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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
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
ZIM to charter ten new 11,500 TEU dual-fuel LNG containerships
Haifa
The Chinese shipyard Zhoushan Changhong Shipyard will deliver them between 2027 and 2028
COSCO expects to post quarterly net profit growth of +72.1%
Hong Kong
Operating profit expected for January-March period of 16.57 billion yuan (+66.1%)
Rixi tells Rixi to hurry up and finally launch the port governance reform
Genoa
The vice minister presented a motion to the League congress that places the need for this reform at the centre
NCLH to charter two cruise ships to Cordelia Cruises and two more to Crescent Seas
Miami
The agreements include options to purchase the naval units
Carnival orders two new cruise ships from Fincantieri for AIDA Cruises brand
Miami/Trieste
Equipped with approximately 2,100 cabins, they will be delivered at the beginning of 2030 and at the end of 2031.
The number of ship transits through the Suez Canal has never been so low in recent decades
The number of ship transits through the Suez Canal has never been so low in recent decades
Ismailia
In February, traffic was 864 vessels, down -22.9%
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Leghorn
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
Call on UN States to Protect These Critical Systems
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
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
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
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
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
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
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
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
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
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