3mt, government data shows.
  • Howling at the moon
    We take a look at what was said in the market over the past week.
  • Jebsen confirms trio
    Kristian Gerhard Jebsen Skipsrederi has confirmed to TradeWinds that it has ordered a trio of kamsarmax bulkers in Japan.
  • Tsakos ties-up Propontis
    Tsakos Energy Navigation has tied-up a two-year charter of a modern product tanker that takes its secured revenues to $1bn.
  • Heidmar solicits supporters
    Heidmar appears to be picking up the pace of a campaign aimed at expanding its tanker pools by courting new members.
  • Mermaid seals China job
    Mermaid Maritime, the offshore arm of Thoresen Thai Agencies, has won repeat business in China potentially worth up to $40m.

American Shipperweb site
JANUARY 25, 2013
  • ITC says Korean, Mexican washers hurt U.S. industry
  • FMC reviews 13 OTI license applications
  • NEWSFLASH: CMA CGM sells stake in terminals to China Merchants
    The liner carrier CMA CGM has sold a 49 percent stake in its terminal operating subsidiary Terminal Link to China Merchants Holdings, the largest public port operator in China, for 400 million euros ($538 million).
  • CN offers new services to leverage intermodal network
    The Canadian railroad has been an industry leader in making intermodal comparable to a truck service to attract shippers that demand fast and reliable freight transportation - and continues to hone its products.
  • Emirates cargo head to retire
    In an email to close associates, Ram Menen wrote that he's taking early retirement from his 27-year Emirates SkyCargo career to spend more time with family and friends and continue to travel the world.
  • Tampa sees benefit from Latin American growth
    The port director of the Tampa Port Authority said robust growth in Latin America presents potentially significant opportunities to ports at the intersection of major East-West and North-South trade lanes.
  • After record year, Alabama port expands
  • Maersk meets internal 2020 emissions goals
    "It is confirmation we're on the right track. And to keep that momentum we're raising the target to a 40 percent reduction in CO2 by 2020," said Morten Engelstoft, chief operating officer for Maersk Line.
  • Swift sets records, looks to 2013
  • COSCO Pacific buys Taicang terminal stake from parent
  • Panama wants canal to be more than a transit point

The Bunker Bulletinweb site
JANUARY 25, 2013
  • Weekly global market update
    A weekly price round up of bunkering hubs from around the world.
  • Americas bunker prices end week firmer
    Demand was average on the US Gulf, players confirmed.
  • Greek illegal fuel trade turnover remains high
    Study by Merchant Marine Ministry confirmed market estimates regarding a shift in illegal fuel trade from heating oil to fuel for ships.
  • Defueling of standed US Navy vessel almost complete
    As of Friday afternoon, the defueling of the USS Guardian was already 70% complete.
  • Maersk Line reaches CO2 target eight years ahead of schedule
    'We are proud to hit this mark 8 years ahead of schedule. It is confirmation we're on the right track.'
  • Tallinn picks company for LNG feasibility study
    Research part of LNG in Baltic Sea Ports programme.
  • Tight avails in Fujairah
    180 cSt prices up nearly $10 per metric tonne.
  • Prices move upward in Rotterdam
    Congestion easing in port, according to reports.
  • Owners need to hedge, says broker
    The rising bunker price is a forceful argument for hedging.
  • Brightoil wins reassurance from lenders
    Lenders have 'agreed in principle' to give waivers for breaches of the company's financial covenant.
  • Fuel-efficient ships 'matter of survival'
    'Widening gap' between eco-ships and older tonnage, says industry analyst.
  • Growing anger at delays in de-bunkering stricken ship
    US Ambassador promises to work closely with Philippine authorities over 'environmental concerns'.
  • German bunker company appoints new staff member
    New recruit comes from tanker background.
  • Chinese shipping giant warns of 'huge loss'
    Cosco blames weak container market and high fuel costs.
  • Wartsila sees growth ahead
    Company's strong position in 'dual-fuel market will support steady profits'.
  • Asian bunker prices end week higher
    IFO and MGO prices recorded gains in key Asian ports.
  • Singapore to invest millions into fourth LNG tank
    Tank will significantly boost terminal's capacity.
  • Scandlines to develop zero-emissions ship
    Ship will use electricity generated from unused wind farms' night-time power.
  • Fredriksen upbeat on oil, fuel tanker market
    Shipping magnate says industry would recover over the next 15-20 months.
  • EC eyes LNG bunkering as credible alternative
    Up to 139 ports could offer LNG bunkering.

›››File
FROM THE HOME PAGE
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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