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26 October 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
August 6, 2014
Sched Netweb site
  • Panama Canal Authority, canal builders reach lasting peace agreement
  • MOL posts US$71 million loss, cuts forecast, Moody's talks downgrade
  • Panamax glut rises as China's hydropower output cuts coal shipping
  • Big forwarders get bigger and beat market ocean freight averages
  • Forwarding market value declines 3.3pc, but good times ahead: Ti study
  • China PMI falls to six-month low in July as property market slumps
  • Increasing signs of flagging trade puts global growth at greater risk
  • Annual salvage jobs flat, but revenues rise 11.3pc to US$700 million
  • Amazon plans to invest US$2 billion more in Indian e-commerce race
  • Old Dominion first half profit up 26.8pc as revenues rise 19.1pc
  • Maersk appoints Lauritzen manager for Malaysia, Singapore and Brunei
  • World needs 7pc more pilots - 533,000 - in next 20 years, says Boeing
  • ANA finalises US$16.5 billion deal for 40 Boeing and 307 Airbus planes
  • JAL international cargo revenue spikes 9.2pc boosted by car exports
  • UTair Aviation air show in Tyumen August, 16 - 2,500k east of Moscow

Exim Indiaweb site
AUGUST 5, 2014
  • Global shipping bodies issue Ebola virus advice
  • Inaugural European Shipping Week in Brussels early next year
  • MOL receives Green Flag Award & Vessel Speed Reduction Award from Long Beach & Los Angeles ports
  • Honda to increase car exports from India this year
  • Tea exporters seek VAT refund
  • 'JSW Jaigarh Port has the capacity to service cargoes competitively'
  • APM Terminals Mumbai leads the way in Health & Safety
  • First gates moved to new locks for Panama Canal expansion
  • Petronet LNG set to lease out Kochi terminal storage
  • Transport & dock workers in Kandla honour prominent union leader
  • Essar Projects bags maiden contract worth $ 54 m from Saudi Aramco
  • INR rises further on increased dollar selling
  • RBI keeps repo rate & CRR unaltered Reduces SLR

International Transport Journalweb site
AUGUST 5, 2014
  • Panama Canal financing agreed

Marine Logweb site
AUGUST 5, 2014
  • Cape Wind signs wind farm construction contract
  • Panama Canal expansion means bigger insurance risks
  • NVOCCs get a high-tech boost
  • Ezra subsea division books contracts worth $110 million
  • Egypt to add parallel stretch to part of Suez Canal
  • MTU to showcase IMO Tier III solutions at SMM
  • Sinopacific books first Mexican OSV order

World Wide Shipperweb site
AUGUST 5, 2014
  • Report finds intermodal count posts gains during second quarter
  • CSX Corporation sets record with quarterly revenue totals
  • Mitsui OSK Lines earns honor for vessel slow down compliance
  • Federal Mediation and Conciliation Service gives update on ILWU/grain handler talks
  • Old Dominion Freight Line releases second quarter numbers

Lloyd's Listweb site
AUGUST 5, 2014
  • OSG secures finance and exits Chapter 11
    Jefferies deal comes a day after the tanker firm posted a second-quarter loss
  • Pateras buys Sea Urchin in Singapore auction
    Greek firm buys two bulk carriers arrested after Alphabank foreclosed on Alert
  • Caribbean to US Gulf aframaxes shine
    Earnings high on robust demand for ships
  • Lessors will expand their box market share, says Drewry
    Divesting carriers turn to leasing companies to supply the containers they need
  • Canal, plus - Egypt unveils plans for a second waterway through Suez
    Cairo proposes a parallel route that would eliminate the need for convoys
  • Offshore vessel contract points to South American tanker opportunities
    A region that benefits platform-supply units could also reshape the global tanker trades
  • Panama Canal expansion back on track
    GUPC and ACP finalise third lock contract
  • Hapag-Lloyd switches Loop 4 from Rotterdam to Antwerp
    German carrier cites congestion at Dutch port
  • BW Offshore borrows $800m for North Sea FSPO project
    Ten-year credit facility supports a venture on Catcher oil field
  • Badly built hold ladders on newbuildings put crew in danger
    Owners face financial risk from defects, P&I club warns
  • CSAV share sale nets $108m to fund seven boxships
    Second sale starting on Thursday expected to take financing to $202m
  • Sinotrans Shipping sees near-term oversupply in bulker market
    Recovery will be slow and modest
  • Box ports play for high stakes as alliances change industry landscape
    DP World's Ganesh Raj spells out challenge of shrinking customer base for neutral terminal operators
  • Expanded Panama Canal poses new risks
    Insured value of cargo transiting the canal to increase by up to $1.3bn per day

Sea-webweb site
AUGUST 5, 2014
  • Caution urged on cyber risk insurance
    The insurance industry is gearing up to provide cover for maritime cyber risks. But maritime risk experts have told IHS Maritime that insurers need more ship-specific information. At a maritime cyber security conference in London recently, Stephen Wares, the cyber risk practice leader for EMEA for
  • CSAV raises newbuild cash
    Chilean liner company CSAV has partially completed a rights offering to fund newbuilds prior to its proposed tie-up with Germany's Hapag-Lloyd. CSAV said on 4 August that it had garnered $108M, 53% of the $202M it plans to raise to complete financing for its seven 9,300teu newbuilds being
  • Shipping bodies issue Ebola advice
    Three global shipping organisations issued a joint guidance to their members on the risks posed to ships' crews calling in countries affected by the Ebola virus. The ICS (International Chamber of Shipping), IMEC (International Maritime Employers' Council), and the ITF (International Transport
  • UK to invest in northern 'powerhouse'
    UK Chancellor of the Exchequer George Osborne has announced his readiness to invest in transport infrastructure to turn the north of England into an economic "powerhouse". The timing of the minister's announcement coincides with the launch of a report commissioned by the north's main cities calling
  • Pareto raises share price targets for four VLGC owners
    Recent fall in share prices of VLGC owners BW LPG, Aurora LPG, Avance Gas Holding, and Dorian LPG has created buy opportunity for investors. The positive long-term outlook in the business outweighs short-term woes, according to shipping analysts at Pareto Securities in Oslo, who have also raised
  • BW Offshore signs FPSO credit agreement
    BW Offshore has signed the facility documentation for a $800M, 10-year senior secured credit facility for the Catcher FPSO project. The equity ratio covenant in the Catcher facility is 25%, which is in-line with BW Offshore's three bond loans. "BW Offshore has also received consent from all lenders
  • Idle box fleet at three-year low
    The idle container ship fleet has fallen to its lowest level for three years, according to container shipping industry analyst Alphaliner. As of 28 July, just 119 vessels over 500teu, representing a combined 230,900teu, were idle, the lowest number since August 2011, the analyst said. The biggest
  • Shipping targeted by web scams
    Shipping Australia Limited has warned its members to watch out for scammers setting up fake shipping company web sites in their name. The scammers have targeted Australian and New Zealanders, advertising second hand goods sourced overseas. The websites seek payment for goods including large
  • Ningbo Port estimates volume up 5.3%
    Shanghai-listed Ningbo Port estimated that it handled 1.76M teu in July, an increase by 5.3% year-to-year. The port's cargo throughput for July is also estimated to be 44.35M tonnes, up by 0.3% y/y. Throughput in Ningbo kept increasing in the first half of this year, amounting to 265M tonnes, up by
  • One dead, four missing in Fujian ship collision
    Panama-flagged bulk carrier Ultra Vanscoy collided with a fishing boat in Zhangzhou, Fujian Province, on Sunday morning, leaving one dead and four missing. The accident took place 30 nautical miles east of the Gulei Peninsula. There were eight crew members on the fishing boat, which sank after the
  • Sinopacific wins PSV order
    Sinopacific Shipbuilding Group (Sinopacific) has recently signed a contract with Mexican shipping company Naviera Petrolera Integral for the construction of three SPP17A platform supply vessels (PSV). All vessels will be built at Sinopacific's Zhejiang Shipyard and are expected to be delivered
  • Ferry carrying 200 capsizes in Bangladesh
    A ferry capsized in the middle of Padma River, Bangladesh yesterday, carrying around 200 passengers on board. Ferry Pinak 6 was heading towards Mawa terminal from Kawrakandi ferry terminal, before sinking in the middle of the Padma near Mawa ferry terminal at about 1100 hours local time. Some of the
  • Mencast to see growth in share prices
    Singapore-listed offshore service provider, Mencast Holdings, is poised for growth, according to Lee Yue Jer, offshore and marine analyst from DMG and Partners Securities. Lee has set a target price of SGD0.62 (USD0.49) per share for Mencast, while the stock prices are currently valued around
  • EMAS AMC bags jobs worth $110M
    Singapore-headquartered offshore service provider, EMAS AMC, the operating brand of Ezra Holdings, has won contracts around the world worth around USD110 million, including options. The scope of work for the projects include the transport and installation of subsea structures in Africa; inspection,
  • Sembcorp sees rise in earnings
    Singapore-listed offshore service provider, Sembcorp Marine, saw a jump of 19% quarter on quarter (q/q) in its turnover to SGD1.34 billion (USD1.07 billion) in 2Q14. The company's gross profit rose 36% to SGD194 million in 2Q14 as compared to SGD143 million ($114.7 million) from the same period last
  • Sinotrans Shipping profits surge in 1H14
    Hong Kong-listed Sinotrans Shipping's profits surged 521% year on year (y/y) to USD10 million in the first half of 2014 due to a rebound in the dry bulk shipping market and the cut in operating costs. Its revenues also rose 21% y/y to USD112.7 million during the same period, a stock filing of the

The Journal of Commerceweb site
AUGUST 5, 2014
  • US fruit imports moving south
    With the pending expansion to the Port of Savannah of a U.S. Department of Agriculture pilot program, three southern U.S. ports will be able to receive South American blueberries and grapes. Beginning Sept. 1, citrus fruits, grapes and blueberries from South America can enter the U.S. market through the Port of...
  • US states target cold-chain transport violations
    Some U.S. states aren't waiting for federal rules but are increasing inspection and enforcement actions related to temperature-controlled transport on their own, mainly targeting temperatures and conditions of refrigerated trucks. The California Department of Health ordered food distribution giant Sysco to pay almost $20 million in fines and restitution for storing...
  • PNW terminal presses USDA for inspectors so it can export grain
    The United Grain export terminal in Vancouver, Washington, which has been picketed by the International Longshore and Warehouse Union since dockworkers were locked out the facility in February 2013, is urging national farm interests to join the company in convincing the U.S. Department of Agriculture to assign inspectors so grain...
  • Maersk to impose Hamburg congestion surcharge
    Traffic and congestion at the Port of Hamburg have led to major truck wait times, and Maersk Line in consequence has announced a congestion surcharge on containers heading to the port. The surcharge, which will go into effect on Aug. 14, is due to what Maersk called "severe traffic disruption" that...
  • Save a trip: TSA to mail TWICs to approved applicants
    Applicants for Transportation Security Identification Credential cards now can have them mailed directly to their homes or other locations instead of having to make a second trip to pick up the cards at a TWIC enrollment center. The Transportation Security Administration's new policy addresses a long-standing complaint by workers, many of...
  • US East Coast-West Coast import market share shifts
    Marginal changes in container imports market share show U.S. East Coast ports slowly took business away from their West Coast competitors in the first half of 2014. Data from PIERS, the data division of the JOC Group, shows East Coast ports gained 0.3 percent of the market share during the first...
  • India's Gateway Distriparks sees jump in fiscal 1Q profit
    Growth in intermodal rail activity helped Gateway Distriparks Ltd., India's leading port-based logistics provider, book higher profit in its firscal first quarter, which ended June 30. The Mumbai-based company reported its consolidated net income in the three-month period surged 23 percent from a year earlier to Rs. 36.9 crore (about $6...
  • PwC reports jump in transportation, logistics M&A activity
    Global merger and acquisition activity in the transportation and logistics industries picked up the pace in the second quarter, paving the way for a modest recovery for the rest of the year, according to a PwC U.S. report released today. There were 51 transportation and logistics deals worth $50 million or...
  • Air cargo growth slows despite strong Asia-Pacific
    The growth in global air cargo traffic slowed in June as a strong performance by Asia-Pacific and Middle East carriers was offset by declines in Europe and North and South America, according to the International Air Transport Association. The year-on-year increase more than halved in June to 2.3 percent from 4.9...
  • Clean Energy Completes and Opens 27 Stations Year-to-date; Signs Multiple Additional Fueling and Station Development Agreements
    EWPORT BEACH, Calif. (August 5, 2014) - Clean Energy Fuels Corp. (NASDAQ: CLNE) today announced the completion and opening of 27 natural gas fueling stations in the first half of the year, nine of which are truck-friendly America's Natural Gas Highway stations. Upgraded equipment and additional compression capacity have also been added to 10 existing stations to keep...
  • Southeastern Freight Lines Promotes Brian Schulz to Regional Vice President of Operations
    LEXINGTON, S.C. (August 4, 2014) - Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, today announced that Brian Schulz has been promoted to regional vice president of operations, overseeing operations for 14 service centers located in Louisiana and Texas.As a 15-year veteran Southeastern employee, Schulz has served...
  • MOL Receives Green Flag Award and Vessel Speed Reduction Award from both Long Beach and Los Angeles Ports
    TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that the company has earned recognition from the ports of both Long Beach and Los Angeles, California, for its efforts to ensure compliance with standards that call for vessels to slow down within 40 nautical miles (nm) of the shore. The...
  • Maritime Anti-Corruption Network
    Kawasaki Kisen Kaisha, LTD ("K" Line) is pleased to announce that it has become a member of the Maritime Anti-Corruption Network (MACN).MACN is a global business network dedicated to achieving the vision of a maritime industry free of corruption, one that enables fair trade to the benefit of society at...
  • YRC Freight Sends 23 State Champion Drivers to the 2014 National Truck Driving Championships
    OVERLAND PARK, Kan., Aug. 4, 2014 (GLOBE NEWSWIRE) -- YRC Freight announced today that it will be sending 23 state champion drivers to participate in the National Truck Driving Championships (NTDC) to be held August 12 - 16 at the David L. Lawrence Convention Center in Pittsburgh, Pennsylvania. YRC Freight drivers have a long history of competing...
  • Argenzio Joins ECU Line /Econocaribe
    Vince Argenzio has been appointed Vice President of Business Development as of August 1, 2014 for ECU Line/Econocaribe. According to John Abisch - President of Econocaribe, "Our organization is excited to have Vince become part of our management team, his experience in business development and operations will undoubtedly assist us...
  • Canaveral Allocated $1.6 Million in 2014 Port Security Grant Funding
    PORT CANAVERAL, FL- August 4, 2014 - Canaveral Port Authority will utilize the $1.6 million awarded from 2014 Port Security Grant Funding for a new port-wide cyber-security program, software that integrates existing security systems and resources into a single uniformed platform and CCTV expansion into new cargo facilities. With $225,000 of...
  • Global shipping bodies issue Ebola virus advice
    Three global shipping organisations today issued guidance to their members on the risks posed to ships' crews calling in countries affected by the Ebola virus. The ICS (International Chamber of Shipping), IMEC (International Maritime Employers' Council), and the ITF (International Transport Workers' Federation) urgently advise that on all such vessels: 1. The Master...
  • International Seafarers Center Appoints New Executive Director
    Guy Fox, president of the International Seafarers Center Board of Directors, has announced the appointment of Capt. Dick McKenna as the new executive director of the International Seafarers Center (ISC) - Long Beach and Los Angeles. McKenna was formerly chief-of-staff for U. S. Navy operations in Southern California and was the former executive director of...

TradeWindsweb site
AUGUST 5, 2014
  • Polsteam scraps panamax
    A leading European operator appears to have parted ways with another ageing bulker.
  • Economou the optimist
    DryShips reported a second-quarter loss Tuesday evening but the diversified Greek owner's chief executive appears to be pleased with the results.
  • Fredriksen firms fined
    The US Commodities Futures Trading Commission (CFTC) appears to have emerged victorious in a lengthy legal battle with affiliates of Norwegian shipping tycoon John Fredriksen.
  • Wilson cans cargoship
    Wilson ASA (Wilson) of Norway appears to be making progress in its campaign to offload ageing tonnage.
  • PRGN readies bond offering
    Greek bulker owner Paragon Shipping has returned to the capital markets for the cash it needs to slash debt.
  • Ebola guidance issued
    Global seafarers and owners' organisations have urged crews to take precautions against the possible spread of the deadly Ebola virus on ships visiting West Africa.
  • OSG exits Chapter 11
    OSG has exited Chapter 11 after almost two years under court protection.
  • Egypt in $8.4bn Suez upgrade
    Egypt plans to invest $8.4bn to create a waterway running parallel to the Suez Canal, it revealed today.
  • Alternative investments
    What would you do with the money from the sale of the world's most expensive ship?
  • Boxships in new idle low
    Severe port congestion in Manila and Tunisia has helped push the idle containership fleet to its lowest level in three years.
  • Vard in tax riddle
    Brazil has hit Vard Holdings with a NOK 200m ($31.92m) tax bill which the shipbuilder is contesting.
  • TEN lines up six
    Tsakos Energy Navigation has whetted investor appetite for newbuilding orders amid suggestions at least six new tankers will be added by the close of 2014.
  • OSG in $204m Q2 loss
    OSG has booked a heavy loss for the second quarter.
  • DOF PSV stays in Brazil
    Petrobras has agreed to extend its employment of a platform supply vessel (PSV) owned by Norway's DOF.
  • BWO bags $800m loan
    BW Offshore has penned a new $800m loan to cover one of its FPSOs operating in the North Sea.
  • CSAV notches up $108m
    Compania Sud Americana de Vapores (CSAV) has raised $108m to go towards a series of containership newbuildings.
  • EMAS in $110m top up
    Singapore's EMAS AMC continues to bolster its order backlog with new contracts worth $110m, the company confirmed Tuesday.
  • Double arrest in Singapore
    A products tanker controlled by Elmira Tankers Management of Greece and a general cargo ship controlled by Intersee of Germany have both been arrested in Singapore.
  • Nolde out from Deilmann
    Christopher Nolde, the man brought in to turn around the ailing fortunes of German luxury cruise operator Peter Deilmann Reederei, has left after less than two years on the job.
  • Scrap prices plummet
    The recycling industry was reeling this week on the heels of a steep drop in prices paid for tonnage torched in India.

American Shipperweb site
AUGUST 5, 2014
  • DHL has solid second quarter
    Net profit for the second quarter rose by 9 percent to 461 million euros. Operating earnings ended the quarter at 654 million euros, up by almost 6 percent, year-over-year.
  • International traffic leads intermodal growth in Q2
    "The second quarter results were indicative of a rebounding economy and higher-than-predicted import shipments," said Joni Casey, president and chief executive officer of the Intermodal Association of North America.
  • IATA: Air cargo demand up in June, but growth rate slows
    International air cargo demand ticked up in June by 2.3 percent, when compared to June 2013, after showing a 4.9-percent rise in May, according to the latest figures from the International Air Transport Association.
  • Report: More M&A activity in transportation industry
    There was more merger and acquisition activity in the transportation and logistics industry in the second quarter of 2014 than in the first quarter of this year, according to PricewaterhouseCoopers.
  • Agreement between Panama Canal, contractors on financing
    The Panama Canal Authority and the consortium working on the expansion project have signed an agreement that incorporates a variation reached in March to the original 2009 contract.
  • King Ocean moving cargo from Miami to Port Everglades
    King Ocean moved approximately 140,000 TEU through Port Everglades in the fiscal year that ended Sept. 30, 2013, and recently added a 7.3-acre Midport marine terminal to its existing 33.8-acre Southport terminal.
  • Delta's cargo numbers up in July
  • CSAV raises $108 million in stock sale

The Bunker Bulletinweb site
AUGUST 5, 2014
  • Prices still falling in Fujairah
    Markets generally soft in South Africa.
  • Reports: Banks instigated ship arrests
    Two vessels were detained in Singapore.
  • European bunker markets remain soft
    Hamburg: Market was slow.
  • KPI Bridge Oil Group appoints new CEO
    Carsten Ladekjaer is a veteran in the bunker business.
  • Uncertainty grows over sanctions
    Fears in the bunker market about potential impact of sanctions on transactions with Russian companies.
  • Asian prices spiralling down
    Supplies in Singapore returned to normal on Tuesday.
  • Emissions 'coming into the fore' at key export port
    Welcome for moves to cut airborne pollution from ships at Australian port.
  • Mexican PSV owner buys hybrid-electric trio
    Vessel design claims low bunker consumption.
  • Italy brings forward emissions control rule
    Government approves proposal to 'eliminate' sulphur from marine fuels in territorial waters from 2018.
  • Gas fuelled ferry planned for Bothnian Corridor project
    'Feasibility and environmental sustainability are cornerstones of the design.'
  • Shipowners mull 'wingsails' adoption
    Singapore-flagged tonnage under consideration for trials.
  • Tsakos Energy Navigation back in Q2 profit
    Voyage expenses were $2 million higher in Q2 2014.

›››File
FROM THE HOME PAGE
Marsa Maroc and CMA CGM have formalized the agreement for the management of the new West Terminal at the port of Nador West Med.
Paris
It will become operational in 2027
SAS (MSC group) will exit Moby by selling 49% of its capital to Onorato Armatori
Rome
The AGCM announces that the commitments presented dissolve the structural and financial ties that had motivated the start of the investigation
Moving the cruise terminal in Trieste is being considered.
The UIRR is disappointed by the European Commissioners' intention to withdraw their proposed amendment to the Combined Transport Directive.
Brussels
The sector - the association underlines - needs a framework legislation
Sparks fly between the League and Brothers of Italy over the appointment of the presidents of the Port System Authorities.
Rome
Salvini accuses the majority party of obstructing them, absolving Giorgia Meloni from any responsibility
In the third quarter, freight traffic in the port of Taranto decreased by -22.9%
In the third quarter, freight traffic in the port of Taranto decreased by -22.9%
Taranto
Decline in all main product segments except liquid bulk
Kuehne+Nagel announces cost reduction program
Schindellegi
In the third quarter of this year, net sales fell by -6.8%
In the third quarter, DSV recorded a net profit of DKK 2.2 billion (-24.1%).
Hedehusene
Revenues rose 63.2% to a record $72 billion.
Fedespedi and Assiterminal are asking the Ministry of Transport for clarification and changes to the rules governing truck waiting times for loading and unloading.
Milan
Federlogistica: Before launching the port reform, a discussion with operators is necessary.
Genoa
Falteri: No reform can work unless it arises from a true, structured, and ongoing dialogue.
In the third quarter, freight traffic in Spanish ports increased by +0.7%
Madrid
Container cargo and dry bulk volumes are declining
ESPO calls for continued efforts towards a global solution on ship emissions despite referral to IMO
In the third quarter, freight traffic in the port of Antwerp-Bruges decreased by -2.8%.
In the third quarter, freight traffic in the port of Antwerp-Bruges decreased by -2.8%.
Antwerp
In addition to bulk cargo, containers also decreased
Luka Koper and CEVA Logistics launch joint venture for car traffic in Slovenian ports
Koper
CMA CGM has signed a declaration of intent
Greer (USTR): Chinese retaliatory measures will not prevent US from rebuilding its shipbuilding base
While for many the postponement of the Net-Zero Framework should be seen as an opportunity, for others it derails the path to decarbonisation of shipping.
Norwegian Cruise Line Holdings ships will refuel with renewable fuels in the port of Barcelona
Miami
Eight-year agreement with Spain's Repsol
The IMO MEPC has decided to postpone the vote on the shipping decarbonisation strategy by one year.
London/Brussels
Kazakhstan (ICS): Industry needs clarity. T&E, there's a risk that the agreement, even if adopted in a year, won't enter into force before 2030.
ESPO welcomes the EU Parliament's recognition of the role of ports in strengthening mobility and military resilience.
Brussels
Ryckbost: We hope that these points will be reflected in the final compromise text.
PSA Genova Pra' terminal authorized to accommodate two 400-meter container ships simultaneously
Genoa
Yesterday the "COSCO Shipping Taurus" and "Evelyn Maersk" moored, both 20,000 TEU vessels.
Salvini, the port reform aims to create a national port network capable of overcoming fragmentation
Rome
The relaunch of an integrated vision of the planning and programming of all port investments is foreseen
Port of Los Angeles Sets New All-Time Quarterly Container Traffic Record
Los Angeles
Port authorities are concerned about the impact of new taxes on Chinese ships and cranes.
HMM invests $2.8 billion in the construction of 12 13,000 TEU containerships and two VLCCs
Seoul
The ships will be delivered by April 2029
Filt Cgil, concerned about the TAR ruling on self-production in the port of Salerno.
Pirate attacks on ships increased by 37% in the third quarter
Pirate attacks on ships increased by 37% in the third quarter
Kuala Lumpur
The Singapore Straits region remains at high risk
Appointments of Port Authority presidents and port reform remain stalled, according to port operators at La Spezia.
Appointments of Port Authority presidents and port reform remain stalled, according to port operators at La Spezia.
La Spezia
A heavy brake - they underline - on the principles of participation, transparency and control provided for by the current legislation
In Indonesia, two accidents on the same ship at the same shipyard cause 14 deaths.
Batam
This morning a second explosion on the FSO "Federal II"
South Korea's Hanwha Ocean has been implicated in the trade war between the US and China.
Beijing
Beijing also took countermeasures against five US subsidiaries of the shipbuilding group
Port of Singapore set new all-time container throughput record in third quarter
Singapore
By weight, however, this cargo volume recorded a decrease of -1.8%.
Green fuel producers support IMO's shipping decarbonization strategy
London
The importance of introducing incentives for green e-fuels was underlined
In August, freight traffic in the ports of Genoa and Savona-Vado increased by +2.5% thanks to the increase in bulk cargoes
Genoa
Various goods fell by 14.4%. The Spediporto Conference
The US threatens retaliation against states that vote to approve the Net-Zero Framework.
Washington
"Our fellow IMO members," Rubio, Wright, and Duffy warned, "should be warned."
Wallenius Wilhelmsen: New US port tax on car carriers is higher than expected.
Oslo
From tomorrow they will rise to 46 dollars per net ton
USTR announces heavy tariffs on port cranes and other handling equipment made in China
Washington
100% additional tariffs on ship-to-shore port cranes
Salvini reassures the port of Livorno of the additional resources needed for the new Darsena Europa.
Livorno
Even a hundred million euros more - the minister stated - will not block the development of the airport.
Chinese taxes on US ships effective October 14
Chinese taxes on US ships effective October 14
Beijing
Beijing's response to the taxes that will be imposed on Chinese ships calling at American ports
In the third quarter of this year, cargo traffic in Turkish ports grew by 4.6%.
Ankara
Volumes with Italy increased by +7.3%, with a sharp increase in containers (+32.2%)
Taiwanese Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenue
Taipei/Keelung
In the period July-September, decreases of -36.7%, -42.2% and -35.7% were recorded
ASA, ECSA, ICS, WSC, ITF, IAPH and IBIA call for approval of the Net-Zero Framework
Brussels
Only global standards - they underline - will be able to decarbonise a global industry.
Zanetti (Confitarma): ensure the competitiveness of the Italian armaments industry with support tools suited to the sector
Rome
In the second quarter, freight traffic in the ports of Naples and Salerno recorded drops of -5.3% and -3.2%
Naples
Cruise passengers on the rise
New US tariffs will have a strong impact on containerized imports into the US in the coming months
Washington
National Retail Federation and Hackett Associates forecasts
In 2024, freight transported by rail by the Spanish company RENFE Mercancías decreased by -12.0%.
Madrid
The financial year ended with a net loss of -32.2 million euros
ZIM will not apply surcharges for new US taxes on Chinese vessels
Haifa
The new US tariffs will take effect on October 14th.
ABB sells its robotics division to SoftBank Group Corp. for $5.4 billion
Zurich/Tokyo
ABB Robotics employs approximately 7,000 people
Federlogistica calls for acceptance and implementation of the regulation on waiting times for heavy vehicles.
Genoa
Falteri: essential protection for the regularity, safety, and economic sustainability of road haulage companies.
Ten European rail associations call for acceleration of TEN-T network completion
Brussels
The need to ensure sufficient funding for the implementation of interoperable systems at European level was highlighted
SAAM Towage to Complete Acquisition of Entire Share Capital in Colombia's Intertug
Santiago
An agreement was signed to obtain the remaining 30%
Last August, the Suez Canal was crossed by 1,070 ships (-3.3%)
Last August, the Suez Canal was crossed by 1,070 ships (-3.3%)
Cairo/Ismailia
In the first eight months of 2025, maritime traffic fell by -9.4%
Port of Salerno: Work resumes to complete the "Porta Ovest"
Naples/Rome
Cuccaro appointed special commissioner of the Central Tyrrhenian Port Authority. Annunziata resigns.
Renewal of concession for Croatian shipyard Iskra Shipyard
Sebenico
The naval-mechanical plant will be expanded to an area of 11,000 square meters
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
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
Palermo
The direct intervention of the AdSP commissioner Tardino was crucial - explain Filt, Fit and Uilt
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.
A new record in cruise traffic is expected in Italian ports in 2026
Catania
In Catania, Risposte Turismo presented the new edition of the "Italian Cruise Watch" report.
Quarterly freight traffic growth at the port of Barcelona. Declining in Algeciras.
Barcelona/Algeciras
In the period July-September, percentage variations of +1.8% and -4.1% respectively were recorded
Fincantieri launches the first integrated underwater drone system
Trieste
Tested at the Naval Support and Experimentation Center in La Spezia
Filt Cgil: The method adopted to define the port reform is unacceptable.
Rome
The union denounces the lack of involvement of workers' representatives and the lack of prior consultation.
General Assembly of Logistics: Northwest Alliance Renewed
Turin
Liguria, Lombardy, and Piedmont Regions, MIT, RFI, and Ferrovienord Sign Agreement
Konecranes reports quarterly revenue decline while orders rise.
Helsinki
In the period July-September, orders acquired for 1.15 billion euros (+20.1%)
GNV has taken delivery of the new ro-pax GNV Virgo in China
Genoa
It is the first ship powered by liquefied natural gas in the company's fleet.
A new maritime service for rolling stock to North Africa is underway at the Vado Ligure Reefer Terminal.
Vado Ligure
Connection with the Libyan port of Misurata
Grimaldi and China Merchants Shenzhen RoRo Shipping sign cooperation agreement
Naples
Expected to offer greater capacity and a broader and more efficient service network to support Chinese exports
The 2026 budget forecast and the POT of the Port System Authority of the Southern Tyrrhenian and Ionian Seas have been adopted.
Gioia Tauro
Piacenza: Cold ironing is also important to avoid having to face significant fines.
The Port of La Spezia has completed its first cold ironing tests at Molo Garibaldi.
La Spezia
The transformation cabin at the dock has been connected to the cruise ship "MSC Seaview"
Global Ports Holding has signed a contract to manage the Casablanca cruise terminal.
Istanbul
15-year agreement with option for a 20-year extension
A conference on e-commerce returns at LIUC
Castellanza
In the fashion sector they represent over 30% of online orders in Europe
Australian Scott McKay is the new president of the International Cargo Handling Association.
London
He took over from John Beckett
Fincantieri and Defcomm sign agreement for the development of surface drones.
Trieste
Co-investment to accelerate its industrialization
Container traffic in the port of Valencia fell by 11.6% in September.
Valencia
In the third quarter of 2025, overall freight traffic decreased by -3.2%
Container traffic at the Port of Long Beach increased by 0.7% in the third quarter.
Long Beach
Empty spaces are rising. Full capacity at boarding and disembarking is down 1.0% and 8.5% respectively.
Piacenza: The port of Gioia Tauro aims to handle seven million containers by 2029.
Genoa
Transhipment - he underlined - represents an essential gateway for international goods into the national market.
Arkas Line's new direct service connects the Eastern Mediterranean and Italy with West Africa.
Izmir
It will be held on a weekly basis
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Assocostieri urges revitalization of the national bunkering sector
Genoa
Among the proposals, making it possible to use barges as floating storage facilities for alternative fuels
The Ministry of Transport has requested an agreement for Consalvo to become president of the Eastern Adriatic Port Authority.
Rome/Trieste
Fedriga: The Friuli Venezia Giulia Region will express its agreement
Federmar-Cisal proposes a new distribution of the tonnage tax benefits
Rome
Pico: For maritime personnel, financial recognition is not always proportionate to the essential role they play
P&O Maritime Logistics completes acquisition of controlling stake in NovaAlgoma Cement Carriers
Lugano
Obtained the necessary regulatory approvals
Fatal accident in the port of Ravenna
Ravenna
A 67-year-old truck driver lost his life at the Sapir terminal.
A Norwegian delegation visits the Northern Tyrrhenian Port Authority
Livorno
ABB's quarterly financial performance shows sharp growth
Zurich
In the period July-September the value of new orders increased by +11.6%
Fratelli Neri buys two tugboats produced by Egypt's Misr Tugboats Factory
Ismailia
They will be taken into delivery in the first quarter of 2026
COSCO Shipping Ports Sets New Quarterly Container Traffic Record
Hong Kong
In the period July-September, 29.8 million TEUs were handled (+3.6%)
Container traffic in the port of Hong Kong fell by -9.2% in the third quarter
Hong Kong
A 16.3% drop was recorded in September
Port of Civitavecchia appoints members of the Marine Resources Partnership Body
Civitavecchia
He will remain in office for four years
New quarterly record for container traffic handled by CMPort port terminals
Hong Kong
New highs recorded both in China and at overseas ports
CMA CGM to order six feeder containerships from Cochin Shipyard
Kochi
Order worth approximately 300 million dollars
Efficient solutions for the port launching of floating wind turbines are being studied in France
Trondheim/Brest
Agreement between the Norwegian BOA and the port of Brest
Augusta Due has acquired a second new tanker built by Fujian Southeast Shipbuilding Co.
Rome
It has a capacity of 18,590 deadweight tons.
IRU, CLECAT, ESC and GCCA oppose binding targets for demand for zero-emission trucks
Brussels
They ask to focus instead on creating favorable conditions for operators to be able to use them.
Marialaura Dell'Abate is the new president of Confitarma's Young Shipowners' Group.
Rome
In the third quarter, cargo traffic in Russian ports grew by +4%
St. Petersburg
Only import loads are decreasing
Matteo Caiti appointed country manager for Italy at Forto
Milan
The goal is to consolidate growth on the Italian market
DP World to build and operate multimodal terminal in Uzbekistan
Dubai
Joint venture with Tashkent Invest
Applications for rail freight transport incentives are now open.
Rome
From today the requests to access the Ferrobonus
Confitarma welcomes Senate approval of simplification measures for the maritime transport sector.
Rome
A rapid approval in the Chamber is also hoped for
The maritime, port and logistics sector asks the Ministry of Transport for clarification on the regulation on waiting times for loading and unloading goods
Rome
A dialogue was called to determine the identification of correct application indications of the law
Four icebreakers for the U.S. Coast Guard will be built in Finland.
Washington
Agreement signed by Presidents Donald Trump and Alexander Stubb
PSA International wins the "Best Singapore Investor in Italy" award.
Genoa
It was awarded by the Italian Chamber of Commerce in Singapore
The Italian Navy's Olterra ship was launched in Genoa.
Genoa
It is the first military project built by the T. Mariotti shipyard
The first ferry owned by the Sicilian Region launched in Palermo
Palermo
Folgiero: Revitalization of the Sicilian shipyard as part of Fincantieri's new industrial plan
In the third quarter, containers carried by OOCL vessels increased by +0.7%
Hong Kong
Accentuation of the reduction in revenues which fell by -25.9%
Assologistica approves new rules on pallet exchange
Rome
Approved by the Senate, the text passes to the Chamber of Deputies
Offshore wind farm in the port of Augusta ready in two or three years
Palermo
Di Sarcina: We are confident in a rapid allocation of the planned resources, amounting to approximately 50 million euros.
In the Netherlands, a self-driving vessel has been authorised to sail outside a restricted area.
Rotterdam
German company Helsing acquires Blue Ocean Monitoring
London
Australian company builds self-driving submarines
The decree designating the port of Taranto as a national offshore wind hub has been made official.
Taranto
Gugliotti: Unlock resources for modernizing and upgrading port areas
One of two injured sailors from vessel attacked in Gulf of Aden dies
Amsterdam/London
Dominquez (IMO): Strong condemnation of any type of attack against ships
Salvini met with the deputy CEO of the Turkish terminal operator Yilport.
Rome
At the centre of the meeting was the dredging of the port of Taranto.
The Logistics & Sea Academy has equipped itself with new simulators for operating ships, tugboats, trains and port cranes
Venice
Investment of four million euros
Giovanni Punzo, founder and president of CIS - Interporto Campano for thirty years, has died.
Nola
Among the founders of Italo, the first private Italian operator on the high-speed rail network
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
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
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
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.
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.
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
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
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
Foreign firms to operate 3 terminals under Ctg Port for up to 30 years; deals by December
(The Business Standard)
We'II Rebuild Apapa, Tin-Can Ports In 48 Months - Dantsoho
(Leadership)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
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
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
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