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30 July 2025 - Year XXIX
Independent journal on economy and transport policy
08:26 GMT+2
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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
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the first half of 2025, container traffic in the port of Gioia Tauro grew by +10.5%
Joy Taurus
2,186,211 TEUs were handled
A bulk carrier was attacked in the Red Sea
Portsmouth
The crew abandoned the ship which began to take on water
German government allocates 400 million euros to support energy transition in maritime-port sector
Over 78 million euros to the ports of Augusta and Taranto for offshore wind
Rome
Funds distributed over three years starting from 2025
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
Rijeka Gateway Terminal to become operational in early September
Copenhagen
The first ship at the second container terminal of the Croatian port is expected on September 12
Falteri (Federlogistica) urges us to focus on the development of "polycentric" logistics
Genoa
The Simplified Logistics Zone should be the cornerstone of the strategy
Tsuneishi Shipbuilding Co. acquired Mitsui E&S Shipbuilding Co.
Hiroshima/Tokyo
It was renamed Tsuneishi Solutions Tokyobay Co.
Pessina (Federagenti): Northern European logistics system is struggling. Let's take advantage of it!
Rome
Unexpected opportunity - he underlines - for the Mediterranean ports and Italian ones in particular
MSC Cruises Joins Carnival and Royal Caribbean in Capitalizing on Grand Bahama Shipyard
Miami
Negotiations underway since the end of 2024 have been successfully concluded
At The International Propeller Clubs the Dorso Award for the Mediterranean area
Naples
In recognition of the primary role played by logistics operators in Mediterranean traffic
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