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13 February 2026 - Year XXX
Independent journal on economy and transport policy
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BRIEFS
April 30, 2013
Sched Netweb site
  • China Cosco posts narrowing quarterly net loss of US$324 million
  • Evergreen deploys its 10th and 11th new 8,452-TEUers on Asia-Europe run
  • Guangdong Heyuan to build five new arterial railways by 2030
  • West African pirates seize ship, hostages, seems to copy Somali model
  • IMO legal panel drafts evidence gathering guidelines for crime at sea
  • Singapore March manufacturing off 4pc despite robust biomedical sector
  • Dachser to invest US$35 million on Northampton cross-docking centre
  • Port authority: Mombasa's second box terminal construction on schedule
  • DRC's obscure Port of Boma peaks sudden interest as pageviews soar
  • Inchcape opens 3rd office on the Amazon to meet owner-operator needs
  • Mexicans upset US complies with change in 'dolphin-safe' tuna label
  • China ends Airbus boycott over CO2, to buy 60 planes for US$8 billion
  • Asian shippers face extra costs as EU air cargo security rules bite
  • Hactl COO: CEOs will come from CIO ranks as they once did from CFOs
  • US Customs to extend its air cargo advanced screening scheme

Exim Indiaweb site
APRIL 29, 2013
  • CMA CGM announces weekly Asia-south Red Sea REX 3 service from early May
  • CSAV announces $ 570 m investment plan, pre-payment of financial debt & capital increase
  • Hapag-Lloyd commences feeder service for Baltic region
  • Hindustan Cargo smartly executes project cargo movement to Muscat
  • Kellogg s increases commitment to Peel Ports green highway to Manchester
  • MOL provides emergency relief to those affected by Sichuan earthquake
  • Pirate attacks down 55 pc in first quarter
  • Shipowners & unions raise concern at casualty reporting failures
  • Shipping tonnage increased by 3.5 mgt due to govt support: Vasan
  • Tianjin port developing world s first multi-lane navigation channel
  • VSAA organises trade meet with Adani Hazira Port
  • DP World handles 12.8 m TEUs in Q1 2013
  • Kandla Port set to handle largest Capesize vessel
  • Sri Lankan President to inaugurate conference & exhibition on May 2
  • Work on Mangalore SEZ gathers pace
  • Clarification from Container Freight Station Association of India (CFSAI) on storing/handling of hazardous cargo in CFSs
  • Govt in efforts to boost exports
  • INR recovers against dollar
  • MACCIA's AEO seminar on May 11

International Transport Journalweb site
  • Cagliari kommt «just in time»
  • STI Freight Management - Ausbau des Landverkehrsnetzes
  • Can shipping learn from the aviation industry?
  • Less choice for shippers on east-west trade
  • New CCO for Maersk Line
  • Antwerp records mixed results for Q1/2013
  • SVS management team gets new member
  • Greencarrier Freight Services opens new office in Dalian
  • Ethiopian Airlines first operator to resume Dreamliner...
  • Air France-KLM-Martinair Cargo offers new opportunities out...
  • Name of Cargosoft's new project management head made public
  • Volkswagen and CargoBeamer receive AKJ Automotive award
  • ACS names new general manager for German speaking regions
  • Groupe Eurotunnel boosts railfreight volumes
  • Ten-year plan for better and safer Bruce Highway in...
  • South Caucasus Railways increases cargo traffic
  • JAL Cargo adjusts fuel surcharge
  • Kuehne + Nagel opens office in Vladivostok
  • Norbert Dentressangle opens new office in Rio de Janeiro

Marine Logweb site
APRIL 29, 2013
  • ClassNK signs authorization agreement with Myanmar
  • Kuma Shipping to build two PSVs to new Ulstein design
  • MAN Diesel offers ABB HP tuning as two-stroke option
  • Obama picks Foxx to succeed LaHood at Transportation

World Wide Shipperweb site
APRIL 29, 2013
  • Coos Bay Rail Line fully open for business
  • OOCL takes delivery of 13,208 TEU box ship
  • Schnitzer Steel continues string of common stock dividend payments
  • Port of Vancouver, USA celebrates arrival of vessel on maiden voyage
  • Maersk Line taps Schueler as chief commercial officer

Lloyd's Listweb site
APRIL 29, 2013
  • Navios Partners may eye other sectors
    Frangou ponders fresh pastures after sister firm's boxship swoop
  • Trawler blaze survivors head home from Antarctic to China
    Crew airlifted off Falklands after Laskaridis reefership sails to the rescue
  • Embiricos family linked to 9,000 teu boxships order
    Vessels to be built on a speculative basis
  • Running out of icebreakers
    Although the global icebreaker fleet is nearly 40 years old, the commercial ice-class fleet is growing
  • Working full-steam ahead to finish Polar Code by 2014
    A growing number of countries and non-governmental associations are involved
  • Experts demand Arctic infrastructure audit
    Uncontrolled growth could be disastrous for fragile region, Helsinki conference told
  • ICS demands a level playing field for owners
    Neighbouring states must respect Unclos and IMO as they tap the region's resources
  • Global Ice-class fleet
    An exclusive look at growth and pinch-points
  • Trendsetter
    Selling new VLCCs for conversion could point to future market direction
  • CSCL's big bid
    Triple-E sized vessels offer economies of scale and energy savings in an uncertain market
  • LNG spot rates fall again
    Downward trajectory raises fresh concerns about short-term contracts
  • Small box lines abandon east-west trade lane
    Shippers must accept less choice as big players reach economies of scale, says Drewry
  • Getting to grips with crisis response
    Costa Concordia will be a catalyst for cruise firms, says casualty specialist Kenyon
  • Indian breakers hunger for quality boxships
    Hanjin Colombo tops the list at $8.8m
  • China Shipping and MOL seal order for six LNG vessels
    Ships in joint-venture deal worth $1.3bn will be delivered from 2016
  • Modern VLCC reported sold for offshore conversion
    DK Maritime thought to have sold 2012-built Blue Jade for $74m
  • Syrian seafarers missing after Aegean collision
    Search continues after incident involving Turkish-owned bulker and German boxship
  • Bayonne Bridge contract awarded
    Work raising deck to allow bigger ships into New York and New Jersey will start this year
  • Petredec orders four VLGCs from Hyundai
    Fleet renewal will tap new exports out of the US, West Africa and Middle East
  • Textainer secures $170m to buy more boxes
    Three-year revolving credit facility replaces and expands more expensive funding
  • Shipping firms should act more like airlines
    Leases can help carriers overcome finance barriers, says Moore Stephens
  • Eimskip drives a hard bargain for China-built boxships
    Iceland-based carrier nails $10m discount from Rongcheng Schenfei
  • Jiangsu Rongsheng reports first-quarter loss
    Shortage of orders hits shipbuilding unit of Rongsheng Heavy Industries

The Journal of Commerceweb site
APRIL 29, 2013
  • James Welch: Focusing on LTL Basics
    Senior Editor Bill Cassidy interviews YRC Worldwide CEO James Welch, who is getting closer to his goal of returning the troubled less-than-truckload operator to profitability. Welch is aiming for an operating profit at YRC Worldwide in 2013; last year the company reported its first quarterly operating profit since 2008. The...
  • India's Concor Revises Cochin-Bangalore Intermodal Rates
    Container Corporation of India has announced a "special intermodal rate scheme" for the movement of empty containers between the Vallarpadam International Container Transshipment Terminal at Cochin port and Bangalore, a southern hinterland destination, following requests from terminal operator DP World. From the Vallarpadam terminal to Bangalore, the new hauling rates would...
  • YRC's Welch Aims for 2013 Operating Profit
    James Welch is aiming for an operating profit at YRC Worldwide in 2013, following a $24.1 million operating profit in 2012, as he approaches his third year as CEO of the less-than-truckload operator. In 2012, the LTL holding company reported a net loss of $140.4 million, a 60 percent improvement from...
  • 13,208-TEU NYK Hercules Christened in South Korea
    OOCL celebrated the delivery of its fourth 13,208-TEU ship on April 29. At a ceremony held on Geoje Island in South Korea, the ship, which is leased to Japan's NYK Line, was named NYK Hercules by sponsor Anita Hung. The 366.5-meter vessel is the latest of 10 13,208-TEU container ships OOCL has...
  • Cargo Tonnage Climbs at Amsterdam Airport Schiphol
    Cargo through Amsterdam Airport Schiphol rose slightly in the first quarter of 2013 to 366,269 metric tons, up 2.3 percent year-over-year. Freighter movements grew as well, up from 3,765 in 2012 to 3,780. "The figures so far are encouraging," said Enno Osinga, Schiphol Cargo senior vice president. "Recent experiences teach us all...
  • NC Mayor Tapped for US Transportation Secretary
    Anthony Foxx, mayor of Charlotte, N.C., has been selected by President Barack Obama to be the new head of the Department of Transportation, NBC News reports. Current Secretary of Transportation Ray LaHood had planned to leave for the president's second term, and NBC News said he is expected to stay until...
  • Drewry: Demise of Small Carriers Cuts Competition
    The increasing dominance of super-post-Panamax ships in the major east-west trades is forcing smaller, niche carriers out of business on those lanes and raising the barrier to further entries. This means shippers will have less choice on the major trade lanes and will see less price competition, according to Drewry Maritime...
  • The Journal of Commerce Expands Asian Editorial Coverage and Event Programming
    NEWARK, N.J. - The Journal of Commerce has announced the addition of Annie Zhu, Asia editor, to the JOC editorial and event programming team. Based in Shanghai, Zhu will contribute editorial coverage for The Journal of Commerce magazine and JOC.com and contribute to expansion of its Asia conference programming, as...
  • Microsoft Exec to Join Maersk as Chief Commercial Officer
    Maersk Line has hired Microsoft's head of global retail sales and marketing as chief commercial officer of the world's largest ocean carrier. Stephen Schuler, a 46-year-old U.S. citizen, will assume his position on May 27, replacing Lucas Vos who is leaving the job on May 1. Schuler, who worked at Microsoft in...
  • TNT Express First Quarter Revenue Shrank
    TNT Express's first quarter revenue shrank 4.5 percent to 1.67 billion euros ($2.2 billion) as the Dutch parcel delivery company scaled back international operations to focus on its core European market in the wake of a collapsed takeover bid by its larger U.S. rival United Parcel Service. Operating profit grew to...
  • Shenzhen, Guangzhou Volumes Down in March
    Shenzhen and Guangzhou, the second and fourth highest ranked Chinese ports in 2012, showed declining year-over-year numbers in March 2013. The other eight ports of 2012's top 10 had fair to significant growth in March. Month-to-month growth was seen for all ports, as shipments rebounded from the holiday-suppressed levels of...
  • Little Movement in Rotterdam Bunker Fuel Prices
    Bunker fuel prices - Rotterdam Full-size image Spot rates for high and low sulfur bunker fuel showed little movement during the week of April 26, according to daily Bunkervision price data via international marine fuel oil broker LQM Petroleum Services, Inc. This followed two weeks of significant declines, which were due to...
  • Rotterdam's Container Volume Grows, But So Do Empties
    Rotterdam handled 4 percent more ocean containers in the first quarter than a year ago, but an increasing number were empty because of the continuing economic downturn across Europe. The increase, to 2.9 million 20-foot-equivalent units from 2.78 million TEUs in the first three months of 2012, restores traffic to the...
  • China Shipping to Order 18,000-TEU Ships
    China Shipping Container Lines plans to order five 18,000 20-foot-equivalent unit container ships, the world's largest, becoming the first carrier to challenge Maersk Line, which will deploy the first vessel of this size in the Asia-Europe trade in June. The new vessels, to be built in South Korea, will raise the...
  • Container Traffic Declines at Port of Antwerp
    Antwerp's container traffic declined 2.8 percent in the first quarter from a year ago even as total throughput was up 1.4 percent on sharply higher liquid bulk shipments. Europe's third-largest box hub handled 2.126 million 20-foot-equivalent units in the opening three months of the year, down from 2.188 million TEUs in...
  • Lambert-St. Louis Airport's Cargo Volume on the Rise
    Lambert-St. Louis International Airport's reports strong cargo volume in the first quarter.Lambert-St. Louis International Airport reported its total cargo and mail volume for the first three months of 2013 was 37.3 million pounds, increasing 3.5 percent from the same period in 2012. It is the best first quarter cargo results in...
  • Old Dominion Freight Line's Profit Jumped in First Quarter
    Old Dominion Freight Line reported net income in the first quarter of 2013 of $40.6 million, increasing 30.4 percent from $31.1 million in the first quarter of 2012. Quarterly revenue for ODFL, No. 5 on JOC's list of Top 25 Less-Than-Truckload Carriers, was $532.6 million, rising 7.1 percent from $497.1 million...
  • TAL International Showed 'Solid Start' in First Quarter
    TAL International reported net income in the first quarter of 2013 was $37.5 million, increasing 14.0 percent from $32.9 million in the first quarter of 2012. Quarterly leasing revenue for the intermodal freight container and chassis lessor rose 11.4 percent from $123.2 million in 2012 to $137.2 million in 2013. TAL has...

TradeWindsweb site
APRIL 29, 2013
  • Danaos on the up
    Danaos surprised Wall Street Monday after posting a profit that beat analysts' consensus estimate.
  • Proceed with caution
    A leading equity analyst is urging clients not to jump the gun when it comes to investments in US-listed tanker stocks.
  • Time to buy?
    If you've been thinking about buying a tanker it might be time to pull the trigger.
  • Weco eyes dry
    Weco has already conquered the product tanker sector and now the diversified Danish operator has its sights set on dry-bulk.
  • TEN lines up fundraiser
    Tsakos Energy Navigation of Greece is putting the power of its pedigree to the test in the capital markets.
  • Handy for Atlantska
    Croatia's Atlantska Plovidba has signed for up to four new handysize bulkers in China.
  • Eco ships shine for Scorpio
    Eco ship cheerleader Scorpio Tankers has produced more evidence to support its investment in the new breed of vessels.
  • Maersk's Microsoft coup
    Maersk Line is bringing in Microsoft's global sale and marketing chief Stephen Schueler as its new COO.
  • NY raises the roof
    A long-awaited contract has been awarded that will pave the way for post-panamax containerships to call at the key US East Coast port of New York after the widening of the Panama Canal.
  • Farstad extends Brazil trip
    Norwegian owner Farstad has stretched a charter contract on a platform supply vessel in Brazil.
  • Kuma orders PSVs
    Norway's Ulstein has won a contract to design two smaller eco platform supply ships (PSVs).
  • Scorpio shifts up a gear
    Scorpio Tankers moved into the black in the opening three months of 2013 with the promise of more lofty figures ahead given its huge newbuilding activity during the period.
  • Ultra replaces Hoskinson
    Ultrapetrol has drafted in Cecilia Yad to replace company veteran Leonard Hoskinson in the CFO's chair.
  • Cancellation gains
    Precious Shipping makes first quarter profit after banking cash from scrapped bulker orders.
  • V-Marine adds another
    Vitol's bunker division, V-Marine has added a new tanker to its ranks to boost services in the Thames estuary and the English Channel.
  • Braemar takes Clarksons pair
    Braemar Seascope has made its first foray into the Oslo shipbroking scene after picking up two brokers from rival Clarksons.
  • Limarko posts loss
    Lithuanian reefer owner Limarko has fallen into the red for the first quarter as revenue slid.
  • RABT seals steel deal
    Struggling Swedish owner Rederi AB TransAtlantic has bagged a two-year contract with a Finland-based metal producer.
  • Uljanik starts with loss
    Croatian shipyard Uljanik has fallen to a first quarter loss as revenue slumped.
  • ALG: more staff leaving
    UK cruise group All Leisure (ALG) is expecting to make more cost savings than originally forecast, but more staff will lose their jobs.
  • Three quarter fight
    China Cosco's battle to avoid a third successive loss and dodge a delisting from its home exchange hangs in the balance after a disappointing first quarter performance.
  • Five seized from boxship
    Five officers have reportedly been snatched by pirates from a Maersk-chartered boxship off Nigeria, in the second kidnapping incident in the last week.
  • CIMB boosts Yangzijiang
    CIMB Securities has raised its outlook on Yangzijiang Shipbuilding after the Chinese company delivered a better than expected set of first quarter earnings.
  • CSCL pens mega-order
    Loss-making China Shipping Container Lines has joined Maresk Line in the container shipping big league after ordering a series of 18,000-teu ships in South Korea.
  • Greek crash kills two
    Bodies of two seafarers have been pulled from the water off Greece following a crash between a German container vessel and a Turkish bulker this morning.
  • Vosco loss widens
    Vietnam Ocean Shipping (Vosco) has posted a bigger loss in the first quarter as revenue fell.
  • Phoenix to wield axe
    Jobs and ships could go at Chinese bulker owner CSC Phoenix as it tries to cut losses.
  • China deliveries fall
    Ship deliveries have slumped in the first quarter at 39 major Chinese shipyards.
  • Weak yen drives orders
    Newbuilding orders secured by Japanese shipbuilders more than doubled last month thanks in part to the weaker yen.
  • Textainer renews revolver
    Textainer, the world's largest container lessor based on fleet size, has secured a $170m three-year revolving credit facility.
  • Petredec orders VLGCs
    LPG player Petredec has returned to Hyundai Heavy Industries to order up to four VLGC newbuildings.
  • CSG and MOL book six
    China Shipping Group and Mitsui OSK Lines (MOL) have formally signed contracts to order six LNG carriers in a $1.5bn deal.

American Shipperweb site
APRIL 29, 2013
  • NEWSFLASH: Obama taps Charlotte mayor as DOT head
    President Obama has named Charlotte Mayor Anthony Foxx to succeed Ray LaHood as secretary of transportation
  • Another freight payment vendor in trouble
    The automotive supplier division of the U.S. conglomerate Johnson Controls, Inc. (JCI) has filed a lawsuit in U.S. District Court against its long-time freight payment and audit vendor, TransVantage Solutions.
  • China Shipping ordering five 18,000-TEU ships
    It's not clear how the company will deploy the ships. Maersk and most large shipping companies have deployed their largest ships in the Asia-Europe trade lane, but such strings generally require about 10 vessels.
  • NA railroads show mixed results so far
  • Sequester cuts hamper outreach on export reform
  • Analysis: Florida's deep-dredge projects face new hurdles
    Cargo interests worry the Army Corps of Engineers' slow bureaucracy and the paucity of congressional appropriations for increasing the depth and width of entrances to key commercial ports is increasing the cost of shipping goods.
  • FAA ends furloughs, blame game begins
    The U.S. Federal Aviation Administration suspended all employee furloughs and said air traffic control facilities returned to regular staffing levels by Sunday evening after Congress passed legislation Friday giving the agency flexibility.
  • Revenue drop for TNT Express in 1Q
  • Chinese air cargo a mixed bag in 2013
  • MOL's on-time arrival percentages mostly drop in 1Q
  • Cargo theft in 2012 up in Europe, flat in U.S.
  • Qatar proposes permanent ICAO move
  • Executive moves

The Bunker Bulletinweb site
APRIL 29, 2013
  • Big variance in EU state sulphur reporting
    EMSA has found many reports 'incomplete and vague' making it difficult to judge compliance.
  • Back to black for Scorpio
    Scorpio Tankers books first quarter profit.
  • IFO prices firm in Rotterdam
    Bunker prices continue last week's upward trend.
  • MGO prices show losses in Fujairah
    Cape Town remains dry.
  • US ECA: Three detentions and 750 'FONARs' so far
    No civil penalties or fines issued to around 750 ships that could not find ECA-compliant fuel in time.
  • CSCL follows Maersk with triple-E order
    Liner company says vessels will 'raise its core competitiveness.'
  • HMS up for sale
    Stake in US company could go for $100 million.
  • Supplier adds tanker and eyes expansion
    Second tanker for UK-based V-Marine Fuels.
  • Fuel oil prices: 'Upward pressure' in second half of May
    Fuel oil arbitrage arrivals in Singapore could be lower than initially expected.
  • IFO prices show little movement in Singapore
    Tokyo Bay was closed for a public holiday.
  • Goldenport Holdings reports a net loss
    Voyage expenses increased by $2.9 million.
  • Hong Kong: Port strike 'to end soon'
    Agreement to end strike possible within two weeks.
  • Signs of deteriorating compliance with ECA sulphur limit
    DNVPS data show very mixed share of samples testing above 1.00% in various ports during 2012.
  • Fuel tank of fishing vessel ruptured off New Zealand
    Sureste 700 was carrying up to 23,000 litres of diesel in tank at time of accident.
  • 'Unusually high number' of UAE bunker spills, says P&I club
    Spillage 'in most cases' occurred when bunkering using road tankers, says West of England P&I club.
  • 'Record scrapping' for less fuel efficient ships in 2012
    Navios Partners likely to match 2012 figure.
  • Brightoil Chairman increases shareholding of group further
    Buys 30,169,000 shares from open market between March 11 and April 24.
  • Hong Kong terminals losing HK$5 million daily
    Cargo is being diverted in month-long dispute.

›››File
FROM THE HOME PAGE
CK Hutchison threatens legal action against APM Terminals if it takes over Panamanian ports of Cristóbal and Balboa
Hong Kong
The Chinese company warns that the continued operation of the airports depends solely on the actions of the Supreme Court and the Panamanian state.
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
Two FMC commissioners call on the US government to take action against Canadian and Mexican ports
Washington
Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged
Annual container traffic handled by the port of Algeciras remains stable.
Algeciras
A 6.2% decrease in the weight of goods in containers was recorded
The EU Commission authorizes Italy to provide financial support for rail operations in ports.
Rome
Incentives for a maximum total of 30 million euros over five years
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
Ismailia
The need to reduce insurance premiums for vessels transiting the Red Sea region was also highlighted.
€3.1 million in unpaid regional maritime property fees recovered in Campanian ports
Naples
422 default notices to non-compliant dealers
In November 2025, freight traffic in the ports of Genoa and Savona-Vado dropped by -5.5%.
Genoa
The two airports recorded percentage variations of -7.5% and +0.6% respectively
EU ETS: Interferry calls for a halt to the 100% charge for ferry emissions in 2026.
Victoria
The vast majority of the revenues from the maritime ETS - the association denounces - are diverted to the national budgets of the Member States.
The new configuration of the Ocean Alliance service network confirms seven calls at Italian ports
Hong Kong/Taipei
Two at the port of Genoa, two at that of La Spezia and one stop each at the ports of Vado Ligure, Trieste and Salerno
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Marseille
Cruise passengers grow by +7%
AD Ports has acquired the Spanish shipyard Astilleros Balenciaga.
Abu Dhabi
Transaction worth 11.2 million euros
CMA CGM reports three services on the route around the Cape of Good Hope
Marseille
The international scenario - explains the French company - is complex and uncertain
COSCO Shipping Ports' terminals handled record container traffic last year
Hong Kong
Growth of +6.2% over 2024
In the fourth quarter of 2025, freight traffic in the port of Venice grew by +13.5%
Venice
An increase of +4.9% was recorded for the whole year
Buffer areas to decongest the North West logistics system
Genoa
The proposal is from Connect. Let's remember, Palenzona warns, that the Italian system depends on road haulage.
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
St. Petersburg
In the fourth quarter alone, traffic was 231.1 million tonnes (+6%)
The port of Civitavecchia has set a new annual cruise traffic record
Civitavecchia
A 5.4% increase in transit passengers. Disembarking and embarking passengers remained stable.
A ship coming from Russia was seized in the port of Brindisi
Toasts
Alleged violation of sanctions against the Russian Federation
FS Logistix takes over railway operations in Area 6A of the Port of Antwerp.
Antwerp
New generation hybrid locomotives will be used
Greek Shipowners' Association urges EU to take measures to protect ships and crews
Piraeus
Call for expressions of interest for the refurbishment and management of the cruise terminal at the Port of Gibraltar
Gibraltar
Applicants must be willing to fully finance the work
In 2025, acts of piracy against ships increased by +18%
In 2025, acts of piracy against ships increased by +18%
Kuala Lumpur
A 43% decrease in accidents was recorded in the last quarter
InRail to manage the Interporto Pordenone intermodal terminal for a year
Pordenone
Temporary solution in view of the establishment of a public-private company
Turkey's Kuzey Star Shipyard to Build Shipyard in Syria's Tartous Port
Damascus
An investment of at least $190 million over five years is expected
In 2025, cargo traffic in Ukrainian ports decreased by -15%
Kiev
Container traffic grows by 66%
Container traffic in the port of Hong Kong decreased by 5.7% last year.
Hong Kong
In the fourth quarter alone the decline was -8.0%
In 2025, PSA's port terminals handled record container traffic
Singapore
New peaks in volumes handled in Singapore and the group's overseas terminals
Chinese CMPort's port terminals handled record container traffic last year
Hong Kong
The total was 151.5 million TEUs, an increase of +4.0% over 2024.
COSCO orders 12 new 18,000-TEU and six 3,000-TEU containerships
Hong Kong
Jiangnan Shipyard, China Shipbuilding Trading, and COSCO Shipping Heavy Industry win $2.7 billion in orders.
The port of Trieste closed 2025 with a 0.7% growth in freight traffic thanks to the increase in crude oil prices.
Trieste
The port of Gioia Tauro has once again set its container traffic record
The port of Gioia Tauro has once again set its container traffic record
Gioia Tauro
In 2025, the previous peak recorded the previous year will increase by +14%.
Port of Singapore sets new all-time container throughput record
Port of Singapore sets new all-time container throughput record
Singapore
The port confirms its position as the world's second largest container port
The volume of cargo traffic in the port of Koper will remain unchanged in 2025.
Koper
Increase in containers and rolling stock. Decline in other types of cargo.
Taiwan's Evergreen, Yang Ming and WHL close 2025 with double-digit revenue declines
Taipei/Keelung
In 2025, piracy attacks against ships in Asia increased by +23%
Singapore
The severity of accidents has decreased
The Democratic Party accuses the government of blocking investments in ports and placing the Port System Authorities under special administration.
Rome/Genoa
Nova Marine Carriers, Bolten and Ership have acquired full control of VCK Port Logistics.
Lugano
Amsterdam has developed its only covered terminal capable of operating in all weather conditions.
In the fourth quarter of 2025, revenues generated by OOCL's containership fleet decreased by -17.2%.
Hong Kong
Transported volumes increased by +0.8%
TKMS submits non-binding offer to buy German Naval Yards
TKMS submits non-binding offer to buy German Naval Yards
Kiel
The Kiel-based company builds naval vessels and luxury yachts
Assagenti calls for more constant and timely reporting on the progress of work on Genoa's new breakwater.
Genoa
Croce: the international shipping market must be enabled to plan commercial and operational decisions in advance.
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
ICS has published its periodic analysis of flag state performance
London
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
De Wave Group has acquired French company DL Services.
Genoa
The company specializes in the design of industrial kitchens and the supply of technical components and spare parts on board
CMA CGM's TUX transatlantic service will call at the port of Salerno
Marseille
The line connects Turkey with the East Coast of the USA
Cruise traffic in the port of Piraeus increased by +9% last year
Piraeus
Approximately 1.85 million passengers moved
New intermodal connections between Northern Italy and Belgium by GTS Rail and CargoBeamer
Bari/Leipzig
Activated on the Padua-Zeebrugge and Liège-Domodossola lines
In 2025, cruise traffic in the port of Genoa grew by +6.5%
Genoa
Ferry passengers down 3.6%
Grimaldi took delivery of the PCTC Grande Manila
Naples
The vessel has a total capacity of 9,241 CEUs.
Expedition cruise ship Exploris One to be auctioned off
Nantes
It has a capacity of 144 passengers and 102 crew members.
SeaCube Container Leasing has acquired Martin Container.
Montvale
The company specializes in the refrigerated container segment
Pisano: The Simplified Logistics Zone has great strategic importance for the port of La Spezia.
La Spezia
RINA and HPC launch project to promote green ports in the Caspian region
Genoa
Five-year contract with the OSCE
Vard to build four Multi-Purpose Robotic Vessels for Ocean Infinity
Trieste
The contract has a total value of over 200 million euros
Hanseatic Global Terminals will become sole owner of Florida International Terminal
Rotterdam
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
The transportation sector enters a turning point with the adoption of artificial intelligence
Ulm
However, most companies are still in the early stages of this process.
Work completed to widen the access channel to the port of Livorno.
Livorno
The width between the two banks will be increased from 70 to 120 meters
Nexans sets a record for the depth of laying a high-voltage submarine cable on the Tyrrhenian Link
Paris
Installation at -2,150 meters
Funds for Spanish ports to adapt to the use of wind energy and other marine renewable energy sources
Madrid
Program with a total value of 212 million euros
CMD - Costruzioni Motori Diesel returns to wholly Italian ownership
Atella
Giorgio and Mariano Negri have acquired 67% of the capital held by the Chinese Loncin Motor Co.
Intesa Sanpaolo is financing the construction of three PCTCs for Grimaldi Euromed.
Milan
The new ships will be delivered later this year
Medlog acquires Australian intermodal operations of Seaway
Fremantle
The transaction will be completed within the first quarter of this year.
MIT has updated cybersecurity measures for national ships, ports and port facilities
Rome
A circular has been published which, among other things, introduces staff training
V.Group has bought the Danish company Njord
London
The company offers the shipping industry solutions for energy efficiency and decarbonisation
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
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
Spediporto's conference "Take opportunities navigating trade tensions" will be held in Genoa on December 1st and 2nd.
Genoa
It will be held at the Conference Hall of Banca Bper
››› Meetings File
PRESS REVIEW
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fire aboard the Majestic ferry in the Port of Genoa
Genoa
The flames were extinguished by the intervention of the on-board fire brigade and did not cause any injuries.
COSCO to acquire control of German logistics company Zippel
Hamburg
Agreement to acquire 80% of its capital
Colombo Port Sets New Annual Container Traffic Record
Columbus
Sri Lanka Ports Authority signs agreement with French shipping group CMA CGM
Viasat to exit British company Navarino's capital
London
ICG to support the Tsikopoulos brothers in reinvesting in the company
The Palau government ensures the full operation of the Naval Registry
Koror
Moses (BMT): Services continue to be provided in accordance with international procedures and standards
In the first nine months of 2025, freight transported on the Austrian rail network increased by +1.4%
Vienna
Growth of +4.9% was recorded in the third quarter alone
Saipem wins $425 million offshore contract to develop the Sakarya gas field.
The decree for the distribution of PNRR resources to interports has been signed.
Rome
The disbursement of 1.9 million euros is expected
Messina, a Genoese company, launches a new service to Algeria.
Genoa
The rotation touches the ports of Fos, Genoa, Barcelona, Algiers, Fos
FS Logistix is the first company in Europe to certify its carbon footprint for freight transport.
Rome
The FS group company has obtained ISO 14067 certification
WASS (Fincantieri Group) wins torpedo supply contract for Indian Navy
Trieste
Contract with a total value of over 200 million euros
FHP Intermodal will become operational on January 1st
Milan
FHP Group completes the integration process between its subsidiaries CFI Intermodal and Lotras
The Coral Adventurer cruise ship ran aground in Papua New Guinea.
Port Moresby
No harm to people on board
d'Amico International Shipping orders two new MR1 product tankers from Guangzhou Shipyard International.
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