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04 October 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
May 5, 2014
Sched Netweb site
  • Cosco Corp quarterly profit up 30p to US$10 million as sales rise 42pc
  • Hapag-Lloyd to hike Japan-Arabian Gulf rate US$300/TEU on May 15
  • Manila's ICTSI wins bid to build US$509 million box dock in Melbourne
  • China hinterland GDP slippage raises to GDP slowdown concerns
  • Working life of mega-alliances will raise rates: Seaspan chief
  • Enough boxship overcapacity to start 12 Asia-Europe strings by 2017
  • Swire named shipowner of the year for innovative customer service
  • ECU-LINE expands in Philippines, opens in Mindanao's Davao City
  • Chinese auto exports fall 19.6pc in first 2 months as trade barriers mount
  • JNPT US$8 million expansion to make top 10 global port rankings
  • Preliminary dumping duties set by US on rebar from Mexico, Turkey
  • Air China quarterly profit falls 63pc to US$15 million, but sales up 7pc
  • Cargolux revenue up 14.4pc in 2013, tonnage flown increases 16pc
  • Cathay Pacific first to confirm move to Changi's new T4 in 2017

Exim Indiaweb site
MAY 2, 2014
  • Baltic Exchange to implement new Capesize vessel description & routes
  • BTL celebrates completion of 15 years at Vizag
  • Capt. Sarveen Narula takes charge as Director of SCI?s Liner & Passenger Services division
  • ITIC highlights risk of innocent ship agents being sued
  • NYK & Japan Meteorological Agency collaborate on wave research
  • Sarjak Container Lines makes a global statement at BHP 2014 in Mumbai
  • Cotton yarn export registrations surge 3 pc in FY14
  • Domestic spice exports likely to top $3 bn by FY17
  • Tea exports to suffer due to fall in production
  • Kpt retains No. 1 position among Major Ports during 2013-14
  • NSICT maintains operations during JN Port power outage
  • Petronet profit dips 30.9 pc in Q4 FY14
  • CIL invites bids for phase 3 of mines project in Mozambique
  • Forex reserves recover by $ 499.8 m to $ 309.91 bn
  • Govt cuts MEP on branded edible oil to boost exports
  • India can become the top garment exporting country, says Sakthivel
  • India Ratings forecasts fiscal growth at 5.6 pc
  • INR ends strong at 60.15 on heavy dollar selling
  • Tariff value on gold, silver imports slashed
  • Allcargo Logistics wins 13th MANSA T20 cricket tournament
  • Bulk Trans 2014 - International Conference on Dry Bulk Cargo
  • India may take EU?s mango ban issue to WTO: Sharma

International Transport Journalweb site
  • Union Pacific invests in rail infrastructure
  • Australia: Bombardier acquires Rail Signalling Services
  • Executive changes at K Line
  • DSV launches new share buyback programme
  • Switzerland: rail industry calls for intermodal competition
  • Turkish Airlines boosting service to Russia
  • New repair scheme for commercial vehicles in Europe
  • Hellmann maintains services to Ukraine
  • Swissport and Saudia Cargo sign multi-year agreement
  • Basel will baggern
  • Drewry?s MPP forecast somewhat optimistic

Marine Logweb site
MAY 4, 2014
  • Motion compensated helicopter deck eases offshore landings
  • MHI Nagasaki floats out first of AIDA Cruise duo
  • BAE Norfolk gets $11.3 million contract mod
  • MAC keeps shipyard partner busy

World Wide Shipperweb site
MAY 2, 2014
  • Coos Bay Port Commissioner announces plans to leave post
  • Port of Seattle's John Creighton sits in on first CAGTC meeting
  • U.S. rail freight traffic sees positive tally during week
  • Business booming at Port of Everett marina
  • Port of Tacoma representatives heading to Washington, DC

Lloyd's Listweb site
MAY 2, 2014
  • VLGCs? remarkable rates streak is coming to an end
    Expect volatility in freight rate earnings, but summer should still be good for owners, say experts
  • Filipino seafarers are spared EU ban
    But Philippines authorities should report to European Commission quarterly, says Emsa
  • Turkish owner to load first crude to come out of Libya?s Zueitina port in 10 months
    Libya?s rebel-held eastern ports are opening ?one by one? Gungen Maritime chartering manager tells Lloyd?s List
  • Maersk Broker appoints new head of research
    Former PwC partner takes charge of research at Copenhagen-based firm
  • Capesize market quiets as iron ore demand softens
    Vale says supply has finally outstripped demand
  • Wan Hai plans $166m bond issue
    Taiwanese intra-Asia specialist seeks to replenish medium- and long-term working capital
  • Hapag-Lloyd plans congestion charge if unrest breaks out at US ports
    Carrier speaks out ahead of contract talks between dockers and ports
  • Tilbury wins Seago Line call
    Service between Morocco and Russia makes first call at the port this week
  • New dawn for Liverpool?
    Containerisation International and Lloyd?s List to host a debate to consider the future of the port and Merseyside as a leading maritime hub
  • BW Offshore signs $2bn FPSO charter
    Deal with Premier Oil has extension options for up to 18 years
  • Aker Philadelphia Shipyard posts record quarterly results
    Performance highlights the value of investing in Jones Act shipping
  • CSC Phoenix returns to profit in the first quarter
    Chinese state carrier is emerging from court-ordered restructuring
  • RBS cuts its shipping book by $2.5bn
    State-owned bank continues to shed industry loans despite stronger profits
  • Asia-Europe rates hit their highest level since mid-February
    SCFI index shows prices on Shanghai-North Europe services reach $1,305 per teu
  • Week on Wall Street | May 2
    Free to read: Shipping?s letter from America
  • Hyundai Merchant Marine sells 80% of LNG tanker fleet
    Cash-strapped South Korean carrier in $971m deal with IMM Investment
  • Twell joins LISCR London office
    Former CMA CGM man will focus on IMO work
  • Transpacific lines target $400 per feu peak season levy
    Strong load factors as eastbound cargo volumes continue to recover
  • Winning bidder announced for Melbourne?s third container terminal
    ICTSI part of consortium that will operate Webb Dock facility
  • The need for speed
    Pressure to build eco-ships is creating vessels that are dangerously underpowered

Sea-webweb site
MAY 2, 2014
  • Sewol disaster: 228 confirmed dead
    Rescuers today found two more bodies from the capsized Sewol ferry as the families of the missing victims turned up at the disaster site to encourage the divers and other rescue workers. The Sewol, carrying 476 passengers and crew, capsized around 1100hrs South Korean time on 16 April near Jindo
  • Maritime Maisie completes salvage in Ulsan
    The chemical tanker Maritime Maisie has safely offloaded its remaining cargo and fuel after being given a port of refuge in the South Korean port of Ulsan. The IMC-owned vessel was in danger of break-up after colliding with car carrier Gravity Highway on 29 December last year. Maritime Maisie was
  • Container trade market may weaken
    Spot freight rates in container trades rose by 11% in April on the previous month, but the market seems poised to show signs of weakness later on in the current year due to oversupply of tonnage, a senior shipping analyst has said. "Spot rates in April exceeded those in March by 11%. The rise is
  • Minaminippon, Shin Kurushima win Tokyo tankers
    Japanese shipyards Minaminippon Shipbuilding and Shin Kurushima have won orders for up to six stainless steel chemical tankers from compatriot operator and MOL subsidiary Tokyo Marine. The four firm 35,000dwt vessels are scheduled for delivery in 2016 and split between the two yards with two options
  • Taizhou Catic secures final two Oldendorff options
    Chinese shipyard Taizhou Catic Shipbuilding Heavy Industry has secured the final two Newcastlemax option conversions from German shipowner Oldendorff. Delivery of the two 208,000dwt vessels is scheduled for May and August 2017, and the owner now has a total of eight newcastlemaxes on order at the
  • COSCO Corp vulnerable as drillship order cancelled
    COSCO Corp, the Singapore-listed shipbuilding and bulker unit of the COSCO group, remains vulnerable as it has lost a drillship order, said analysts today. The firm posted net profit of SGD12.6M ($10.1M) for the first quarter of 2014, which was up 30% year-on-year (y/y) but with a margin of just
  • Frontline close to $100M share sale ceiling
    Frontline, the listed VLCC and Suezmax operator in John Fredriksen's business empire, is approaching the $100M ceiling of its at-the-market (ATM) share sale programme. "Frontline has issued 1,635,589 ordinary shares under that programme during the month of April 2014. Following such issuance,
  • ICTSI gains Australian foothold
    Manila-based International Container Terminal Services Inc has finally secured a foothold in Australian terminals after today's announcement that its joint venture with Anglo Holdings was the winning bid for Melbourne's new container terminal. ICTSI said its contract with the Port of Melbourne
  • Chonghaejin selling Sewol's 'sister ferry'
    Chonghaejin Marine, currently being investigated over the Sewol ferry disaster, is selling Ohamana, the ferry that alternated with Sewol on the Incheon-Jeju route, IHS Maritime has learnt. Chonghaejin Marine owns Sewol, which capsized on 16 April, killing an estimated 302 of the 476 passengers and
  • HPH Trust 'expected to perform better'
    Singapore-listed Hutchison Port Holdings Trust is expected to perform better this quarter despite rising labour costs, said UOB Kay Hian Securities. The trust, which holds units of Hutchison Whampoa's terminals in Hong Kong and China, posted a net profit of $98.2M in 1Q14, up 18.6% year on year. The
  • China Rongsheng HI proposes $129M bond issue
    Chinese shipbuilder China Rongsheng HI is proposing to issue HKD1Bn ($129M) worth of convertible bonds to the son of one of its shareholders to raise more cash. The subscriber, identified only as "Zhang" in Rongsheng's filing to Hong Kong Exchanges & Clearing, is the son of Zhang Dehuang, who has a
  • HHI suffers huge losses in 1Q
    Hyundai HI bled red ink for 1Q14, posting a KRW91Bn ($88M) net loss for the period. The loss reversed the KRW319.7Bn net profit for 1Q13. The world's biggest shipbuilder had an operating loss of KRW188.9Bn from its shipbuilding, offshore and plant businesses. Samsung Securities analyst Han Young Soo
  • Moody's revises global shipping industry outlook
    For the first time since 2011, ratings agency Moody's Investors Service has given the global shipping industry a stable outlook. Moody's assistant VP and analyst Mariko Semetko said: "The revision reflects our expectation that the global industry's aggregate EBITDA will rise by mid-single digits in
  • KSA president resigns over Sewol
    The president of the Korea Shipping Association has resigned over the Sewol disaster, amid growing concern in the country that the government is executing a witch hunt on South Korea's maritime community. The association, the trade body for South Korea's domestic passenger ships, said its president
  • Indonesian crewman faces people smuggling charges
    An Indonesian crew member apprehended off Christmas Island faced trial in Sydney, Australia, this week for alleged people smuggling. Safrudin Ansa was on board the SIEV 577 when Australian authorities intercepted the vessel on 21 January, 2013. It was Ansa's second trip to Christmas Island ferrying
  • China expected to remain major soybean importer
    Despite reports of Chinese soybean traders and importers defaulting on cargoes, China would remain a major soybean importer, said Italian broker Banchero Costa. China imported 63.4M tonnes of soybeans in the 2013 calendar year, an increase of 8.6% year on year from the 58M tonnes recorded in 2012.
  • UMW-OG takes rig ahead of schedule
    Malaysian offshore oilfield service provider, UMW Oil & Gas, has just taken delivery of $223M rig, Naga 5, from Keppel Corporation, one month ahead of schedule. The quick delivery surprised many as delays are common in the industry. UMW-OG has planned for Naga 5 to leave for the Philippines on 3 May
  • SMIT Singapore engaged in Sewol salvage
    The Singapore unit of towage and salvage service provider, SMIT, has been engaged to assist in the recovery of missing bodies from Sewol. According to a statement released by South Korea's Ministry of Oceans and Fisheries, written in Korean, "The families of the missing victims have been
  • UNESCO renews concerns for Great Barrier Reef
    The United Nations renewed warnings it may yet place Australia's Great Barrier Reef on the World Heritage Endangered List. While citing climate change as the most significant threat to the Reef, the UN Educational, Scientific and Cultural Organisation (UNESCO) also highlighted port development and
  • Adaro Energy's earnings rise sharply in 1Q14
    Adaro Energy, Indonesia's second biggest coal producer, saw 1Q14 earnings rocket 344% year on year to $131M. It mainly comes from increasing income in several trading sectors of the company. Adaro benefited as rising coal demand encouraged it to ramp up production volumes by 22% y/y to 14M tonnes.
  • S Korea's coastal VTS centres to come under coast guard
    In the wake of the VLCC Hebei Spirit oil spill, South Korea's Prime Minister's Office has decided to transfer control of coastal vessel traffic systems to the Korea Coast Guard, from the Ministry of Land, Infrastructure and Transport. In the morning of 7 December 2007, a crane barge owned by Samsung

The Journal of Commerceweb site
MAY 2, 2014
  • Ocean Carrier Rate Revision Roundup for May 2
    Several carriers have planned general rate increases in multiple trade lanes in May and June, although any gains achieved could be temporary as overcapacity and sluggish global demand continue. Shipping lines in their global operations have lost billions of dollars in four of the past five years because of overcapacity fostered...
  • Chinese Urbanization Drives US Log Export Growth
    U.S. containerized exports of logs and lumber, 2007-2014 Full-size chart China?s relentless urbanization will likely keep imports of U.S. containerized logs and lumber brisk in the coming year. Exports of the building materials to China, the largest importer of U.S. logs and lumber by a wide margin, rose for 10 straight months on...
  • April Hiring Surge Boosts JOC Trucking Employment Index
    The JOC For-Hire Trucking Employment Index rose to 96.9 in April 2014. Full-size chart The JOC For-Hire Trucking Employment Index shot up to a new high of 96.9 in April, with truckload and less-than-truckload employment surging as winter weather receded. The 0.5 percentage point increase last month was the largest for the index...
  • ILA Presses Jurisdiction Claim at NY-NJ?s Global Terminal
    The International Longshoremen?s Association is claiming jurisdiction over operation of a safety device for truckers picking up containers from rail-mounted gantry cranes at Global Terminal?s new semi-automated facility in the Port of New York and New Jersey. ILA President Harold Daggett, who has criticized automation as a threat to union jobs,...
  • SCFI: Asia-Europe Rates Jump
    Spot container freight rates as measured by the Shanghai Containerized Freight Index jumped on the Asia-Europe lane this week, although Asia-U.S. rates saw little movement. The SCFI for North Europe jumped 20.4 percent in the week of April 30. Full-size image Asia-Europe rates increased about $200 per TEU for the week ending April...
  • Solis Partners, Leading East Coast Solar Integrator, Names Joe Joyce as Executive VP
    SEA GIRT, N.J. (May 1, 2014) -- Solis Partners Inc., a leading commercial solar photovoltaic (PV) developer and integrator, today announced that Joe Joyce has joined the company as executive vice president and head of sales. In this position, Joyce will lead the business development strategy and sales team, with...
  • Piracy Drops to Seven-Year Low
    The International Maritime Bureau reported the lowest first-quarter level of global piracy attacks this year since 2007, although the agency warned that the threat of piracy is still present. The bureau, a department of the International Chamber of Commerce, showed in its latest quarterly piracy report that 49 piracy incidents were...
  • ICTSI Fends Off Rivals to Win Melbourne Terminal Bidding
    International Container Terminal Services Inc. (ICTSI) will invest $500 million in the port of Melbourne?s third container terminal after holding off stiff competition for the 26-year contract. The Manila-based global port operator, through its subsidiary Victoria International Container Terminal Limited (VICTL), signed the deal with the Port of Melbourne Corporation to...
  • Cargolux Sees Little Improvement Ahead for Air Cargo Market
    Cargolux swung to an $8.4 million net profit in 2013 from a $35.1 million loss a year earlier as freight volume hit an all-time high, but the all-cargo carrier cautioned market conditions are unlikely to improve this year. The Luxembourg-based airline?s revenue was 14.4 percent higher at $1.99 billion against $1.74...
  • Rotterdam in Joint Venture to Develop New Port in Brazil
    The Port of Rotterdam Authority has signed a joint venture with a Brazilian consortium to develop a new deep-sea multi-purpose port in South America?s largest nation. Rotterdam will initially provide technical support to TPK Logistica, which is building the Porto Central port in the state of Espirito Santo in the industrial...
  • Number of Truck Drivers Rising, But More Slowly
    The number of truck drivers in the U.S. increased 1.9 percent in 2013, the slowest annual growth rate since driver numbers began rising after the recession, data from the U.S. Bureau of Labor Statistics show. At 1,585,300, the driver number is still 6.4 percent below its 2007 peak. Employment numbers for...
  • Can Chicago Prevent Next Rail Meltdown?
    CHICAGO - Chicago is living up to its reputation as the nation?s transportation bottleneck. Severe weather and a rise in freight demand this winter weighed heavily on the city of broad shoulders, creating a cargo backlog at the nation?s largest freight hub and the biggest North American cargo bottleneck - one...

TradeWindsweb site
MAY 2, 2014
  • Analyst endorses Yangzijiang
    A leading Asian equity analyst has upgraded shares of Yangzijiang Shipbuilding (Yangzijiang).
  • Algoma sees red
    Algoma Central turned in a first-quarter loss Friday despite a slight increase in revenues.
  • Board backs Bourbon deal
    Bourbon chairman Jacques de Chateauvieux's takeover offer for the French offshore giant has won the backing of the board.
  • Cosco set for 2014 loss
    Chinese shipping giant Cosco is set to post its third annual loss in four years, analysts believe.
  • Dolphin keeping Lexie
    The Italian aframax at the centre of a murder trial involving two marines in India is no longer for sale.
  • Tanker loads in Libya
    A Turkish suezmax has arrived to load the first cargo of crude in 10 months from Libya's Zueitina port.
  • Sembcorp Q1 profit up 3%
    A 3% increase in first quarter net profit despite a challenging operating environment is reported by Singapore rig builder and shiprepairer Sembcorp Marine.
  • Royce readies comeback?
    Joseph Royce is understood to be planning a capital markets comeback with a dry cargo company focusing on the smaller sub-sectors.
  • RBS stops the rot
    UK lender RBS has halted its run of shipping impairments in the first quarter, as it revealed another reduction in its marine portfolio.
  • Bulker seized over cartel ore
    Authorities have seized a panamax bulker as part of the Mexican government?s battle to shut down a suspected iron ore export operation by the Knights Templar drug cartel.
  • Tanker trio for sale
    German lender Commerzbank has won a court auction of three chemical/products tankers in Aruba.
  • Danish yard inks tug
    The UK's Lerwick Port Authority has ordered a new tug in Denmark.
  • Jensen cools DHT talk
    Frontline 2012 is not considering a takeover of DHT Holdings, a leading Fredriksen group executive says.
  • UDSC cuts loss
    Ukrainian Danube Shipping Company (UDSC) lost less money in 2013 despite a fall in revenue.
  • Rickmers slips in first
    Rickmers Maritime delivered a sobering view of the containership market as it reported a slip in first quarter profitability today.
  • Someet sells one
    Dubai owner Someet Shipping has sold one of its two tankers to a compatriot owner.
  • Deutsche downs HHI
    Deutsche Bank has downgraded a second South Korean shipbuilder in a week in what has been a disappointing first quarter for the yards to date.
  • HMM bulkers next?
    Hyundai Merchant Marine is readying the sale of its dry cargo fleet after cashing in its LNG assets, according to reports in its homeland.
  • Aframax fault found
    Aker Philadelphia Shipyard is working to fix a propulsion problem with the first of two aframaxes being built for ExxonMobil.
  • Namura expects more
    Japan's Namura Shipbuilding has raised its annual profit forecast as revenue rises.
  • GE ships out tanker
    Great Eastern Shipping of India has continued its fleet renewal effort with the sale of one of its older products tankers.
  • Stena pushes up profit
    Sweden's Stena AB is continuing to focus on cost-savings, despite stronger results for 2013.
  • The $125m lunch
    We take a look at what was said in the market over the past week.
  • 10 hurt in ferry fire
    A fire has hit a DFDS ro-pax in Dover, injuring 10 people.
  • NYK sees cape rally
    NYK has forecast that capesize rates will rally to $23,000 per day in the second half of this year, more than double their present rate.
  • Beijing backs bond deal
    China Rongsheng Heavy Industries (Rongsheng) is looking to raise another HKD 1bn ($129m) from the sale of convertible bonds to affiliates of Bank of China.
  • Frontline hits ATM
    John Fredriksen?s Frontline Ltd (Frontline) is still taking advantage of an at-the-market (ATM) fundraising programme that launched nearly 12 months ago.
  • Chinese get Newcastle
    Port of Newcastle Investments has paid $1.6bn to a acquire a 98-year lease on the coal exports port of Newcastle, Australia.

American Shipperweb site
MAY 2, 2014
  • USDA accepts claims resulting from cotton fabric tariffs
  • Safety feature becomes 'hot button' issue for ILA
    A safety feature that has been incorporated into the 70-acre expansion of the Global Container Terminal in Jersey City/Bayonne has set off a disagreement between the International Longshoremen?s Association and terminal management.
  • Strike disrupts Panama Canal expansion
    Work on the Panama Canal expansion project has suffered another setback, as construction workers building the new set of locks for larger vessels have gone on strike, according to a notice posted on the website of Grupo Unidos por el Canal.
  • Kimberly-Clark, Saltchuk can't close deal for private harbor
  • ArcelorMittal sells interest in port, logistics firm ATIC
    ArcelorMittal said it has signed a an agreement to sell its 78-percent stake in the European port handling and logistics company ATIC Services to H.E.S. Beheer, the owner of the other 22 percent of the company.
  • BNSF outlines investment plans
  • ICTSI, Anglo Ports win contact for Australian terminal
  • NY/NJ Port Authority improves roads around Elizabeth terminals
  • Maersk announces surcharge for Montreal, Halifax cargo
  • Ecu-Line adds Fremantle office
  • Weekly GRI roundup
  • Executive moves
  • Retailers stress need for quick labor resolution
  • PayCargo management completes spin-off from First Data
    The ocean freight payment software provider PayCargo said this week its management team has finalized spinning the company off its former parent company, the payment processing and credit card issuer First Data.

The Bunker Bulletinweb site
MAY 2, 2014
  • Bunker prices mostly down in Houston
    Average demand reported at the US Gulf port.
  • Weekly Global Market Report
    A weekly price roundup from bunkering hubs around the world.
  • Bunker prices fall as crude softens
    Prompt deliveries available in Fujairah.
  • Markets lack direction in most European bunkering hubs
    But prices firm in Rotterdam.
  • Strike fears grow US West Coast
    Unions and bosses start negotiations on May 12.
  • UK Chamber planning 'week of action' on sulphur
    Wants flexibility in transition to 0.10% sulphur limit in bid to reduce impact on industry.
  • New laws pave way to bunker ship arrests
    Bunker arrests rare in Brazil but that could change.
  • Stena profits climb as focus remains on fuel efficiency
    Group aims at reducing costs while maintaining quality.
  • Asian bunker market broadly weakening
    Busan and Tokyo Bay to close for a holiday on Monday.
  • Vessel air cavity tech firm rebrands
    Move 'represents an exciting and definitive new era'.
  • Crude oil prices expected to fall
    US crude stocks are at their highest level since weekly reports began in 1982.
  • 'Bunker friendly' policy gets results for Indian port
    Sales almost double previous month's total.
  • Wind-powered ferry makes debut in San Francisco
    Vessel able to switch between wind power and fuel.
  • Employee re-joins Dan-Bunkering
    Staff returns to firm as group project manager.
  • Losses mount up for Titan Petrochemicals
    Firm's remaining activities in 2013 were its offshore storage and bunkering services.
  • Kirby Corporation stays in profit
    But growth stifled by costs related to Houston Ship Channel vessel collision.
  • Update: Language cause of vessel collision
    CMA CGM Florida and bulk carrier Chou Shan clashed in 2013, leading to a bunker spill in the East China Sea.
  • KPI Bridge Oil promotes staff to team leader
    Wong has been 'strong contributor' to the firm's Singapore office, says Managing Director.

›››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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