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Independent journal on economy and transport policy
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BRIEFS
March 3, 2014
Sched Netweb site
  • OOCL hikes southeast Asia-Australia rate US$200/TEU from April 1
  • MOL offers two intra-Asia Qingdao-Manila/Bangkok services with RCL
  • Hutchison Port Holdings profit off 4pc to US$953 million, revenues up 4pc
  • Work to resume 'normal pace' on locks under 'conceptual' Panama pact
  • CSAV stung by US$8.9 million US fine for rigging ro-ro rates
  • Evergreen looks to new ways to develop wider role in new CKYHE
  • Fujian Customs and quarantine sector tie up to enhance efficiency
  • Alashankou's January trade cargo falls 10.1pc to 2.28 million tonnes
  • Felixstowe port adds US$2.50 charge on truck calls from noon to 5pm
  • Philippines Supreme Court backs company in seafarer disability case
  • Goodman leases 54,880 square metres for new Alibaba DC in Suzhou
  • Maritime insurers UK P&I Club sees business increase in 2014 renewals
  • China's 2013 air cargo and mail rises 2.4pc 5.06 million tonnes
  • DHL and Etihad Cargo increase connectivity through the Middle East
  • Emirates to create cargo corridor between 2 airports and Dubai port

Exim Indiaweb site
APRIL 28, 2014
  • Agreement reached to increase ILO minimum wage for the able seafarer
  • ICS Chairman praises IMO efficiency at World Ocean Summit
  • MOL signs deal to build, charter new LNG carrier
  • NYK report receives Special Achievement Award at 2013 Nikkei Annual Report Awards
  • SAL, Sai Maritime load reactors in record time at Mumbai Port
  • SCI's Annual Worldwide Agents Meet 2014 from today
  • Cotton exports likely to reach 10 m bales this year
  • Essar imports more crude, while RIL cuts inward shipment
  • Exports of wheat, rice & corn may drop by 29 pc in 2014-15: USDA
  • Import - Export Code (iec) number explained
  • Imports of natural rubber up during Apr.-Jan. 2013-14
  • India emerges largest shrimp exporter to US
  • MSME Ministry seeks tax relief in FTP to boost exports
  • Textile exports may fall short of target
  • Bhushan Patil elected JNPT Labour Trustee for eighth consecutive time
  • N. N. Kumar appointed Chairman of JN Port
  • Fag-end rally helps rupee close firm at 61.80
  • Forex reserves drop by $ 383.7 m to $ 293.40 bn
  • Govt clears projects worth Rs 16k crore
  • Lanco Infratech bags INR 3,960 cr. order from TN
  • NTPC to increase its presence in MP
  • Shashi Kiran Shetty bestowed with 'Business Leader of the Year' award

International Transport Journalweb site
  • Fleet integration programme for grain shippers
  • DNV GL opens Asia Pacific HQ in Singapore
  • Two engineering awards for CSX tunnel project
  • Gulf Air returns to Teheran today
  • WCI dropping further
  • Victron Energy opens new warehouse in Spain
  • UNIFE welcomes work on fourth railway package
  • Avianca returning to London
  • Stena expanding on Irish-French route
  • K Line launches new Jaseco services
  • UK: Freight Movement in Wales expands fleet
  • Operations start at new Deichmann distribution centre
  • Mit der Schiene auf gutem Kurs
  • JAL further reduces fuel cargo surcharge

World Wide Shipperweb site
APRIL 28, 2014
  • Trucking group disrupting Port Metro Vancouver operations
  • Washington Ecology Department praises Port of Vancouver cleanup effort
  • U.S. rail freight traffic climbs during week
  • Port of Port Angeles seeking advisory committee applicants
  • Panama Canal Authority reaches deal for expansion work

Lloyd's Listweb site
APRIL 28, 2014
  • Quijano confirms three-month delay to enlarged Panama Canal
    Waterway pushes back commercial transit start date to the first quarter of 2016
  • GasLog seeks secondhand tonnage as energy firms divest and small players fold
    Company braced for LNG consolidation on posting strong annual results
  • Company results round-up
    Free to read: Keep up to date during the earnings season with our daily summary of financial reports
  • Höegh LNG slides into the red
    Weakening liquefied natural gas shipping market claims another casualty
  • BW LPG exercise options for two VLGCs
    Gas shipping company eyes growth in shipping US propane and butane
  • Golar bearish about short-term LNG shipping prospects
    Fredriksen gas carrier pulls no punches as its income slides
  • Eitzen Chemical hits a high as losses shrink
    Owner expects further improvements in chemtanker market
  • Scorpio Bulkers nets a new loan for four newbuildings
    Lauro-led outfit also announces new charter-in agreements
  • Busan offers discounts to green ships
    South Korean port adopts Environmental Ship Index as benchmark
  • See-saw ride for capesizes
    Rates have come up strongly, but should stay within today's range throughout the week
  • Eimskip pushes back newbuildings' delivery a second time
    Icelandic carrier says delay will not affect services as it posts operating profits down 9%
  • Asia-Europe rates slide again
    Prices slip by more than $100 week on week
  • Turkish ship recycler moves closer to European approval
    ISO certification positions Aliaga to meet Brussels' stricter standards
  • Tokyo Gas-backed orders signal Japanese rush to buy US LNG
    MOL and NYK book new tonnage at Japan Marine United
  • Pile them high
    As boxships get bigger, owners must rethink the way they stack cargo on board
  • Maersk Tankers seeks a way out
    Product segment has promise but can AP Moller-Maersk arm fulfil its potential?
  • Top five most-read stories
    Free to read: Friday February 27
  • Hutchison Port Holdings reports a 4% drop in annual operating profits
    Higher depreciation costs weigh down on earnings
  • Oldendorff reveals 68 firm newbuilding orders
    Dry bulk operator expects up to 80 vessels to join its fleet in the next four years
  • DFDS benefits from recovery in northern Europe
    Ferry and ro-ro operator posts a $64m pre-tax operating profit for 2013
  • Panama Canal work 'to regain normal pace'
    Canal authority and contractors table a conceptual agreement to finish the third locks
  • The Week on Wall Street | February 28
    Free to read: the first OSG lender legal challenge, Matson Shipping, Diamond S and overordering in the tanker market
  • CSAV pleads guilty to US price-fixing charge and agrees to pay $8.9m
    Chilean line is the target for the first charges filed by antitrust agency in shipping probe
  • CSAV shareholders to vote on Hapag-Lloyd merger
    Extraordinary shareholders' meeting scheduled for March 21

Fairplayweb site
APRIL 28, 2014
  • NSB considers conversions
    NSB Niederelbe Schiffahrts - one of Germany's biggest charter container shipowners - is plotting a major ship conversion scheme in a bid to escape the slump in period rates for Panamax boxships.
  • Woodside signs LNG deal with Korea Gas Corp
    Korea Gas Corp (KOGAS) will buy 2.2M tonnes of LNG from Australia's Woodside over the next three years, Woodside announced today.
  • Danish Ship Finance impairment losses narrow
    Danish Ship Finance (DSF), the privately owned Copenhagen-based shipping bank, has reported a sharp narrowing of loan impairment charges and subsequently a significant increase in net profit.
  • MacGregor buys Deep Water Solutions
    Finnish onshore, offshore, and maritime load handling equipment maker Cargotec has announced that its MacGregor business unit has bought Deep Water Solutions (DWS) of Kristiansand, Norway, for an undisclosed sum.
  • Hoegh LNG dives to 2013 loss
    Hoegh LNG has reported a loss for both the final quarter of 2013 and the full year, and has warned that the sector is likely to face several challenging years because of excess capacity.
  • Box rates spiralling down
    Freight rates for container liftings ex Far East continued to drop fast this week ahead ahead of renewed rate restoration attempts by liner operators.1083671.timg
  • Panama Canal compromise reached
    A deal has been reached to complete the Panama Canal's third set of locks, although the debut of commercial operations will be delayed until spring 2016.1482282.timg
  • Speeding caused VLCC to crash into pipeline
    The Korea Coast Guard has announced that a Singapore-flagged VLCC was going too fast when it came into contact with GS Caltex's three pipelines in Yeosu last month.
  • STX O&S in further debt-to-equity swap
    Beleaguered South Korean shipbuilder STX Offshore & Shipbuilding will issue 756.5M new shares to its creditors in a further debt-to-equity swap.

The Journal of Commerceweb site
APRIL 28, 2014
  • SCFI Asia-Europe Rates Showing 'Rapid Decay'
    Shanghai Containerized Freight Index, North Europe, week ending Feb. 28, 2014. Full-size image Spot container freight rates from Shanghai to northern European and Mediterranean ports fell about $120 per TEU in the week of Feb. 28, continuing a downward trend that started in the second week of January and marking the lowest...
  • JOC Truckload Capacity Index Drops to New Low
    The JOC Truckload Capacity Index dropped to 79.8 in the fourth quarter - its lowest reading yet - as several large truckload fleets continued to reduce their tractor count in late 2013. The index fell after climbing in the previous two quarters from 79.9 to 81.9. The index, based on actual...
  • CSAV Pleads Guilty to Ro-Ro Price-Fixing Conspiracy
    CSAV has agreed to plead guilty and pay a criminal fine of $8.9 million for its involvement in a conspiracy to fix prices, allocate customers and rig bids of international shipping services for roll-on, roll-off cargo, to and from the U.S. and elsewhere, according to the U.S. Department of Justice. The...
  • Panama Canal Locks Delayed Again Under New Contractor Pact
    The deadline for completing the $5.25 billion Panama Canal's expansion project has been postponed by another three months, to early 2016, under a tentative refinancing agreement between the Panama Canal Authority and the engineering consortium that is building the new locks. The verbal refinancing agreement, which contracting consortium Grupo Unidos por...
  • Vancouver Unionized Truckers to Hold Strike Vote March 1
    Port Metro VancouverUnifor-Vancouver Container Truckers' Association says it will hold a strike vote on March 1 that could result in its members joining hundreds of other truckers who walked off the job at Port Metro Vancouver on Feb. 26. Members of Unifor-VCTA, which is British Columbia's largest union representing container truckers,...
  • Storms Drive US Spot Truckload Rates Higher
    U.S. spot market truckload rates remain unseasonably high, propped up by a combination of higher demand and supply chain disruptions caused by continuing severe winter weather in parts of the country. The DAT average national dry van spot market rate rose to a new peak of $1.98 per mile in...
  • Airports Boosting Investment in the Cold Chain
    On a recent day in mid-December, two 747 freighters flew into MidAmerica St. Louis Airport loaded with 250,000 pounds of Chilean blueberries. Just days later, another 160,000 pounds of the fruit landed at the airport. For MidAmerica, which has ambitions of becoming an air cargo hub for perishables, it was the...
  • Ocean Carrier Rate Revision Roundup for Feb. 28
    Multiple container lines hope to increase rates in a variety of trade lanes from March through June, although any hikes achieved could be fleeting, as overcapacity continues to negatively impact carriers' control of pricing. JOC's TPM 2014 conference, which kicks off on March 2, will feature discussions of volatility in the...
  • New Rail Services Give Perishables Shippers Options
    New and expanding refrigerated rail services are delivering new options for smaller food shippers who soon could be left out in the cold by western railroads as thousands of 50-year-old mechanical boxcars are retired in the coming years. "Over the next decade or so, there is a real wall coming up...
  • With ILWU Talks About to Heat Up, Shippers Weigh Options
    Li & Fung Logistics isn't waiting for the worst-case scenario. The logistics division of Hong Kong-based sourcing giant Li & Fung - and other cargo owners like it who ship through the U.S. West Coast - will be watching closely over the next four months as the International Longshore and...
  • Q&A: By Whom the Bill Is Paid
    Q: I hope you can provide me with some guidance on this. A carrier has these rules. They do not recognize Section 7 on any bill of lading as stated in the rules tariff. I have encountered situations described in B and C quite a few times, but A not so...
  • Nehru Port OKs PSA's Bid for Fourth Container Terminal
    Global port-terminal operator PSA International has been selected to build and operate the long-delayed fourth container terminal at Jawaharlal Nehru Port, India's largest container hub, through a public-private partnership development scheme. "The board of trustees at a meeting on Feb. 26 approved PSA's bid and agreed to issue a formal letter...
  • Massive Container Terminal Considered for Malaysia's Port Klang
    A planned new container facility at Port Klang will offer 30 million TEUs of extra capacity, according to government ministers. A new port of such size would significantly up the competitive ante against rival operators at Tanjung Pelepas, Maersk's South East Asia hub, and PSA's vast terminal complex at Singapore, as...

TradeWindsweb site
APRIL 28, 2014
  • Golar seeks refinancing
    Golar LNG Partners said it is in talks to refinance an $84.5m loan backed by an eight-year-old LNG carrier.
  • Golar beats estimates
    Golar LNG has reported a group-wide decline in operating income, although both of its New York-listed companies beat analyst expectations.
  • Rescue called off
    The US Coast Guard has called off the search for a missing solo mariner after a tanker and pure car carrier diverted to help the rescue efforts.
  • Olympic fixes newbuilds
    Olympic Shipping has picked up contracts for a pair of subsea support newbuildings.
  • FRNT's cape IPO carrot
    Frontline 2012's long anticipated initial public offering (IPO) for its capesize fleet has added another carrot for investors in John Fredriksen's flagship company, analysts say.
  • Arison to pocket $400m
    Micky Arison stands to pocket around $400m from the sale of slice of cruiseship owner Carnival Corporation.
  • Klaveness profit triples
    Torvald Klaveness tripled its earnings in 2013 as it cut operating costs despite a bigger fleet.
  • FSL gets breathing room
    First Ship Lease (FSL) has reached a agreement with lenders to relax loan covenants until the end of the year.
  • Crews win pay rise
    Shipping companies and the ITF union have agreed a pay hike for crews worth 4.95% by 2016.
  • Flex pressing ahead
    Flex LNG is biding its time on a potential merger or asset sales as it focuses on finding finance and charters for its Samsung newbuildings.
  • SALT bulks up
    Scorpio Bulkers has moved quickly to add to its fleet of chartered in vessels and tied up financing for four newbuildings under construction.
  • Ardmore ups the ante
    Ardmore Shipping has increased its proposed share sale as it revealed it is on the hunt for resales and modern second-hand products tankers.
  • Diamond Geezer
    TradeWinds digests the digits making the headlines this week.
  • Suitcase financing
    We take a look at what was said in the market over the past week.
  • Eitzen Chem keen to buy
    Norway's Eitzen Chemical is still trying to find new cash streams to built its business, but recent debt sales have "created a new dynamic" in the process, it said.
  • GasLog in strong finish
    GasLog has reported a strong set of fourth quarter results which came in clear of Wall Street forecasts.
  • Tallink raises its sights
    Baltic ro-pax group Tallink has seen annual earnings fall, but an improved fourth quarter result has left it positive for 2014.
  • Wisdom adds two more
    Taiwan's Wisdom Marine has increased its big orderbook in Japan with two more 81,700-dwt bulkers.
  • DFDS launches buy-back
    Danish shipowner DFDS is rewarding investors through a buy-back scheme worth DKK 200m ($40.67m).
  • DFDS does better
    Danish ro-ro owner DFDS is still looking to make acquisitions after posting better profit for 2013.
  • Subsea 7 in $75m win
    Norway's Subsea 7 has won a $75m subsea contract with oil heavyweight ExxonMobil in Canada.
  • Sales hurt NOCC
    Norwegian Car Carriers (NOCC) fell to a deeper loss in the final quarter after scrapping two vessels.
  • PB to slow record growth
    Pacific Basin Shipping plans to slow down its record expansion pace in the face of rising asset prices and the filing up of shipyard slots in Japan.
  • CSAV slashes loss
    A tax gain has helped Chilean container line CSAV cut a large chunk from its annual loss.
  • Latvian loses less
    Products tanker owner Latvian Shipping Co (LSC) has cut its annual loss after a profitable second half.
  • JMU seals LNG double
    Shipbuilder Japan Marine United Corp (JMU) has secured orders for two LNG carrier newbuildings from domestic shipowners.
  • Hoegh LNG misses mark
    Hoegh LNG sank deeper into the red than predicted in the fourth quarter.
  • CSAV admits price-fixing
    Chile's CSAV has pleaded guilty to price-fixing in the US.
  • Top-up for CSCL
    Chinese container line CSCL has lined up a new loan worth $57m with Pingan Bank.
  • Jinhui slams private equity
    Jinhui Shipping & Transportation is the latest shipowner to argue that private equity is harming the recovery in the dry bulk sector.
  • Seaspan wins BC order
    Canada's BC Ferries is ordering a new cable ferry at Vancouver's Seaspan yard.
  • Jinhui slips to a loss
    Jinhui Shipping & Transportation has ended the year on a downer with a loss in the fourth quarter due to vessel write-downs.
  • Alam Maritime suffers
    Malaysia's Alam Maritim Resources has reported a near five-fold drop in FY 2013 fourth quarter profits.
  • Oldendorff comes clean
    Oldendorff has revealed comprehensive details of its huge newbuild programme which spans yards in China, Japan and South Korea.

American Shipperweb site
APRIL 28, 2014
  • Breakthrough reached on Panama Canal contract impass
    The Panama Canal Authority and the international consortium building the new locks for an expanded Canal announced Friday that they had reached a tentative agreement on a framework for completing the project.
  • COSCO to raise cargo rates by $1,000 in 11 weeks
    COSCO announced sharp rate increases for all cargo from the Far East to Red Sea and Persian Gulf trade over 11 weeks, adding a total of $2,000 to existing rates across two lanes.
  • Oregon's governor orders study at Port of Portland
  • Cargo weighs down IAG in 2013
    IAG Cargo, the amalgamation of the cargo divisions at British Airways and Iberia, experienced a 7-percent drop in volume between 2012 and 2013, seeing activity decline to 5,653 million cargo-ton kilometers last year.
  • Kalitta Air helps launch NY-Amsterdam service
  • Weekly GRI Roundup
  • Jaenichen says marine highway program should expand focus
    DOT should explore expanding the Marine Highway concept beyond barge services for containers to other kinds of cargo normally carried by truck or rail, Acting Maritime Administrator Paul Jaenichen said.
  • CSAV shareholders to vote on Hapag-Lloyd merger
  • Japan 24-hour rule set to begin
    The Advance Filing Rule is similar to the U.S. 24-hour rule in timing, but requires more detailed information about the cargo itself and the parties involved in the transaction.
  • U.S. 4Q GDP revised down to 2.4%
  • Corn shippers warned to avoid co-mingling

The Bunker Bulletinweb site
APRIL 28, 2014
  • Fuel prices fall in the Americas
    Tight low sulphur avails reported in the US Gulf and along the US East Coast.
  • Weekly Global Market Report
    A weekly price roundup from bunkering hubs around the world.
  • DFDS may shut down 'unprofitable' routes due to high fuel costs
    Large-scale analysis of route network underway in light of upcoming 'costly' eco regulations.
  • Groups to sign preliminary deal to end Panama Canal dispute
    ACP and GUPC to give $100 million each for 'immediate cash flow needs' to fully resume expansion work.
  • DNV GL and Singapore join forces on research
    Areas to be addressed include LNG risk assessment, energy saving and emission reduction technology.
  • Lack of price direction as week ends
    Bunker prices were soft in Istanbul.
  • Prices soft in Fujairah
    Bunker prices climb in Suez.
  • Box shipping company to dump fuel-guzzling ships
    Capacity to be replaced with more fuel-efficient tonnage.
  • Singapore fuel oil stocks fall
    But February average unchanged from January.
  • Hong Kong bunker player shrugs off share price fluctuations
    Share value dipped 20% on Monday.
  • Asian prices soften to end week
    Good avails reported across key trading hubs.
  • Opportunity for bonded bunkering at Georgia
    No bunker tanker supply available since early last year.
  • Titan delays 2013 annual results
    Extra time needed to finalise results as two directors left the board, group says.
  • Sinopec sale to include Hong Kong marine fuels business
    Firm plans to sell up to 30% of its retail oil business to private investors.
  • Reports: Greek port planning LNG bunkering facility
    Qatari company linked to development.

›››File
FROM THE HOME PAGE
Marked decline in acts of piracy against ships
Marked decline in acts of piracy against ships
London
Only 16 in the first three months of 2026, the lowest number since 1991 for this time of year
IMO working to enable safe transit of ships through the Strait of Hormuz
Tehran/Washington/London
Dominguez: Two-week ceasefire is a good thing
CK Hutchison initiates arbitration against Maersk over Panama ports, but not against TiL/MSC
Panama
China and Russia veto Bahrain's resolution on freedom of navigation in the Strait of Hormuz
New York
Pakistan and Colombia abstained.
A container ship was hit by a shell near the Iranian island of Kish.
Southampton
Since February 28, 28 incidents have been reported in the region
ETF calls on the EU Commission to adopt structural measures to strengthen the resilience of the European transport sector
Brussels
Sharp increase in tanker transits through the Suez Canal in February
Sharp increase in tanker transits through the Suez Canal in February
Cairo
Overall, naval traffic in the month grew by +23.5%
Fincantieri is also focusing on alliances to develop its activities in the US
Washington
Collaboration agreement with American shipyards Fraser Shipyards and Donjon Marine
In 2025, the Ferrovie dello Stato Italiane group recorded record revenues
In 2025, the Ferrovie dello Stato Italiane group recorded record revenues
Rome
The freight transport business unit also saw growth despite a reduction in volumes handled
Iran assures Manila of safe transit of Philippine ships and seafarers through Hormuz
Manila
The Philippines imports most of its energy needs from the Middle East
Medlog (MSC Group) invests in Melbourne's old fruit and vegetable market area
Melbourne
29-hectare container storage site near Australian port
Vado Gateway staff strike confirmed for tomorrow
Genoa
Ferrari: Clarifying that part-time and fixed-term contracts are part of the National Collective Bargaining Agreement for Ports was not enough.
A project to improve the efficiency of rail services gets underway today in the Port of Rotterdam.
Rotterdam
Agreement promoted by the Port Authority and signed by six railway operators
Three European tenders are underway for the awarding of public maritime transport services to Sardinia.
Rome
They are related to the routes Genoa-Porto Torres, Naples-Cagliari-Palermo and Civitavecchia-Arbatax-Cagliari
ICS and ITF meet with Gulf States to address the impact of the Hormuz crisis on seafarers
London/Genoa
Natale Ditel is the new secretary general of the Eastern Adriatic Sea Port Authority.
Trieste
He will take office on April 13th.
Attacks on ships in the Strait of Hormuz region have resumed
Southampton
A fire broke out on an oil tanker hit by a shell. Two bombs fell into the sea near a container ship.
In 2025, the direct economic impact of cruises in the ports of Genoa and Savona was 346 million.
Genoa
Passenger spending was 157 million and airline spending was 189 million.
Agreement reached on new EU customs regime, including new taxes for e-commerce
Brussels
Mandatory use of the European Customs Data Hub from 1 March 2034
Carnival Cruise Line Reports Record Revenues for the December-February Quarter
Miami
During the period, ships hosted approximately 3.1 million passengers (-3.1%)
Nearly half a billion dollars in public resources for US ports
Washington
The funds will be used to modernize port infrastructure and activities
UNIPORT urges accelerated completion of works in the port of Naples
Rome
The level of connection of Italian ports to the global containerized maritime services network remains stable
The level of connection of Italian ports to the global containerized maritime services network remains stable
Geneva
The PLSCI index of the top seven Italian ports most connected to the network is growing
In the first two months of 2026, cargo traffic in Chinese seaports grew by +6.7%
Foreign traffic increased by 9.2%. Container traffic increased by 9.8%.
Hapag-Lloyd's revenues decreased by 15.2% in the fourth quarter of 2025.
Hamburg
Container traffic handled by the German company's fleet increased by +5.5%
The future European Union Customs Authority will be based in Lille, France.
Brussels
It is expected to employ around 250 people.
The Romanian government is reportedly preparing to nationalize the Mangalia shipyard.
Bucharest
Fincantieri reports record annual financial and commercial results.
Trieste
In 2025, revenues grew by +13.1% and the value of new orders increased by +32.4%
Damen and other creditors have rejected the reorganization plan of the Romanian shipyard in Mangalia.
Mangalia
Federagenti: Strategic port construction is behind schedule everywhere.
Genoa
Pessina asks to know the "real time" of the progress of the infrastructure
Metrans (HHLA Group) to acquire 50% of the Romanian intermodal terminal in Arad
Hamburg
The company will operate up to three trains per week between Budapest and Arad
From May 1st, the EU-Mercosur agreement will be applied provisionally.
Brussels
Sefcovic: an important step in demonstrating our credibility as a major trading partner
German shipowners propose service on merchant ships as an alternative to military service
Hamburg
Kröger: A resilient nation needs not only soldiers, but also seafarers who ensure supplies.
ICTSI and DP World sell their stakes in China's Yantai International Container Terminal
Manila
The company will become wholly owned by Yantai Port Holdings
Chinese group CSSC will build two more cruise ships for Adora Cruises
Shanghai
Option for a third vessel. The "Adora Flora City" launches today.
In the fourth quarter of 2025, freight traffic in the port of Palermo decreased by -9.6%
Palermo
Cruise passengers down by -18.7%
IMO Council resolves to establish a safe corridor in the Strait of Hormuz, but by "peaceful means and on a voluntary basis"
London
Dominguez: Concrete action is needed from all countries and stakeholders
COSCO Shipping Holdings' revenues fell by 12.2% in the last quarter of 2025.
Hong Kong
Containerized volumes transported by the fleet grew by +5.1%
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
Geneva
Economists at the World Trade Organization foresee two scenarios
In 2025, CK Hutchison terminals handled a record 90.1 million containers (+3%)
Hong Kong
The president of the Chinese group confirms the difficulty of negotiations to sell a large part of the port portfolio to MSC and BlackRock
Assiterminal expresses concern over the impact of the Middle East crisis on port terminal activity.
Genoa
Ferrari: the cruise sector also involved
Two more ships were hit by shells in the Strait of Hormuz region
London/Southampton
Incidents near the coasts of the United Arab Emirates and Qatar
MSC and Ga-Hyun Chung announce joint control of Sinokor
Athens/Nicosia
Proposal to establish a safe maritime corridor to evacuate ships stranded in the Persian Gulf
London
It has been put forward by Bahrain, the United Arab Emirates, Japan, Mexico, Panama and Singapore
Dominguez calls on the IMO Council to conduct informal deliberations and define practical measures to resolve the Hormuz crisis.
London
From the statements presented, it is unlikely that anything more than declarations of principle will be made.
To respond to geopolitical shocks, shipping must have reliable operational data
London/Rotterdam
Lloyd's Register, OneOcean and PortXchange discuss digitalization and artificial intelligence in the sector
China's COSCO Shipping Ports' profit and loss account weighs on rising operating costs.
Hong Kong
Revenue reached a record high of nearly $1.7 billion last year.
Tanker hit near Strait of Hormuz
Portsmouth
A bullet caused minor damage. The crew was unharmed.
Sharp increase in transshipment containers in the port of Barcelona
Barcelona
In February, overall freight traffic increased by +8.1%
PPC denounces that the Republic of Panama is delaying the arbitration at the ICC
Panama
The Chinese company continues to reiterate the illegality of the seizure of the Balboa and Cristóbal port terminals
Alessandro Becce is the new Secretary General of the Sardinian Sea Port Authority.
Cagliari
Bagalà: EU ETS application for major and minor islands must be cancelled
Operation Aspides' mandate will not be extended to the Strait of Hormuz at this time.
Brussels
This was announced by the High Representative of the European Union for Foreign Affairs, Kaja Kallas.
Greece and Italy reject the extension of Operation Aspides to the Strait of Hormuz.
The ships of the two nations constitute the naval force of the European mission
Freewheels: The government has broken its promise regarding fuel taxes.
Modena
Franchini: Continuing to treat road haulage like a tax cash machine is simply irresponsible.
Pessina (Federagenti): Shipping will also overcome the Strait of Hormuz crisis.
Genoa
We hope - he specified - that we will soon move in the direction of a progressive normalization.
Israel's eastern Mediterranean coast has been designated a high-risk area for the safety of ships and crews.
London
Resolution of the International Bargaining Forum
Evergreen Marine Corporation's revenues decreased by 26.0% in the fourth quarter of 2025.
Taipei
Quarterly net profit down 71.8%
EU Commission and EIB support for investment projects in small and medium-sized ports
In the second half of 2025, OOIL's revenues decreased by -20.0%
Hong Kong
Net profit down 67.9%
In transalpine freight transport through Switzerland, rail is losing further market share to road transport
Bern
Dramatic development - a report underlines - from the point of view of Swiss modal shift policies
An extraordinary IMO council will be held on 18 and 19 March to discuss the situation in the Middle East.
London
As of yesterday, the attacks on ships have resulted in the death of eight sailors and the wounding of ten, in addition to three missing.
In 2025, combined road/rail traffic handled by Hupac grew by +4.3%
Noise
The need to extend the application of contributions to transalpine combined transport beyond 2030 was reaffirmed.
Yang Ming to order six new 13,000 TEU dual-fuel LNG containerships
Keelung
The fourth quarter of 2025 was closed with a net profit down by -81.2%
The resumption of shipping traffic through Suez does not appear to be affected by the blockade in the Strait of Hormuz
Cairo/Southampton/Washington/Genoa
While ships increased by 1.9% in January, growth in the canal has since been more sustained. War material seized in the port of Genoa.
US prepares to attack Iranian ports
Tampa/Muscat
Centcom warns civilians to immediately avoid all port facilities. Drones over the port of Salalah.
MSC to build container terminal at Snake Island Port in Lagos
Geneva
45-year concession agreement with Nigerdock
Attacks on ships in the Strait of Hormuz resume
Southampton/Geneva
A container ship was damaged. A fire broke out on another vessel. UNCTAD raised alarm over the effects of the disruption to maritime traffic in the region.
Three crew members of a bulk carrier stricken in the Strait of Hormuz are missing.
Bangkok
Twenty seafarers were disembarked in Oman
ONE's stake in Poseidon (Seaspan Corporation) will rise to 48.9%
Singapore/Toronto
Investment worth $1.07 billion
FS Logistix and Grimaldi Euromed sign agreement to develop integrated sea-rail transport solutions.
Verona
Confitarma requests the possible deployment of Italian Navy units to the Persian Gulf and Strait of Hormuz area.
Rome
Zanetti: A concrete sign of attention to protecting the country's strategic interests.
Scotland debates taxing cruise ships
Three fifths of those interviewed said they were in favour of granting local authorities the power to introduce a tax
Last year, freight traffic in German ports amounted to 284.4 million tonnes (+3.8%).
Wiesbaden
Imports increased by +5.3%
In January, freight traffic in the ports of Genoa and Savona-Vado Ligure fell by -4.9%.
Genoa/Ravenna
A growth of +12.5% was recorded in the port of Ravenna
In 2025, ZIM's revenues fell by -18.1%
In 2025, ZIM's revenues fell by -18.1%
Haifa
The decline was more pronounced in the fourth quarter (-31.5%). Glickman: the merger with Hapag-Lloyd is very positive for shareholders.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Bremen
In the fourth quarter alone, growth was +5.4%, with container loads increasing by 11.8%.
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
La Spezia
At the port of Marina di Carrara, traffic was 4.8 million tonnes (-0.7%)
PPC and CK Hutchison warn that they will assert all their rights and seek full compensation from Panama
Hong Kong
In 2025, the PSA terminal operator group recorded record revenues
Singapore
Operating profit up 19.0% and net profit up 0.5%
In February, freight traffic in the port of Ravenna decreased by -8.9%
Ravenna
An increase of +1.3% is expected for the month of March
Over 600 illegal workers discovered in the logistics sector
Rome
Coordinated and continuous collaboration contracts that masked actual subordinate employment relationships
RINA and Hanwha collaborate on battery-hybrid propulsion systems for ferries
Genoa/Busan
The projects will concern both existing and newly built vessels
French shipping company TOWT has been placed into administration
Le Havre
The company has two sailing cargo ships
Casciano (Vado Gateway): The final design for the new Bossarino toll booth in Vado Ligure has received approval.
Vado Ligure
The hope - he said - is that the work can be completed as soon as possible.
A forum on the economy, ports, and investments between Italy and North Africa will be held in La Spezia.
La Spezia
Scheduled for April 9th and 10th at the headquarters of the Port Authority of the Eastern Ligurian Sea
The Italian government has extended the reduction in excise duties on fuel
Rome
The deadline has been extended to May 1st. 60% of the resources come from the ETS.
Number of ships undergoing repairs in Greece remains stable
Piraeus
Interventions carried out in dry dock are decreasing
The Gaia Blu research vessel will serve as Italy's technological platform for autonomous navigation.
Rome
Towing operations of the LNG vessel Arctic Metagaz fail.
Tripoli
The LNG carrier is currently out of control and adrift
Yesterday a bulk carrier ran aground while transiting the Suez Canal
Ismailia
The incident was resolved within four hours
Confitarma and Assarmatori: The crisis puts maritime connections to the islands at risk.
Rome
Dominguez (IMO) urges States to coordinate to address the Hormuz maritime crisis
London
Since February 28, 21 attacks against vessels have occurred in the area
The La Spezia freight forwarders' association is urging measures to maintain the port's operational efficiency.
La Spezia
Due Torri is equipping itself with a 15,000-square-meter logistics hub at the Bologna Interporto.
Minerbio
In 2025, the Emilian company's turnover grew by +13.9%
The 2026 Italian Port Days program will begin soon.
Rome
The theme is "Italy, Gateway to the Mediterranean: Dialogues between Landings and Cities"
Port of La Spezia: First test for hydrogen refueling from dockside mobile vehicle to vessel
La Spezia
Bunkering trials at the Baglietto shipyard
NYK consolidates its operations in the dry bulk maritime transport segment
Tokyo
Group leaders appointed in eight European countries
Last year, freight traffic in Tunisian ports decreased by -5.2%
La Goulette
In the fourth quarter alone the decline was -8.5%
The Guardia di Finanza will use new drones to monitor the Gioia Tauro port area.
Gioia Tauro
The ports of Genoa and Savona-Vado will implement new PCS usage rights management procedures starting tomorrow.
Genoa
The measure does not introduce new charges
Nearly 400 kg of pure cocaine seized in the port of Gioia Tauro
Reggio Calabria
Three distinct operations performed within a week
Confitarma, with the Energy Decree, now is the time to allocate resources to maritime transport.
Rome
Baleària will have its own ferry terminal in the port of Barcelona
Barcelona
It will become operational in a year. Investment of €25.3 million.
In 2025, freight volumes transported by DB Cargo decreased by -8.1%
Berlin
Revenues fell by -8.0%
ONE has acquired 30% of Hutchison Laemchabang Terminal
Singapore
The company operates Terminals D, C1 & C2 and A3 of Laem Chabang Port
A Filt Cgil meeting on port work will be held tomorrow in Genoa.
Rome
It will be held at 10 am in the Port Call Room
Last month the port of Singapore handled 3.4 million containers (+3.2%)
Singapore/Hong Kong
Container traffic in Hong Kong fell by -8.0%
ALIS, the use of ETS revenues to encourage intermodality is a good idea.
Rome
Di Caterina: We hope for a significant increase in the financial resources for the Sea Modal Shift and Ferrobonus instruments starting next year.
CIMC's container sales fell by -31.9% last year.
Hong Kong
Revenues in the container segment fell by -30.9%
Pros and cons of hydrogen applications for decarbonization of the maritime and port sector
Genoa
It was discussed at the Propeller Club - Port of Genoa
In the third quarter of 2025, cargo traffic in Greek ports decreased by -3.6%.
Piraeus
Passengers increased by +1.2%
Confitarma praises legislative initiative for the maritime sector
Rome
Regulatory simplification is a good thing, an essential element for strengthening the competitiveness of national armaments
Assarmatori welcomes the Senate's approval of the "Promoting Marine Resources" bill.
Rome
Messina: overcomes a limitation of the Navigation Code that allows only Italian and EU citizens to join Gente di Mare.
The port system of Venice and Chioggia generates a production value of approximately 15 billion euros
Venice
Direct employees are 26,898 and, including related industries, they rise to 218,853
Green light for aid to reopen the Orbassano-Aiton Alpine Railway Highway.
Brussels
The European Commission authorizes subsidizing the service
Fit Cisl Savona, alarm raised over the potential impact on jobs of the drop in traffic at Vado Gateway.
Savona
The Gioia Tauro Port Authority Management Committee approved the reimbursement of mooring fees.
Gioia Tauro
1.5 million euros allocated
Prologis and Singapore's GIC to form joint venture to invest $1.6 billion in new fulfillment centers in the U.S.
San Francisco/Singapore
The initial portfolio is approximately 380 thousand square meters
The Management Committee of the Port Authority of Genoa and Savona-Vado has taken note of the framework agreement with PSA
Genoa
The update of the Integrated Activity and Organization Plan has been approved.
Hanwha Ocean and ONEX Sign Naval Shipbuilding Agreement
Seoul/Eleusis
The first project in sight is submarines for the Greek Navy
The Antitrust Authority has not opened an investigation into CEVA Logistics' acquisition of the Fagioli group.
Rome
The AGCM believes that the operation will not impede competition or create a dominant position
Singapore's ONE acquires stake in Dongwon Pusan Container Terminal
Singapore
The company operates at the Gammam and Singamman docks of the Port of Busan
EIB finances shore power installation in Rotterdam port
Rotterdam
A loan of 90 million euros has been granted
High-tech exoskeletons to ease the burden on dockworkers in the Port of Livorno.
Livorno
Experiment in collaboration with the Livorno Port Company
Salvatore Lauro, a shipowner from Campania, died yesterday in Ischia.
Naples
He was a senator of the Republic from 1996 to 2005
APM Terminals acquires 49% stake in Vietnam's Hateco Hai Phong International Container Terminal
The Hague/Hanoi
Third phase of construction of Mexico's Lázaro Cárdenas terminal begins
FedEx revenues increased by 8.3% in the December-February quarter
Memphis
Quarterly net income was $1.06 billion (+16.2%)
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
London pledges £746 million to renovate Nigeria's two ports, Apapa and Tin Can Island, in Lagos.
London
Agreement between UK Export Finance and the Nigerian Ports Authority
Fabrizio Urbani is the new secretary general of the Port Authority of the Central-Northern Tyrrhenian Sea.
Civitavecchia
Unanimous resolution of the Management Committee
In the fourth quarter of 2025, French ports handled 74.2 million tonnes of goods (+7.2%)
La Defense
UNI/Fermerci reference practices on staff training presented at MIT
Rome
The Council of State has rejected the relocation of Genoa's chemical warehouses.
Rome/Genoa
The AdSP declares itself ready for a technical discussion within the framework of a specific initiative by the municipal administration
FS Logistix and Nurminen Logistics inaugurate a new weekly rail service between Sweden and Italy
Rome
2,500 kilometer route
Hapag-Lloyd signs maritime cooperation agreement with Indian government
Hamburg
Plans to bring ships under the Indian flag and collaborate in the development of ship recycling and Vadhavan port
A project for the digital transformation and technological development of the port of Gioia Tauro has been funded.
Gioia Tauro
Resources worth almost two million euros for the Port Authority of the Southern Tyrrhenian and Ionian Seas
Keel-laying and coin-laying ceremony for a new ferry under construction for ACTV
Piombino
It took place in the Piombino Industrie Marittime shipyard
Touax Container Services increased container sales by 36% in 2025
Paris
Revenues decreased by -5% in the year
In 2024, international seaborne freight traffic reached a record 24.1 billion tonnes
Geneva
New historic peak in dry cargo
Medlog (MSC Group) will acquire the remaining 29% of MVN from Logistics Project Italia
Rome
The operation has been notified to the Antitrust Authority
Greek group Attica Holdings continues its fleet renewal plan
Athens
Purchase of two catamarans for €15 million. Long-term lease of the "GNV Bridge" ferry.
Germany's Arvato has acquired Canada's THINK Logistics
Mississauga/Gütersloh
The company, founded in 2012, is headquartered in Mississauga, Ontario.
Banco BPM's €55 million financing to Grimaldi Euromed
Naples/Milan
Partially covers the purchase of the new ship "Grande Inghilterra"
Two new state-of-the-art ship-to-shore cranes have arrived at the PSA SECH terminal.
Genoa
They will be operational from June
Stolt-Nielsen sells 50% of Avenir LNG to NYK Line
Oslo/Tokyo
The company operates in the liquefied natural gas bunkering sector
Only 7% of the workers in the port companies and terminals of La Spezia and Marina di Carrara are women
La Spezia
Costa cancels cruises originally scheduled to sail to the Middle East
Genoa
The company currently has no vessels operating in the region.
In 2025, d'Amico International Shipping's time charter revenues decreased by -29.0%.
Luxembourg
Fourth quarter decline eases
NYK to become sole owner of Norway's Saga Welco
Tokyo/Tønsberg
The Tønsberg company has a fleet of 48 open-hatch vessels
Grimaldi Group's Valencia Terminal Europa will manage the new car terminal at the port of Sagunto.
Valencia
Grimaldi has taken delivery of the new PCTC Grande Seoul
Naples
It is the ninth ammonia-ready unit of the Neapolitan shipping group
The Cagliari-Algeria service operated by Maersk and Grendi will soon dock at the Giammoro di Milazzo pier.
Messina
It will be held on a weekly basis
DP World reported record annual operating and financial results
Dubai
In 2025, container traffic increased by +5.8% and revenues by +22.0%
Falteri (Federlogistica): The consequences of the war in Iran are only in their infancy.
Genoa
There is a dramatic congestion of perishable products in the hub airports of the Gulf, he underlined.
Two additional new Medium Range 2 tankers for d'Amico Tankers
Luxembourg
Exercised options with Chinese shipyard Jiangsu New Yangzi Shipbuilding Co.
Japan's MOL has acquired 25% of V.Ships France
Tokyo/London
The remaining 75% of the capital remains with V.Ships
ICTSI reports record annual and quarterly financial and operating performance
Manila
Last year the group's port terminals handled 14.5 million containers (+11.0%)
Wan Hai Lines' revenue decreased by 13.3% in 2025
Taipei
The company will buy four new 6,000 TEU container ships and two 9,200 TEU container ships.
Observatory on the presence of women in the blue economy sector
Milan
Initiative by WISTA Italy and the Maritime Federation
The first train will depart from the Pordenone Interport on April 2nd.
Pordenone
Ausserdorfer (InRail): We have already received new requests and contracts to increase connections
Triple ceremony for Explora Journeys at Fincantieri's Sestri Ponente shipyard
Genoa
Technical launch of "Explora IV", coin ceremony of "Explora V" and start of construction of "Explora VI"
The Propeller Club of the Ports of La Spezia and Marina di Carrara has renewed its board of directors.
La Spezia
Gianluca Agostinelli and Federica Maggiani confirmed as president and vice president
The Tunisian government decides to start construction of the port of Enfidha
Tunis
52,000 jobs expected to be created
Hundreds of containers of temperature-controlled plant-based food products are held up in the port of Genoa.
Genoa
Spediporto reports it
The La Spezia Freight Forwarders Association has established a terminal freight forwarder section.
La Spezia
The aim is to strengthen the representation and enhance the value of inland logistics.
FHP Intermodal launches rail service from northern Italy to Bari and Catania
Foggia
Initially, two pairs of trains are scheduled to depart per week.
Managing maritime shipments in a scenario made extremely complex by the crisis in the Middle East
Genoa
Botta (Spediporto) and lawyer Guidi suggest how to handle difficulties
The new Norwegian Luna cruise ship will be delivered in Marghera.
Trieste
It is the second unit of the "Prima Plus" class built by Fincantieri
Assiterminal: The EU's port strategy is a success.
Genoa/Brussels
Seas At Risk, One Planet Port, and IFAW are concerned about the proposed regulation's reference to expediting environmental impact assessments.
The first electrical cabin dedicated to the cold ironing system has been completed in the port of Gioia Tauro.
Gioia Tauro
In April, the first connection of a container ship to a mobile socket
Konecranes revenues remained stable in 2025
Helsinki
The value of new orders grew by +9.7%, with a +21.3% for port vehicles
Finnlines' net profit increased by 50.7% in 2025
Helsinki
Revenues up 2.0%
Ravenna has been designated Capital of the Sea 2026
Rome
Petri (Assoporti): its port is a strategic hub for the national economy
Large shipment of ammunition and detonators seized in the port of Ancona
Ancona
He was about to be embarked on a ferry intended for the exclusive transport of passengers
2025 record for the American cruise group Viking Holdings
Los Angeles
Revenues grew by +21.9%
UECC has ordered China Merchants Jinling to build two PCTCs
Oslo
They will have a capacity of 3,000 CEUs and will be taken into delivery in 2028.
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 forum on the economy, ports, and investments between Italy and North Africa will be held in La Spezia.
La Spezia
Scheduled for April 9th and 10th at the headquarters of the Port Authority of the Eastern Ligurian Sea
A Filt Cgil meeting on port work will be held tomorrow in Genoa.
Rome
It will be held at 10 am in the Port Call Room
››› Meetings File
PRESS REVIEW
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
Russian shipbuilding holding USC designing high ice-class container ship for Rosatom for Northern Sea Route
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Kuehne+Nagel plans more significant staff cuts
Schindellegi
Worsening economic results in the fourth quarter of 2025
Public notice from the Northern Tyrrhenian Sea Port Authority to select the new Secretary General
Livorno
The procedure is not competitive in nature and no selection process is foreseen.
KKCG Maritime publishes a partial tender offer to increase its stake in Ferretti from 14.5% to 29.9%.
Milan/Hong Kong/Prague
The offer is not aimed at delisting the shares
Norovirus outbreak on second Holland America Line cruise ship
Hong Kong
65 passengers and 11 crew members of the "Westerdam" were injured.
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