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Independent journal on economy and transport policy
18:33 GMT+2
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BRIEFS
February 28, 2013
Sched Netweb site
  • G6 abandons slow steaming to speed up Asia-Europe round voyage transit
  • Container Throughput Index: Global box volume rises 2.3pc in January
  • China-Australia Express (CAX) scrapped as Hainan PO Shipping exits Oz
  • TS Lines slot hops on China-Australia run after Hainan PO exits Oz
  • Chinese scrap yards rival India's as retired box tonnage rates rise
  • Guangdong January container volume increases 17pc to 2.36 million TEU
  • Baotou to spend US$320 million on 800 kilometres of roads old and new
  • E-invoicing road ahead for carriers, shippers to cut costs: INTTRA report
  • Hampton Roads ports post 2.9pc increase to 158,766 TEU in January
  • St Petersburg boosts container volume in 2012 at 2.5 million TEU
  • Matson to acquire Reef Shipping assets to grow in South Pacific
  • CEVA appoints Thai manager to become chief of operations for China
  • WWPC pair to move heavy pressure vessels from Malaysia to Mississippi
  • American Trucking Associations posts highest January tonnage in 5 years
  • Hong Kong ground handler AAT moves 19pc more air freight in January
  • China's air cargo shifts from Shanghai to Chengdu, Chongqing, Zhengzhou
  • SDV joins Air Works India to manage MRO providers' supply chain needs
  • Beijing Capital International Airport gets whole-car import approval
  • Tight air cargo capacity situation to ease in Istanbul with GSA deal

Exim Indiaweb site
FEBRUARY 27, 2013
  • Bahri launches 26,000-DWT Bahri Abha at Mumbai Port
  • Hamburg Süd publishes Responsibility Report
  • Kerala High Court orders arrest of Indian-flagged vessel presently in Ghana
  • New container design promises more volume & higher payloads
  • UASC adds Hazira to its GEM1 service
  • Cotton exports may rise on low global supplies
  • Bansal proposes allocation of INR 3,800 cr. for port connectivity projects
  • Supreme Court relief for CHALR 1984 licencees
  • Growth likely at 6.1-6.7 pc in 2013-14: Economic Survey
  • INR shoots up enthused by favourable survey predictions

International Transport Journalweb site
FEBRUARY 27, 2013
  • More overtaking lanes for state of Victoria's western highway
    The company Cut and Fill Pty Ltd has been awarded a contract to install new overtaking lanes along the Western Highway in Victoria (Australia). Work is expected to begin later this...
  • Hapag-Lloyd to increase rates
    The German shipping company Hapag-Lloyd will increase the rates on its trade route from East Asia to Mexico and the west coasts of Central America and South America by USD 500/teu...
  • Federal Freight and Knorr-Bremse set up JV in Russia
    JSC Federal Freight, a major Russian rolling stock operator, and the German company Knorr-Bremse have set up a joint venture in Russia to produce equipment for rolling stock. The t...
  • Fewer jobs in US airlines
    US airlines had 582,401 full and part-time employees on their books in December 2012, or almost 5,000 less than in comparison with the like-for-like period in 2011. The official fi...
  • VTG to augment railcar fleet
    Hamburg (Germany)-based VTG Aktiengesellschaft, a European global wagon hire and rail logistics company, is planning to make more investments in its rolling stock fleet this year. ...
  • CP Group's cargo traffic rises in January
    The combined Cathay Pacific and Dragonair traffic figures for January 2013 show a significant year-on-year increase in cargo and mail tonnage. The two Hong Kong airlines carried 13...
  • Green Cargo nominates CEO successor
    Sweden's rail transport service provider Green Cargo AB will be managed by Jan Kilström as new CEO from May 2013. He replaces the interim CEO Mats Hanson, marketing director of Gre...
  • Growing lack of truck drivers may affect Canada's Economy
    In Canada, tens of thousands of truck drivers are approaching retirement age, but very few young people and immigrants are entering the industry. A new Conference Board of Canada r...
  • New press officer for HHLA
    The German service provider Hamburger Hafen und Logistik AG (HHLA) has appointed Karl Olaf Petters as its new press officer, with effect from 1 March. HHLA's communication departme...
  • Swiss Post to launch automated parcel terminals
    Switzerland's national postal operator Swiss Post is extending its parcel services with its first introduction of automated parcel terminals, under the brand My Post 24. The free M...
  • Post Nord reports decrease in 2012 profit
    The Scandinavian mail service provider Post Nord reported significant falls in its operating and net profit for the full year 2012. Although revenues only shrank by 1.4% year-on-ye...
  • Pantos Logistics and Ebay Korea announce global delivery service
    Pantos Logistics, a global logistics business operating 164 global networks, has opened ePantos, a new-concept global delivery service that will be jointly operated with Ebay Kore...

Marine Logweb site
FEBRUARY 27, 2013
  • Shell pauses Alaska drilling program
  • Stevens Towing elects new president
  • Meyer Werft floats out Norwegian Breakaway
  • Wärtsilä opens new workshop in Brazil
  • Fiskerstrand to build two LNG-fueled fish feed vessels
  • Obama visits NNS to warn of sequester dangers
  • STX OSV directors to shareholders: Reject Fincantieri offer

World Wide Shipperweb site
FEBRUARY 27, 2013
  • ILWU, TEMCO agree to new 5-year labor agreement
  • Port Metro Vancouver adding Smart Fleet trucking scheme
  • Port of Port Angeles improves web site
  • Oregon governor praises house for vote approving bridge funding
  • Toyota using Port of Brunswick as crossover vehicle export terminal

Lloyd's Listweb site
FEBRUARY 27, 2013
  • Fuel costs create conflict of interest between LNG charterers and owners
    Total questions shipping firms' lack of incentive to boost their vessels' fuel-efficiency
  • Pirates free Armada Tuah crew
    Analysts questions release without ransom
  • Tindall Riley launches fixed-premium P&I product
    Carina opens new revenue stream by targeting smaller tonnage
  • Independent STX OSV directors urge rejection of Fincantieri offer
    Warning follows financial advisers' assessment that S$1.22 per share is 'not attractive'
  • Acquisitions strengthen Damco's annual results
    AP Moller-Maersk logistics arm moves closer to its customers
  • Awilco LNG seeks charterers for ice-class newbuildings
    Vessels near completion at Daewoo shipyard
  • New fears of KG bloodbath as Vega declares three funds insolvent
    But 40-strong fleet is safe, says finance manager
  • SinOceanic posts $20.3m loss
    Company seeks refinancing on three of its four-ship fleet
  • Private armed guards enter West Africa at their peril
    Myre Seadiver arrest in Nigeria highlights pitfalls facing security firms
  • Delays drive JES International into the red
    China-based shipbuilder says customers 'less keen to take delivery'
  • Profits decline at Samudera, but Indonesian coastal business to increase
    Singapore-listed intra-Asia specialist will look to grow Indonesian segment and explore new routes
  • Windfarms threaten North Sea shipping
    Accseas highlights risk from location and number of proposed turbines
  • Bankruptcy judge stymies BP's attempt to liquidate Alaska joint venture with OSG
    But has stage been set for sale of OSG's 37.5% stake ahead of April court hearing?

Fairplayweb site
FEBRUARY 27, 2013
  • Shell spends $4.4Bn in Repsol LNG deal
    SHELL bolstered its LNG export capacity in the Americas by acquiring equity stakes in Repsol's Peru and Trinidad & Tobago subsidiaries for $4.4Bn
  • US suit accuses union on the waterfront
    LABOUR corruption can be stopped quicker at New York's docks by exposing shady influences on particular business sectors, a former box executive has told Fairplay
  • STX OSV advised to reject Fincantieri
    STX OSV was today advised to reject Fincantieri's offer for its remaining shares, and STX OSV's independent directors concurred
  • Loss-making Bergen seeks yard unit buyer
    BERGEN, the Oslo-listed engineering group, said it expects to sell its majority stake in its shipbuilding unit during the next quarter
  • NTS to issue $449M in bonds
    CHINA'S New Times Shipbuilding plans to issue 2.8Bn yuan ($449M) in medium-term notes in 2013
  • Rem weighs bond issue
    REM OFFSHORE said today it considering issuance of an unsecured bond on the Norwegian krone market
  • Ex-Comanav boss to appeal
    COMANAV'S former chairman has filed an appeal against a five-year prison sentence in a Moroccan labour dispute
  • Impairment loss widens NOCC's losses
    NOCC, the Oslo-listed provider of vehicle carrier tonnage, said today its losses deepened in 2012 despite 4Q narrowing
  • Weaker cyclone bypasses key ore ports
    AUSTRALIA'S Port Hedland and Dampier were today spared the eye of Cyclone Rusty, which made landfall east of them as a downgraded Category 3 storm
  • SHAFFE assails rate rises
    SHAFFE has warned today that hefty reefer box freight rises will cause a slip in trade growth
  • China widens fishing boat insurance
    CHINESE fishing vessels of at least 1,000gt will be obliged to be insured against spills at the end of this week
  • BV's profits drop 10%
    BUREAU Veritas said today adjusted operating profits from its maritime business dropped 10% year on year in 2012 to €84.7M ($110.7M)
  • LPG prices slashed
    SAUDI ARAMCO has slashed LPG contract prices again, to, a six-month low, traders said today
  • LR1 rise shocks brokers
    RATES to ship naphtha on LR1 tankers have risen to a one-month high of Worldscale 116.25, or $10,996 per day, on the benchmark Ras Tanura/Chiba route
  • Awilco LNG 4Q12 profits fall but rise in FY
    AWILCO LNG today said net profits for 4Q12 fell to $6.6M, from $7.7M year on year

The Journal of Commerceweb site
FEBRUARY 27, 2013
  • Drop in China's PMI Causes Concern
    China's manufacturing growth and new orders both fell sharply in February. HSBC's flash purchasing managers' index (PMI) dropped from 52.3 in January to 50.4 this month, taking most analysts by surprise. The new orders sub-index fell to 50.9 from 53.1 in January, and new export orders to 49.8 from 53.7. Commenting, a...
  • Saudi Airlines Cargo Adds Freighter Capacity
    Saudi Airlines Cargo will add additional flights to selected routes in its existing freighter schedule, effective from March and April. The new schedule will include one additional weekly B747 freighter from Dhaka, Bangladesh, to Frankfurt, Germany, bringing the total number of freighter flights to four from Dhaka. It will also include...
  • MIQ Logistics Names Carr President and CEO
    John Carr's role as president at MIQ Logistics is expanded to include CEO responsibilities.MIQ Logistics has expanded John Carr's role in the company, naming him president and CEO, effective immediately. He will retain his current position as chairman of the board of directors. Carr joined the Kansas-based supply chain management company...
  • Transportation Infrastructure Bill Introduced
    Sens. John Davison "Jay" Rockefeller, D-W.Va., and Frank R. Lautenberg, D-N.J., have introduced legislation that they say would leverage federal investment to rebuild and expand transportation infrastructure. The American Infrastructure Investment Fund Act of 2013 would establish a $5 billion fund to provide incentives for private, state and regional investments in...
  • DHL Supply Chain to Invest $52.5 Million in Indonesia
    DHL Supply Chain has announced it will invest €40 million (about US$52.5 million) in Indonesia over the next few years. The announcement was made at the launch of the logistics company's 17,000 square meter warehouse in Cimanggis in the Jakarta area of Indonesia. It has enough docks to accommodate 176 containers...
  • Asia-Pacific Air Cargo Demand Rose 4.3 Percent in January
    The Association of Asia Pacific Airlines reported preliminary traffic figures in January showed demand for air cargo strengthened in advance of the Chinese New Year holiday period, which fell in February this year, versus January last year. Asia-Pacific international air cargo demand, measured in freight metric ton kilometers, recorded a 4.3...
  • Drewry Trans-Pacific Benchmark Experiences Largest Drop of 2013
    Trans-Pacific eastbound spot rates dropped 3.9 percent in the week ending Feb. 27, which was its largest week over week drop so far in 2013. Spot eastbound trans-Pacific rates from Hong Kong to Los Angeles dropped to $2,436 per 40-foot container, down $100 from last week, according to the Wednesday...
  • Transporeon Group Asia Pacific Names Business Development Director
    Han Hee Ting, Transporeon Group Asia Pacific's new business development director.Transporeon Group Asia Pacific has appointed Han Hee Ting as its business development director. He will be part of the senior management team based in Singapore to further strengthen the e-logistics company's presence in the region. Han has more than 20 years...
  • United Grain Locks Out ILWU Grain Handlers
    United Grain Corp. on Wednesday locked out the International Longshore and Warehouse Union from its export terminal in Vancouver, Wash., charging that a member of the Labor Relations Committee at ILWU Local 4 attempted to sabotage equipment at the facility. The incident comes at the same time that another terminal operator,...
  • Pacific International Lines Fined for Criminal Oil Pollution
    Pacific International Lines has been sentenced in U.S. federal court under the terms of a plea agreement that requires the Singapore-based container shipping company to pay $2.2 million in criminal penalties, according to the U.S. Department of Justice. Pacific International Lines previously pleaded guilty to three felony charges that it made...
  • ILA, USMX Extend Deadline for Local Talks
    The International Longshoremen's Association and employers have set a new March 8 deadline for negotiation of local contracts that supplement a coastwide master agreement covering dockworkers at East and Gulf Coast ports. When the ILA and United States Maritime Alliance reached tentative agreement earlier this month on a Maine-to-Texas coastwide contract,...
  • Top U.S. Trading Partners in 2012
    In goods, in billions of U.S. dollarsThe U.S. goods trade in 2012 reached $3.8 trillion, 59.5 percent in imports. While the top 10 partners held 64.2 percent share of the trade, the top 5 trade partners held 52.8 percent. Rank Country Total Market Share Total U.S. Trade U.S. Exports U.S....
  • Going Global: Building a Sustainable Logistics Model in the Age of Globalization
    Be Prepared for TPM You can accelerate your speed to market in the global economy and achieve a competitive advantage. Find out how-and prepare to get more ideas at the Trans-Pacific Maritime Conference March 3-6-by downloading this white paper. Globalization puts forward opportunities to companies of any size who can effectively provide...
  • U.S. Intermodal Container Traffic
    Monthly year-over-year percent change in domestic and international containers moving through U.S. intermodal networks.December domestic container traffic increased 5.4 percent year-over-year yet tumbled 12.1 percent sequentially. December international container traffic fell 7.7 percent year-over-year and dropped 5.5 percent sequentially. Domestic container traffic surged 12.2 percent year-over-year in calendar 2012...
  • U.S. Trade
    In billions of U.S. dollarsAgricultural Goods*In calendar 2012, U.S. agricultural exports were up 3.6 percent, imports advanced 4.1 percent, with overall agricultural trade ahead 3.8 percent year-over-year. The December 2012 agricultural trade dropped 6.1 percent sequentially while advancing 5.7 percent year-over-year.Roll Over Data Points for Exact FiguresData Included: 12/2012 The chart...
  • Customs' Insect Find in Texas Is a Nation First
    Pronotacantha armata, which measures about seven to eight millimeters in size.U.S. Customs and Border Protection agricultural specialists at the Laredo, Texas, port of entry have intercepted a pest not previously encountered by Customs. The interception occurred at the import lot at World Trade Bridge. The specialists examined a commercial shipment of...
  • U.S. Intermodal Shipments
    Monthly year-over-year percent change in intermodal shipments of 20-foot, 40-foot and 53-foot units in the United States.December 53-foot traffic tumbled 12.1 percent sequentially, 40-footers dropped 5.9 percent and 20-footers were off 5 percent. Year-over-year December 53-foot traffic advanced 5.8 percent, while 40-footers dropped 6.7 percent and 20-footers tumbled 10.4 percent....
  • U.S. IMC Intermodal Yield
    Average revenue per intermodal load by intermodal marketing companies by month and monthly year-over-year percent change. The average IMC intermodal yield in December was $2,669 per load, $97 or 3.8 percent above November and $26 or 1 percent above December 2011. The average calendar 2012 IMC intermodal yield...

Containerisation Internationalweb site
FEBRUARY 27, 2013
  • Markets react against Italian election deadlock
    Stock markets around the world were thrown into fresh chaos yesterday as the Italian election fiasco threatened to plunge the eurozone into a new bout of uncertainty.Spain's ...
  • Profits decline at Samudera, but Indonesian coastal business to increase
  • CKYH NE4 resumption threat to rates
    Reports that the CKYH alliance [Coscon, K Line, Yang Ming and Hanjin Shipping] will reactivate its mothballed NE4 Asia - north Europe loop in May could prove the ...
  • Acquisition trail leads to a strong year for Damco
    AP Moller-Maersk logistics arm Damco reported a 19% year-on-year increase in net revenue last year - thanks in part to the integration of China-based forwarder ...
  • Maersk fires unit cost silver bullet to leave rivals for dead
    The container arm of AP Moller-Maersk has already shown most of its peers a clean pair of heels at the top of the profitability stakes successfully negotiating ...
  • Rickmers Maritime sees net profits slip in 2012
    Containership owner Rickmers Maritime suffered a double-digit decrease in net profits in 2012 and it does not expect increases in time charter rates or vessel values ...
  • Port of Hamburg benefits from Russia joining the WTO
    The Port of Hamburg benefitted from an increase in its Russian container traffic in 2012 following the country's decision to join the World Trade Organisation.Figures ...

TradeWindsweb site
FEBRUARY 27, 2013
  • Torm cuts forecast
    Torm has revised its 2012 earnings forecast in anticipation of disposals that are due to conclude later this year.
  • Maybulk doubles down
    Malaysian Bulk Carriers appears to have placed an order for another supramax bulker in a move that underscores its appetite for fresh tonnage.
  • Oil spill rocks US Gulf
    Authorities in Louisiana are racing to contain an oil spill caused by an allision between a crewboat and an inactive wellhead in the US Gulf.
  • Brightoil bets on West
    Brightoil Petroleum of Hong Kong has pledged to reactive a trading desk in Houston in a bid to expand its presence in the West.
  • GasLog nears new loan
    GasLog is close to refinancing a loan linked to one of its trading LNG carriers, an executive says.
  • Solvang turns it round
    Norway's Solvang Shipping has made it back into profit in 2012 as revenue increased.
  • Second guessing Scorpio
    With Scorpio Tankers now sitting pretty with its newbuilding funded all but sorted, shipping's top analysts are placing their bets on how many more ships the company will order.
  • Ice nice for Germans
    German wind farm engineering group SeaRenergy is keen on buying three unwanted Danish icebreakers.
  • Second chance for HSH
    Germany's HSH Nordbank deserves a second chance, according to the financial minister of one of its biggest state shareholders.
  • Provision batters Bergen
    Losses at its shipbuilding division have pushed Bergen Group to a huge fourth quarter deficit.
  • Maersk bond sales likely
    AP Moller-Maersk is set for more fundraising in bond markets this year.
  • GasLog lags Street
    Peter Livanos-backed GasLog has carded a weaker than expected fourth quarter performance.
  • Solstad profit surges
    Norway's Solstad Offshore has recovered from a loss in 2011 to post a profit last year.
  • Grindrod earnings soar
    South African tanker and bulker owner Grindrod has posted a much improved 2012 profit despite falling revenue.
  • Deep Sea in the black
    Deep Sea Supply sounded an optimistic note for its new $850m Brazilian venture after reporting a return to profit in the fourth quarter.
  • Fincantieri rebuffed
    Fincantieri's efforts to complete a full takeover of STX OSV have hit a snag after the Singapore-listed shipbuilder advised its shareholders to reject the offer.
  • Stowaway's daring escape
    A Libyan teenager who stowed away on a Safmarine ship has been deported from South Africa after being caught leaving the vessel on a life raft.
  • Rem eyes new sale
    Norwegian owner Rem Offshore is planning another raid on the domestic bond market.
  • Finance pain endures
    Norwegian boxship owner SinOceanic Shipping is still being hammered by the cost of debt taken on to pay for its new vessels.
  • NOCC beats bets
    Norwegian Car Carriers has put in a stronger than expected fourth quarter showing.
  • Golden doubles up
    Golden Stena Weco has confirmed the acquisition of its second tanker.
  • Subsea 7 scores again
    Oslo-listed Subsea 7 has clinched another pipe-laying deal in the North Sea.
  • Awilco down to one
    Awilco LNG has been left with just one of its LNG carriers in full employment as it marks its first year as a listed company.
  • Buss ship listing
    A German cargoship suffered an apparent cargo shift off Australia on Tuesday, leaving it listing heavily.
  • Fiskerstrand wins duo
    Egil Ulvan Rederi has inked a deal for two new fish-feed carriers in Norway.
  • Eimskip sells smallest
    Iceland's Eimskip has sold its smallest freight vessel.
  • Swiber builds backlog
    Swiber Holdings, the Singapore-based offshore contractor, has secured fresh contracts worth over $150m, it said Wednesday.
  • Delaying tactics hit JES
    Delaying tactics by shipowners reluctant to take delivery of newbuildings has put a dent into the results of JES International.
  • Rickmers extends boxship
    Rickmers Maritime has secured six months of employment for a containership that was due to come off charter in March.
  • Samudera profits slump
    Samudera Shipping was unable to turn things around in the fourth quarter and has seen full-year profits plummet.
  • First Northland cargo sails
    Northland Resources has seen its first cargo of high-quality iron ore concentrate exported from Norway on Monday.

American Shipperweb site
FEBRUARY 27, 2013
  • NEWSFLASH: ILA, USMX extend local negotiations deadline a week
    The U.S. Maritime Alliance (USMX) and International Longshoremen's Association (ILA) said they have agreed to extend the March 1 deadline for completion of local negotiations to March 8.
  • Expeditors ends year with a whimper
  • Crude, not charters, cause gas spike, say U.S. shipowners
  • Maersk raising transatlantic rates on April 1
  • Senators propose $5 billion fund for transport investments
    The fund would essentially act as an infrastructure bank, an idea that has been previously proposed by President Obama and other lawmakers. But the term "infrastructure bank" does not appear in the proposed bill.
  • Missouri debates forwarder tax credit
    If passed, forwarders could receive a credit of 40 cents per kilogram for cargo placed on outbound flights from a Missouri airport, starting July 1. The incentive is capped at $7.5 million annually through June 30, 2021.
  • 29 U.S. states set 2012 export records
    Total merchandise exports from all 50 states helped contribute to the record-setting value of goods and services exports in 2012, which reached $2.2 trillion.
  • Evergreen hiking U.S.-to-Med rates
  • FMC reviews 26 OTI license applications
  • SAP releases TM update early
  • Nestlé uses wind at water bottling plant
  • CMA CGM PEX 3 service to call Charleston
  • APM Terminals says cranes are running faster
  • Aljex releases rail intermodal management tool
  • Rickmers' ship trust sees 2012 profits decline
  • Barber named UPS International president
  • United Grain locks out ILWU after alleged sabotage
    The Pacific Northwest grain terminal operator said its decision was based on evidence that shows two significant attempts to sabotage export equipment were carried out by a member of ILWU Local 4.
  • DHL invests in Indonesia
  • Turn IT up!
    Today's non-vessel-operating common carrier faces a tricky task: how to avoid being a jack of all trades but master of none. Any successful NVO - whether large or small, neutral or not - will have a book of business that varies widely in its basic characteristics. Those differences include its customers' volumes, lanes, origins, consolidation needs, and not least, its technological requirements.
  • IAG adds more China capacity

The Bunker Bulletinweb site
FEBRUARY 27, 2013
  • Vilma Oil granted ISO certification
    Vilma Oil granted ISO certifications for management standard and environment management standard.
  • Strong winds distrupt bunkering operations at Falmouth
    'For several days up to three ships at a time used the anchorages for taking on fuel oil and stores.'
  • Prices continue softening across Europe
    Congestion reported at Gibraltar.
  • MGO prices flat in Fujairah while avails remain tight
    Mixed outlook on prices across markets.
  • Cockett launches V-Marine Fuels
    Physical supply division to 'strengthen its positions in the Rotterdam and UK and English Channel markets.'
  • Launch of the Fujairah Oil Terminal 'is a major breakthrough'
    Gulf Petrochem's Fujairah Terminal 'caters to the rapidly growing demand for storage capacity.'
  • Shell-Repsol LNG deal confirmed
    Nearly $7 billion worth of assets changing hands.
  • Ship that bunkered in Gibraltar 'should have been inspected'
    New maritime dispute between Gibraltar and Spain.
  • Software saves fuel, says RINA
    Software requires crew to be trained but will deliver payback.
  • Bangladesh market could open to new players
    Country's ports need 'sound bunker supply chain'.
  • Bunker prices in Asia on downward trend
    Demand in Singapore was above average on Wednesday.
  • DNVPS issues bunker alert for New York
    Higher than expected density levels in low sulphur HFO found at New York and nearby ports, says DNVPS.
  • Samudera reports reduced profit for 2012
    Singapore-listed shipowner says bunkers will push up costs.
  • APL: Reducing fuel consumption 'absolutely critical'
    Bunkers 'a very significant cost item' for APL, says President of firm.
  • Italian ship maker builds profit in 2012
    Company's profit rose 67% during the year.
  • Japanese bunker output to fall in March
    Drop in supply due to Chiba-based refinery turnaround of Kyokuto Petroleum Industries.
  • Tidal modelling can save on fuel
    Singapore and Malacca Straits have 'complex tides' which affect passage time and fuel consumption.
  • Panama's bunker sales up in 2012
    Total of 5,153 ships received bunker fuel at Panama in 2012, up from 4,810 in 2011.

›››File
FROM THE HOME PAGE
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
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 "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
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