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04 October 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
August 1, 2014
Sched Netweb site
  • MSC to call at Shanghai, Ningbo on 'Africa Express' from Asia
  • CMA CGM-Delmas and Maersk revamp two Asia-West Africa services
  • China plans controversial railway to India, Nepal, Bhutan by 2020
  • MSC and Hamburg Süd add Montevideo on 'Ipanema' service
  • UASC adds Far East-Northern Red Sea direct link through slot exchange with Evergreen
  • X-Press Feeders, Simatech start 4th Mideast Gulf-West India service
  • UASC challenges FMC rules governing 'controlled' carriers
  • US companies face risks as Latin American economies hit hard times
  • Savannah annual container volume increases 6.3pc to 3.14 million TEU
  • NYK annual fleet safety promotion conference draws 150 delegates
  • DHL becomes Chinese Football Association Super League sponsor
  • Volga-Dnepr moves 30-ton oil and gas shipment for Panalpina
  • DB Schenker flies 53 horses from Calgary to Liege for equestrian games

Exim Indiaweb site
JULY 31, 2014
  • Go cruising on a CMA CGM mega box vessel
  • Indian controlled ships will get preference over foreign ships to carry cargo, says fresh guidelines
  • MOL Ship Management earns certifications for energy, environmental management systems
  • National Waterways project could reduce goods transportation cost by over INR 4K cr. per year
  • Shipping sector gets ready for LNG as alternate fuel
  • Tighter boxship rules likely to be adopted by classification societies
  • Zim emerges as a reinvigorated company
  • Engineering exports up 24.15 pc in Q1, says EEPC
  • New FAO norms likely to boost rice exports
  • Rubber imports surge as car sales climb
  • Lines warn of delays at North American terminals due to US West Coast dock stir
  • Major Port corporatisation back on the agenda?
  • Mumbai Port berths large tanker
  • Exports policy under PM scanner
  • Govt to take a fresh look at PPP MCAs
  • INR plunges to 1-1/2 month low against dollar

Marine Logweb site
JULY 31, 2014
  • W&O Europe inks distribution agreement with Tube-Mac
  • Hydrex carries out underwater PBCF installation
  • HOS beats analysts' expectations
  • Shipyard De Hoop sea trials hybrid FSIV
  • Crowley opens Singapore project management office
  • Two BAE shipyards win Navy contracts

World Wide Shipperweb site
JULY 31, 2014
  • Boeing selects Charleston as 787-10 assembly location
  • Hamburg Sud opening office in Nanjing, China
  • DOT military waiver program now expanded to all 50 states
  • Ports America buying 30 percent of International Transportation Service
  • TOP Ships pulls registration statement with Securities and Exchange Commission

Lloyd's Listweb site
JULY 31, 2014
  • The view far over the VLCC horizon
    Owners should enjoy the near-term outlook, but keep an eye on the bigger picture
  • Angelicoussis increases VLCC order at Daewoo
    Greek owner finally clinches four vessels plus two options at about $95m each
  • GasLog Partners sees profit fall amid higher financing costs
    Company posts second-quarter profit of $2.4m from $8.4m for the same time last year
  • SCS Multiport links Zeebrugge with Tilbury
    Twice-weekly offering will set sail this Sunday
  • Seanergy reports zero revenues as it awaits capesizes
    Second-quarter results see shipless Greek owner looking to the future
  • Two-tier market spurs need for the newest VLCCs
    Maran's order unlikely to be the last this year
  • BG Group's Queensland LNG export project on track for first cargoes by year end
    News of Curtis Island shipments will come as a relief to carriers
  • Fleet update: Inactive fleet up to 1.4%
    Inactive fleet increases slightly on a week ago but lags behind 2013 levels
  • Rongsheng predicts much wider net loss in January-June
    Troubled Chinese yard continues dismal performance with falling revenues
  • Top Ships finds improved deal for newbuilding tanker trio
    MRs signed up with Stena Weco for at least three years as EShips steps aside
  • Speed flexibility the key for boxships
    The requirement for flexible and efficient ships will drive the need for energy recovery systems
  • Russian sanctions add to cross-border trade risks
    Little time to comply with new restrictions imposed by the west
  • Middle East refinery expansion boosts LR2 tankers to earnings high
    Saudi Arabia's Jubail refinery is already on stream and two more will come on line in the second half of this year
  • Pacific Basin posts $91m first-half loss on writedown amid a weak market
    Failure to sell PB Towage costs $63.9m in writeoffs and provisioning
  • Attractive Dorian LPG keeps suitors at bay
    VLGC owner Dorian has just made itself an even more interesting takeover target - but it has other plans
  • Ports America takes 30% stake in K Line's Long Beach and Tacoma terminals
    Deal grants port subsidiary more opportunities to receive ultra-large boxships
  • Grand China Shipping officers fined for shortcut across Great Barrier Reef
    Capesize Bulk Ingenuity tried to sail through environmentally sensitive area
  • NYK increases profits by 19% in first fiscal quarter
    Despite profit growth, NYK warns of difficult environment in most sectors
  • Baltic Trading's capesizes support rise in revenue
    But Genco-backed dry bulk operator's losses grow
  • K Line posts weaker first-quarter results
    Stronger performance in container shipping offset by lower dry bulk rates

Sea-webweb site
JULY 31, 2014
  • US sanctions North Korean shipping firms
    Sanctions have been imposed on two North Korean shipping companies that tried to smuggle military weapons from Cuba. The US Treasury Department sanctioned Chongchongang Shipping on 30 July, which is owned by the North Korean government, and Ocean Maritime Management. Chongchongang Shipping is the
  • Hong Kong's Jinhui issues profit warning
    Hong Kong-based dry bulk shipping company Jinhui Shipping has issued a profit warning, saying that the board expects the company to report a net loss for 1H14 in August, when its interim results are due. "The board wishes to inform the shareholders of the company and potential investors that, based
  • Progress reported on Antwerp reefers
    The port of Antwerp, one of Europe's major perishable-cargo hubs, has improved its performance on equipment provision for containerised reefer commodities. According to the latest report of the 'Plus 3 Reefer inspection' programme by Belgian reefer freight forwarder Foodcareplus, the proportion of
  • Box operator consolidates at Long Beach
    Ports America is buying a 30% stake in a rival Long Beach container terminal operator in a deal that both parties say will help them expand their box operations. The purchase of stock in ITS, announced on 31 July, will also allow ITS to handle ultra-large containerships. Ports America provides
  • Suez Canal deepening to begin
    A major dredging project that will deepen a 34km section of the Suez Canal's western channels by 1.2m to 15.8m is scheduled to get under way this week. "This project will allow giant container ships heading south to pass through these channels and reduce total transit time," the canal authority
  • Baltic Trading results fall short
    NYSE-listed Baltic Trading posted a greater than expected quarterly loss as dry bulk spot rates remained depressed. The Peter Georgiopoulos-chaired bulker owner reported a net loss of $5.7M for 2Q14 versus a loss of $4.6M in 2Q13. The loss of $0.10/share in the latest period compared to analyst
  • Acciona to sell Trasmediterranea
    Spanish infrastructure and energy group Acciona plans to sell its shipping subsidiary Trasmediterranea before the end of the year. Acciona corporate development officer Juan Muro Lara indicated that the group regarded the shipping company as a non-strategic asset and planned to sell it as part of
  • Pacific Basin in the red in 1H
    Hong Kong-listed Pacific Basin Shipping made a $90.7M loss during the first half of 2014, down from a profit of $300,000 for the same period last year. The figures were explained by a write-off and provision for its towage business, as well as the weak bulk freight in the second quarter, the company
  • Subsea7 reports strong interim results
    Subsea7, the London-based seabed to surface construction company that is listed in Oslo, has reported a marked improvement in interim results. The company launched a second $200M share purchase programme, the company said in two separate statements. Group net profit in 2Q14 amounted to $265M
  • HK crew fined for reef rules violation
    A bulk carrier at Abbot Point coal port in Australia has been detained for crossing the Great Barrier Reef without the required nautical charts. The second officer of Hong Kong-flagged Bulk Ingenuity was fined AUD85,000. The master was also fined AUD40,000,(USD116,000) Australian federal environment
  • Malaysia set to join MH370 seabed mapping
    Australia today released an updated map of the seabed survey area in the southern Indian Ocean where the missing Malaysian Airlines MH370 is suspected to have crashed. Two vessels - the Chinese PLA Navy vessel Zhu Kezhen and the Australian contracted Dutch specialised survey vessel Fugro Equator are
  • Hutchison Whampoa's port throughput up 1H14
    Hutchison Whampoa reported that its ports and related services division's throughput grew 5% year-on-year to 39.6M teu in the first six months of 2014. The revenues grew 2% y/y to HKD17.3Bn (USD2.2Bn),mainly due to throughput growth in all segments, the company said. EBITDA and EBIT increased 4% and
  • Japan's 'big three' post positive 1Q14 earnings
    Japan's 'big three' shipping lines posted positive earnings for the first quarter, which ended on 30 June. Mitsui OSK Lines (MOL) posted a net income of JPY8.5Bn ($83.1M) for 1Q14, lower than its 1Q13 net income of JPY12.9Bn ($126M), ending on 30 June 2013. Similarly, Kawasaki Kisen Kaisha (Kline)
  • MPA Singapore launches safety campaign
    Maritime Port Authority of Singapore (MPA) launched an industry-wide campaign today to promote a safety-first culture at sea. "Singapore is the world's busiest port in terms of vessel arrival tonnage, and is located along the vital shipping lane and one of the world's busiest waterways," said Andrew
  • MES, ClassNK to research engine monitoring system
    Japanese shipbuilder Mitsui Engineering & Shipbuilding is working with compatriot classification society ClassNK to develop a condition-based engine monitoring system for the Mitsui-MAN B&W diesel engines. The system aims to detect abnormalities in diesel engines to enable preventive maintenance.
  • RCL restructures Manila-Singapore service
    Thai feeder operator Regional Container Lines has restructured its Manila-Singapore (RMN) service, adding Philippine port Batangas to the rotation to circumvent congested Manila. The new RMN will service the weekly Singapore/Batangas/Manila/Singapore route with two 1,700teu ships. RCL will deploy
  • Ezion posts strong 2Q14 earnings
    Singapore-listed offshore services provider, Ezion Holdings (Ezion), recorded strong earnings for 2Q14, thanks to the deployment of additional units of the company's liftboat and service rigs. Ezion's 2Q14 net profit, ending on 30 June, rose 25.5% quarter-on-quarter to USD45.47 million from USD36.2
  • Bigger ships for Asia-South America trades
    Box ships for Asia-South America services are getting larger, according to Shanghai Shipping Exchange (SSE). Mega container ships, such as the 14,000teu ships, are now plying the Asia-Europe routes, while super post-Panamax fleet between 8,000teu and 14,000teu are deployed for Asia-South America
  • Qingdao Port Group and subsidiaries receive writ
    Qingdao Port Group, its Hong Kong-listed subsidiary Qingdao Port International, and subsidiary companies, have received a writ of summons and a notice of responses to action from the Qingdao Maritime Court. This relates to a complaint by Citic Australia Commodity Trading that it suffered a loss of
  • CSSC-SSE losses narrow in 1H14
    Shanghai-listed CSSC Steel Structure Engineering (CSSC-SSE)'s losses narrowed 11% year-on-year to CNY54.7 million (USD8.9 million) in the first half in 2014 due to lower losses incurred from its non-shipbuilding sector. Its revenues rose 7% y/y to CNY343.4 million during the same period due to
  • Pan Ocean books profit for 2Q14
    South Korean bulker company Pan Ocean has made a USD303 million profit for 2Q14, showing that its restructuring programme is progressing well. Formerly called STX Pan Ocean, the company went into receivership in June 2013 after incurring debts of over USD5 billion due to heavy investment during the
  • Maritime education initiative launched
    Singapore maritime dialogue, launched on 30 July, is set to promote maritime education and scholarship opportunities among students, while engaging them on key issues relating to the shipping industry. The dialogue is an idea of MaritimeOne, an initiative by Maritime and Port Authority of Singapore

The Journal of Commerceweb site
JULY 31, 2014
  • Appointment system helps APL clear LA terminal congestion
    Operations at the APL terminal at the Port of Los Angeles were back to normal this afternoon after several weeks of congestion that frayed the nerves of harbor truckers and tarnished the reputation of a terminal that had been considered a model of efficiency in the industry. The lessons to be...
  • Plan to protest arrival of Zim ships at Oakland postponed
    A group of pro-Palestinian activists will not be gathering en masse at Port of Oakland's Berth 57 on Aug. 2 to protest the arrival of ships belonging to the Israel-based carrier Zim Integrated Shipping Services, the group announced on its Facebook page. Protesters from a group calling itself Block the Boat...
  • NY-NJ port sets six-month cargo record
    The Port Authority of New York and New Jersey said port terminals handled record container lifts during the first half of 2014 despite winter storms that produced severe congestion during the year's first weeks. Containerized cargo volume through June totaled 1,583,449 container lifts of loaded containers of all sizes, up 5.4...
  • Target's Gabrielson named VP of transportation at Lowe's
    Rick Gabrielson, senior manager for import transportation at Target Corp., has been named vice president of transportation at Lowe's Cos. Lowe's spokeswoman Chris Ahearn said Gabrielson will begin his job on Aug. 18. He replaces Steve Palmer, who is retiring after 12 years as vice president of transportation. Gabrielson will be in...
  • European logistics giant Norbert Dentressangle expands in US
    Norbert Dentressangle's $750 million acquisition of Iowa-based Jacobson Companies not only gives the European logistics giant a larger footprint in a faster-growing economy but also one with more supply chain management outsourcing potential. The acquisition that will make the Jacobson the fifth-largest U.S. provider of logistics contract services will also allow...
  • LTL profits fueling expansion at Old Dominion, Saia
    The strength of the 2014 economic recovery isn't being questioned at Old Dominion Freight Line and Saia, two of the most profitable U.S. less-than-truckload carriers. As the U.S. economy expanded at a 4 percent rate in the second quarter, ODFL and Saia saw shipments and tonnage increase, driving revenue higher at...
  • Truckload rates, load ratios dropping
    DAT dry van and reefer spot rates have fallen for three weeks. Full-size chart Spot rates have remained high as the trucking industry recovers from a tough winter and works its way through a capacity tightening, but freight rates are starting to trend toward more typical levels. For the third straight week, both...
  • Echo Global Logistics lifts revenue target as truck capacity tightens
    After hitting record gross revenue and net revenue in the second quarter, Echo Global Logistics sees more opportunity in helping shippers secure space in an increasingly tightening market. In fact, it sees so much opportunity that the third-party logistic provider recently told investors that it expects to reach $2 billion in...
  • Con-way's profit jumps on growth in demand, higher rates
    The strengthening U.S. economy, a second-quarter surge in freight and higher rates boosted revenue and profit at Con-way's less-than-truckload, logistics and truckload divisions. Total revenue at the $5.5 billion transportation and logistics company climbed 8 percent year-over-year to $1.5 billion, with net profit rising 25.2 percent to $53.7 million. Menlo Worldwide Logistics...
  • MOL reports sharply lower 1Q container results
    Mitsui O.S.K. Lines Ltd. reported a sharp deterioration in its container-shipping financials for its fiscal first quarter ending on June 30th and said that rates during the remainder of its year would not recover to the degree it had projected. Container segment losses widened to 7.2 billion yen ($70 million) from...
  • Carriers cling to hopes of peak-season rate rises
    Interim result season is in full swing, and the financial reports reveal carriers in the container-shipping industry searching for a silver lining. Growing trade volumes on the major east-west routes have raised expectations of a solid peak season, and some lines are hoping that rates will rise along with demand. "Although the...
  • Acquisitions fuel surge in revenue at Roadrunner
    Roadrunner Transportation Systems reaped the benefits of an aggressive acquisition strategy in the second quarter, as truckload revenue soared year-over-year. Robust truckload and brokerage revenue helped compensate for weaker growth in less-than-truckload sales. Overall, Roadrunner increased revenue 38.6 percent year-over-year, or $128.3 million, to $460.2 million. Net profit increased by $800,000,...
  • US domestic carrier Horizon Lines sees volume up, but rates down
    Horizon Lines reported a 10.8 percent increase in its second-quarter container volume but said rates declined, largely because of growing competition on its Jones Act domestic trades. The carrier posted a $1.6 million net loss for its second quarter but said adjusted earnings before interest, taxes, depreciation and amortization increased 7.4...
  • Terminal operator Ports America buys stake in ITS
    Terminal operator and stevedore Ports America, with services in every major U.S. port, is expanding its footprint on the U.S. West Coast. The company purchased a 30 percent stake in International Transportation Service, a "K" Line subsidiary that operates in the ports of Long Beach and Tacoma. Ports America already works...
  • LA, Long Beach seek to balance expansion, capacity
    The ports of Los Angeles and Long Beach are aggressively expanding their cargo-handling capacity through multibillion-dollar capital programs, while at the same time being careful not to build excess capacity that will drive terminal operators' rates lower. The problem the nation's two largest container ports face is that automation is necessary...
  • China forecast to remain top US footwear source
    China will remain the clear leader in U.S. footwear imports even as Vietnam and other countries nibble away at its market share, according to a new forecast by the Footwear Distributors and Retailers of America. The association said China's 81 percent share of U.S. imports in 2013, measured in pairs of...
  • Lufthansa Cargo stays in the black as rivals stay in the red
    Lufthansa Cargo today posted another profitable quarter despite lower traffic and revenue, overcoming a weakening global air freight market that has trapped many of its leading rivals in the red. The German carrier booked an operating profit of €13 million euros ($17.4 million) in the three months through June, down 62...

TradeWindsweb site
JULY 31, 2014
  • Matson in the money
    Matson turned in a second-quarter profit Thursday that was in line with many Wall Street forecasts but a penny below analysts' consensus estimate.
  • Dorian shares dip
    A leading equity analyst is urging clients to accumulate shares of Dorian LPG (Dorian) on the heels of a drop that followed the release its second-quarter earnings report.
  • All eyes on ethane
    Enterprise Product Partners (EPP) made waves Thursday after lining up another long-term contract for an ethane terminal under construction on the Houston Ship Channel.
  • Fit for a king
    Efforts to maintain the size of Heidmar's VLCC pool seem to be bearing fruit thanks in part to what appears to be renewed support from co-owner George Economou.
  • AET will not lighter
    Malaysian tanker owner AET has extracted itself from the US legal wrangle over Kurdish oil claimed by Iraq on a Greek owned tanker.
  • Investor revealed
    12 West Capital has emerged as the US investment fund that injected $40m into Diana Containerships this week.
  • Diana bags Bunge deal
    Diana Shipping has tied up period work with Bunge for one of its panamax bulkers.
  • Kirby up in busy Q2
    Kirby Corp has posted a strong set of second quarter numbers in which it continued to grow its fleet.
  • GasLog Partners profit falls
    But ambitious newly listed LNG carrier owner highlights higher ebitda numbers as it talks of expansion.
  • Daiichi brightens projections
    Daiichi Chuo has lowered its loss projections for the full year after reducing its red ink in the first three months of its financial year.
  • Towage hurts Pac Basin
    A write-down on its towage business has helped push Pacific Basin Shipping to a loss of $90.7m for the first half of the year.
  • Jinhui heading for loss
    Leading supramax owner warns that weaker than expected freight market will result in red ink on the books.
  • 'Triumphant Return' to Diaoyu Islands
    A Chinese rig is said to be headed for disputed waters in the midst of naval exercises.
  • Rongsheng fires warning
    Troubled shipbuilder Rongsheng Heavy Industries has braced investors for a loss in the first half of 2014.
  • Maran VLs confirmed
    John Angelicoussis has placed an order for four VLCCs at South Korea's DSME, the shipbuilder confirms.
  • NYK profit soars
    Profit of the biggest of the Japanese shipping groups soared almost 20% in the first quarter as cargo volumes increased.
  • MOL slices forecast
    Japanese owner lowers full-year projection after booking smaller Q1 profit.
  • Heavy discount for Cosig shares
    Shipbuilder Jiangxi Jiangzhou is raising cash to expand into financial leasing and add capacity.
  • Fresh work for Top trio
    Top Ships has secured period contracts for three of its vessels after existing charters with Emirates Ship Investment Company (EShips) were cancelled.

American Shipperweb site
JULY 31, 2014
  • Garamendi bill seeks to promote export of LNG on U.S.-flag ships
  • Truck rates continue to fall
  • Japanese container business suffers from overcapacity, low rates
    Japan's three largest shipping companies - NYK, MOL, and "K" Line - reported mixed results for the fiscal first quarter, which ended June 30 for each of the companies.
  • Infrastructure fund eyes Maher Terminals
    Deutsche Bank recently put Maher on the sales block. Maher operates the largest terminal in the Port of New York and New Jersey, as well as the Prince Rupert intermodal container terminal on the West Coast of Canada.
  • Treasury sanctions North Korean shipping companies
    "The Chong Chon Gang episode, in which the [North Korean government] tried to hide an arms shipment under tons of sugar, is a perfect example of North Korea's deceptive activity," according to a Treasury official.
  • Congressman asks for review of Gulftainer-Port Canaveral deal
    Hunter said Gulftainer is owned by Crescent Enterprises, based in the United Arab Emirates, and that the deal with Port Canaveral "marks the first time a Middle Eastern company will fully operate a U.S. cargo terminal."
  • Ports America to acquire 30% of "K" Line's U.S. terminal subsidiary
    The two companies will introduce and utilize Ports America's expertise, technology and safety programs at ITS gate, yard and vessel operations, and seek to expand its container terminal business.
  • Redwood City port boasts 19% cargo increase for year
  • UPS hits green targets ahead of schedule
  • Virgin Atlantic adds lightweight containers
  • Old Dominion set operating ratio record in Q2
  • Crowley's project services established in Singapore
  • FMC reviews 6 OTI license applications
  • Executive moves

The Bunker Bulletinweb site
JULY 31, 2014
  • European player targets LNG bunker market
    Initially plans to offer truck-to-ship bunkering services at two French ports.
  • Avails tight in Rotterdam
    Crude values falling in Thursday trading.
  • Prices soft in Fujairah but firmig in South Africa
    Suez: 380 cSt material showed sharp gains
  • Fuel oil stocks climb by 3%
    Data shows Singapore's imports and exports slowed week-on-week.
  • Risk managment policies a success, says WFS
    Bad debt expenses have been kept below $3 million.
  • Singapore avails 'generally fine'
    Average demand seen in Singapore.
  • Vessel duo under arrest in Singapore
    Reasons behind detentions not known.
  • APEC to promote LNG bunker fuel
    Better understanding of new fuel sought.
  • Boxship owner reports Q2 profit plunge
    Company has plans to continue eco buys.
  • Baltic LNG bunkering project wins EU support
    EU to fund half of facility costs.
  • Greek shipowner in new vessel buys
    Contract includes option of LNG engine upgrades.

›››File
FROM THE HOME PAGE
In August, freight traffic in the port of Ravenna grew by +10.9%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
Federlogistica has established its own representation in the Iberian Peninsula
Genoa
It will support Italian entrepreneurs operating in Spain
Boluda acquires Royal Boskalis' towage and salvage operations in Australia and Papua New Guinea.
Valencia
Transaction valued at $640 million
ESPO urges IMO States to formally adopt the Net-Zero Framework
Brussels
The association also urges the EU Commission to align European standards
The Port of Los Angeles plans to build a new container terminal.
Los Angeles
Invitation to submit expressions of interest
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
Geneva
The most significant growth in PLSCI was recorded by the port of Savona-Vado Ligure (+53.7%)
ONE will not charge surcharges for new US taxes on Chinese ships
Singapore
They will be applied starting from October 14th
Fincantieri and Aeronautical Service sign agreement for the use of composite materials in the naval, civil, and military sectors.
Trieste
Genoa Port Terminal concession renewal approved until 2054
Genoa
The terminal's operating conditions have been redefined, bringing them back to the multipurpose function, in compliance with the ruling of the Council of State and the PRP
PSA Italia-Logtainer and Rail Hub Milano-Medlog have submitted offers to manage the Interporto Padova intermodal terminal.
Padua
Cargo traffic in Chinese seaports increased by 4.5% last month.
Beijing
Containers amounted to 27.7 million TEUs (+6.8%)
The Netherlands is referring to the Court of Justice of the European Union the question of whether to entrust seafarers or dock workers with the lashing operations on smaller container ships.
In the second quarter, container traffic handled by Eurokai terminals grew by +16.4%
Hamburg
Significant growth of 16.1% in Germany. In Italy (Contship), volumes increased by 5.2%.
China enacted regulation in response to US taxes on Chinese-owned and -built vessels
Beijing
The new rules include the possibility of introducing similar countermeasures
New attack on ships transiting the Gulf of Aden
Southampton
UKMTO announced that a fire broke out on a vessel hit by a shell
Le Aziende informanoSponsored Article
ITS Costruttori, il corso di alta formazione per entrare nel mondo di Fincantieri
Carnival closes its best quarter ever
Carnival closes its best quarter ever
Miami
The American cruise group announces a further strengthening of the growth trend in bookings
Marella Cruises sells Fincantieri slots for two new cruise ships to TUI Cruises.
Hannover/Trieste
With a gross tonnage of 160,000 tons, they will be larger than the units originally planned
GNV-Portitalia bridge agreement on lashing operations in the ports of Palermo and Termini Imerese
HMM will not introduce surcharges for new US taxes on Chinese ships
Seoul
The company will not modify scheduled services that stop in the United States
GATX Rail Europe signs sale-leaseback agreement with DB Cargo to purchase 6,000 railcars
Vienna
The transaction will be completed by the end of this year.
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
Bremen
Miscellaneous cargo is growing. Bulk cargo is declining.
India launches nearly $8 billion package to support its shipbuilding and maritime sectors
New Delhi
Shipyard production capacity expected to increase to 4.5 million gross tonnage per year
In the second quarter of this year, freight traffic in French ports fell by -0.4%.
Paris
Dry bulk and rolling bulk trades are declining. Container and liquid bulk trades are growing.
Antin Infrastructure Partners to acquire UK's leading marina operator
Paris/London/New York
It will take over ownership from British private equity firm LDC
Royal Caribbean agrees with Meyer Turku to build Icon ships for a decade
Miami
Order confirmed for a fifth Icon cruise ship and option placed on a seventh unit of the same series
Maersk announces it will not apply surcharges for new US tariffs on Chinese vessels
Copenhagen
The company assures that it will not make any changes to its services
Cochin Shipyard and KSOE enter into strategic collaboration in shipbuilding sector
New Delhi
The creation of approximately two thousand direct jobs is expected
DHL will resume freight shipments from Germany to the United States for corporate customers.
Bonn
They had been suspended due to the removal in the USA of the "de minimis" threshold for goods with a value of less than 800 dollars.
World Business Council for Sustainable Development Statement in Support of the IMO Net-Zero Framework
Ancona: Tax fraud in the shipbuilding sector
Ancona
Over €2.3 million in non-existent tax credits seized
CMA CGM buys British rail freight operator Freightliner
Birmingham
The transaction will be completed in early 2026
Containerized cargo at the port of Algeciras decreased by -9.4% last month
Algeciras
The 20-foot containers handled were 399 thousand (-0.7%)
Italferr participates in Europe's largest railway electrification contract
Rome
Activities within the Rail Baltica project
Freight traffic increased in the ports of Barcelona and Valencia in August
Barcelona/Valencia
In the first eight months of 2025, decreases of -1.6% and -0.3% respectively were recorded
In the June-August quarter, FedEx express courier revenues increased by +3.1%
Memphis
An average of 16.8 million express shipments were handled per day (+3.5%)
Breakthrough in the exploratory tunnel of the Brenner Base Tunnel
Milan/Rome
At 64 kilometers, it will be the longest underground railway connection in the world.
Tender launched for privatization of Croatian shipyard 3. MAJ Rijeka 1905
Zagreb
The starting bid is 6.66 million euros.
To decarbonize, shipping should join forces with other hard-to-abate sectors
London
This is highlighted by a report by Accelleron which believes that a critical mass of demand is necessary to overcome a stalemate phase.
COSCO Reassures Customers on Impact of New U.S. Tariffs on Chinese Vessels
Shanghai
We - the Chinese company assured - will maintain competitive freight rates and surcharges.
Shipping is still far from the target of 5-10% of fuel used coming from scalable, zero-emission sources by 2030
Copenhagen
The need to introduce incentives was underlined
Spain's Boluda acquires Transfesa's intermodal rail freight services.
Valencia
The agreement also includes industrial services, railway maintenance and shunting activities and intermodal terminals.
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Baku
Agreement with the Azerbaijani oil group SOCAR
German and Austrian trailer manufacturers challenge EU regulation to reduce truck environmental impact
Berlin/Brussels
They denounce that its application leads to an increase in traffic volumes and therefore emissions.
The Venice Marghera station has been equipped with a track compliant with European TEN-T standards
Venice
A 740-meter freight track has been opened.
World Shipping Council introduces Cargo Safety Program to prevent ship fires
Washington
It is based on artificial intelligence and traditional goods inspections
Rheinmetall to enter naval shipbuilding sector by acquiring Naval Vessels Lürssen
Bremen
Lürssen Group to focus on megayacht production
The British government is investing half a billion pounds to reduce shipping emissions.
London
Private investments of 700 million expected
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
Cairo
In the first seven months of 2025, a decrease of -10.2% was recorded
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
Port of Livorno: Protests over Gaza must not block operations.
Livorno
The members of the Partnership Body highlighted the need for it to be accessible to all vessels
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
GNV, agreement with Sicilian terminal operator Portitalia is positive.
Genoa
The company specified that the aim was exclusively to temporarily supplement the tariffs.
Two days of work with ESPO in Rome on the Mediterranean and European ports
Rome
Meetings organized by Assoporti
In 2024, 112 million counterfeit items were seized in the European Union.
Brussels
Record estimated value of 3.8 billion euros
Strikes and protests in ports, request for information from the Guarantor
Rome
Request for information from prefects, port authorities, and port authorities
Danaos Corporation has ordered two 7,165 TEU containerships from Dalian Shanhaiguan.
Athens
They will be taken into delivery in the third quarter of 2027
In the second quarter, freight traffic on the Austrian rail network fell by -1.4%.
Vienna
Only domestic traffic is growing
ALS (FBH Group) has acquired 80% of Trans World Shipping and Moda Express of USA.
Rozzano
The two companies have 500 employees and are active in Italy, France, the United Kingdom and the United States.
Circle's revenue increased by 62.1% in the first half of 2025
Milan
Net profit of over 1.0 million euros (+1.8%)
A Ukrainian delegation hosted by the Northern Tyrrhenian Sea Port Authority
Livorno
Cooperation in the field of training and safety at work in ports
The EIB is financing Phase A of Genoa's new breakwater with €300 million.
Luxembourg
The total investment is 937 million euros
This summer, GNV ships carried 1.7 million passengers (+9%)
Valencia
In the next few days the company will take delivery of "GNV Virgo", the first LNG-powered vessel
The project for the expansion, safety improvements, and extraordinary maintenance of the port of Pozzallo has been presented.
Pozzallo
It provides for the construction of the breakwater arm
Fincantieri delivers the new Star Princess cruise ship to Princess Cruises
Monfalcone
It has a gross tonnage of 177,800 tons and a capacity of 4,300 passengers.
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
Filt Cgil calls on port administrators and businesses to join the action against the Palestinian massacre.
Rome
This burden – the union highlighted – cannot be placed solely on the shoulders of dock workers.
The agreement between the Italian Merchant Marine Academy Foundation and the NATO Center in La Spezia has been renewed.
Genoa
The collaboration signed in 2023 has been confirmed
Fischer & Rechsteiner and Gimax International acquire BCUBE's Freight Forwarding business.
Genoa
The completion of the transaction is expected in the next few days
Fermerci outlines a dramatic scenario for the European rail freight transport sector
Rome
Rizzi: There is a real risk of a shift towards exclusively road transport.
Eni completes the sale of a 30% stake in the Baleine project in Ivory Coast to Vitol.
San Donato Milanese
The field was discovered in 2021 and production started in 2023
Sogedim opens a new branch in Modena
Mesero
Initially, the activity will be dedicated exclusively to UK export traffic and will then extend to other European markets.
The new PCTC Grande Svezia has joined the Grimaldi Group's fleet.
Naples
It has a maximum capacity of 9,000 ceu
The Cagliari City Council approves its opinion on the Sardinian Ports Development Plan.
Cagliari
Green light unanimously
The railway sector contributes 1.4% of the European Union's GDP.
Brussels
Study commissioned by CER
In the port of Naples, the Coast Guard has detained the bulk carrier Tanais Dream.
Naples
Serious irregularities found on board
Agreement to accelerate the implementation of robotics in Fincantieri's production processes
Trieste
It was signed with the Friulian Idea Prototipi
Sergio Liardo is the new general commander of the Port Authority Corps - Coast Guard
Rome
He takes over from Admiral Nicola Carlone
DBA to supply new Terminal Operating System for Georgia's Batumi Port
Villorba
The project includes all phases of development, testing and operational testing
Attack on a ship in the Gulf of Aden
Portsmouth
The captain reported hearing an impact in the water and an explosion
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Danilo Ricci has been appointed managing director of Tarros Line.
La Spezia
He has held various positions in Italy and abroad within the group
Permanent discussion table between Confindustria Nautica and Federagenti
Genoa
This is provided for in an agreement signed today in Genoa
In the first half of 2025, cruise traffic in Italian ports grew by +6%
Venice
The twelfth edition of Italian Cruise Day will be held in Catania on October 24th.
SAL Heavy Lift buys two semi-submersible vessels from Pan Ocean
Hamburg
They were built in 2008 and 2012
30% of Sangritana Cargo will be acquired by the Marche-based company Transadriatico
The Eagle
The sale will be completed in the next few days
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
Forum on economic and logistical integration between Ligurian ports, the Northwest manufacturing area, and Switzerland
DEME orders new cable-laying vessel from Singapore-based PaxOcean
Beveren-Kruibeke-Zwijndrecht
It will be built in the Chinese shipyard of Zhoushan
Assoporti will meet at RemTech EXPO 2025 to discuss the green transition in Italian ports.
Ferrara
The Smart Ports Award was awarded to three Port System Authorities
The first shipment of Syrian oil in 14 years arrives at the port of Trieste.
London
Part of the cargo - S&P Global Commodity Insights reports - was unloaded at the Sardinian terminal of Sarroch
In August, freight traffic in the port of Taranto grew by +20.3%
Taranto
The ferry "Drea" was also rejected by the Apulian port, where however it is temporarily stopped
Container traffic at the Port of Los Angeles remained stable in August.
Los Angeles
Volumes expected to decline in the remainder of 2025
Meeting between the port authorities of Jacksonville and Livorno
Livorno
Among the objectives, to start one or more direct services between the two ports
Italian State Railways and ENAC sign an agreement for the use of drones in infrastructure monitoring.
Rome
They will also be used to fly over sections of the railway and road network that would otherwise be difficult to monitor.
A.SPE.DO, the port of La Spezia is essential to ensuring employment, development, and a future for the local economy.
La Spezia
Landolfi: We cannot afford to underestimate its value.
The MIT meets with the heads of the Italian AdSPs
Rome
Meeting on the government's strategic vision for the sector and port reform
Yang Ming orders Hanwha Ocean Co. to build seven 15,880 TEU container ships
Keelung
They will be delivered between 2028 and 2029
Over 40 expressions of interest have been received for the development of the Ukrainian port of Chornomorsk.
Kiev
Today the first meeting of the tender commission
The first commercial ship is expected at the public dock in Largo Trattaroli in Ravenna.
Ravenna
The car carrier "AICC Huanghu" is coming soon
Container traffic at the Port of Long Beach decreased by 1.3% last month.
Long Beach
Empty containers are increasing. Full containers are decreasing.
Assiterminal's Terminal Road Show is starting
Genoa
Cognolato: We want to strengthen our ties with local communities and territories.
Assoporti, the Italian ports' cruise offerings presented at the Seatrade Europe fair.
Hamburg
Giampieri: We are leaders in the Mediterranean area and in Europe
Commander Claudio Tomei, USCLAC president from 2012 to 2024, has passed away.
Viareggio
His strong commitment to improving the working conditions of Italian seafarers
In the first quarter of 2025, cargo traffic in Greek ports grew by +1.4%
Piraeus
Passengers down by -1.1%
HD Hyundai Samho Orders Four New Container Ships
Seoul
Order worth approximately 468 million dollars
Trieste: Fraudulent bankruptcy in the shipbuilding sector
Trieste
Investigation into a company based in Palermo
Container traffic in the port of Hong Kong fell by 7.4% in August.
Hong Kong
In the first eight months of 2025 the decline was -3.8%
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
Container traffic at the port of Singapore continued to decline in August
Singapore
Total volume of goods increased by +1.1%
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
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 seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
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