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01 July 2025 - Year XXIX
Independent journal on economy and transport policy
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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
European Commission meeting to define the strategy for the development of EU ports and maritime industry
Brussels
Call for papers by July 28th
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Rome
Messina: State Aid regime needs to be redesigned for European shipyards
In the first four months of 2025, maritime container traffic between Asia and Europe grew by +4.8%
Tokyo
-6.4% drop in shipments to Asian ports. +9.0% increase in unloading volumes in Europe
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Geneva
Recovery driven by importers who brought forward purchases in view of expected tariff increases
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
The transfer of 80% of Louis-Dreyfus Armateurs' capital to InfraVia has been implemented
Suresnes/Paris
The Louis-Dreyfus family retains the remaining 20%
Port of Genoa, green light for extension of concession to Spinelli until September 30
Genoa
Ok also to the extension to the Campostano group
The National Maritime Fund has started the recognition of scholarships
Genoa
They are granted for basic training and security familiarization courses.
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
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 Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
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