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04 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
In August, freight traffic in the port of Ravenna grew by +10.9%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
Federlogistica has established its own representation in the Iberian Peninsula
Genoa
It will support Italian entrepreneurs operating in Spain
Boluda acquires Royal Boskalis' towage and salvage operations in Australia and Papua New Guinea.
Valencia
Transaction valued at $640 million
ESPO urges IMO States to formally adopt the Net-Zero Framework
Brussels
The association also urges the EU Commission to align European standards
The Port of Los Angeles plans to build a new container terminal.
Los Angeles
Invitation to submit expressions of interest
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
Geneva
The most significant growth in PLSCI was recorded by the port of Savona-Vado Ligure (+53.7%)
ONE will not charge surcharges for new US taxes on Chinese ships
Singapore
They will be applied starting from October 14th
Fincantieri and Aeronautical Service sign agreement for the use of composite materials in the naval, civil, and military sectors.
Trieste
Genoa Port Terminal concession renewal approved until 2054
Genoa
The terminal's operating conditions have been redefined, bringing them back to the multipurpose function, in compliance with the ruling of the Council of State and the PRP
PSA Italia-Logtainer and Rail Hub Milano-Medlog have submitted offers to manage the Interporto Padova intermodal terminal.
Padua
Cargo traffic in Chinese seaports increased by 4.5% last month.
Beijing
Containers amounted to 27.7 million TEUs (+6.8%)
The Netherlands is referring to the Court of Justice of the European Union the question of whether to entrust seafarers or dock workers with the lashing operations on smaller container ships.
In the second quarter, container traffic handled by Eurokai terminals grew by +16.4%
Hamburg
Significant growth of 16.1% in Germany. In Italy (Contship), volumes increased by 5.2%.
China enacted regulation in response to US taxes on Chinese-owned and -built vessels
Beijing
The new rules include the possibility of introducing similar countermeasures
New attack on ships transiting the Gulf of Aden
Southampton
UKMTO announced that a fire broke out on a vessel hit by a shell
Le Aziende informanoSponsored Article
ITS Costruttori, il corso di alta formazione per entrare nel mondo di Fincantieri
Carnival closes its best quarter ever
Carnival closes its best quarter ever
Miami
The American cruise group announces a further strengthening of the growth trend in bookings
Marella Cruises sells Fincantieri slots for two new cruise ships to TUI Cruises.
Hannover/Trieste
With a gross tonnage of 160,000 tons, they will be larger than the units originally planned
GNV-Portitalia bridge agreement on lashing operations in the ports of Palermo and Termini Imerese
HMM will not introduce surcharges for new US taxes on Chinese ships
Seoul
The company will not modify scheduled services that stop in the United States
GATX Rail Europe signs sale-leaseback agreement with DB Cargo to purchase 6,000 railcars
Vienna
The transaction will be completed by the end of this year.
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
Bremen
Miscellaneous cargo is growing. Bulk cargo is declining.
India launches nearly $8 billion package to support its shipbuilding and maritime sectors
New Delhi
Shipyard production capacity expected to increase to 4.5 million gross tonnage per year
In the second quarter of this year, freight traffic in French ports fell by -0.4%.
Paris
Dry bulk and rolling bulk trades are declining. Container and liquid bulk trades are growing.
Antin Infrastructure Partners to acquire UK's leading marina operator
Paris/London/New York
It will take over ownership from British private equity firm LDC
Royal Caribbean agrees with Meyer Turku to build Icon ships for a decade
Miami
Order confirmed for a fifth Icon cruise ship and option placed on a seventh unit of the same series
Maersk announces it will not apply surcharges for new US tariffs on Chinese vessels
Copenhagen
The company assures that it will not make any changes to its services
Cochin Shipyard and KSOE enter into strategic collaboration in shipbuilding sector
New Delhi
The creation of approximately two thousand direct jobs is expected
DHL will resume freight shipments from Germany to the United States for corporate customers.
Bonn
They had been suspended due to the removal in the USA of the "de minimis" threshold for goods with a value of less than 800 dollars.
World Business Council for Sustainable Development Statement in Support of the IMO Net-Zero Framework
Ancona: Tax fraud in the shipbuilding sector
Ancona
Over €2.3 million in non-existent tax credits seized
CMA CGM buys British rail freight operator Freightliner
Birmingham
The transaction will be completed in early 2026
Containerized cargo at the port of Algeciras decreased by -9.4% last month
Algeciras
The 20-foot containers handled were 399 thousand (-0.7%)
Italferr participates in Europe's largest railway electrification contract
Rome
Activities within the Rail Baltica project
Freight traffic increased in the ports of Barcelona and Valencia in August
Barcelona/Valencia
In the first eight months of 2025, decreases of -1.6% and -0.3% respectively were recorded
In the June-August quarter, FedEx express courier revenues increased by +3.1%
Memphis
An average of 16.8 million express shipments were handled per day (+3.5%)
Breakthrough in the exploratory tunnel of the Brenner Base Tunnel
Milan/Rome
At 64 kilometers, it will be the longest underground railway connection in the world.
Tender launched for privatization of Croatian shipyard 3. MAJ Rijeka 1905
Zagreb
The starting bid is 6.66 million euros.
To decarbonize, shipping should join forces with other hard-to-abate sectors
London
This is highlighted by a report by Accelleron which believes that a critical mass of demand is necessary to overcome a stalemate phase.
COSCO Reassures Customers on Impact of New U.S. Tariffs on Chinese Vessels
Shanghai
We - the Chinese company assured - will maintain competitive freight rates and surcharges.
Shipping is still far from the target of 5-10% of fuel used coming from scalable, zero-emission sources by 2030
Copenhagen
The need to introduce incentives was underlined
Spain's Boluda acquires Transfesa's intermodal rail freight services.
Valencia
The agreement also includes industrial services, railway maintenance and shunting activities and intermodal terminals.
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Baku
Agreement with the Azerbaijani oil group SOCAR
German and Austrian trailer manufacturers challenge EU regulation to reduce truck environmental impact
Berlin/Brussels
They denounce that its application leads to an increase in traffic volumes and therefore emissions.
The Venice Marghera station has been equipped with a track compliant with European TEN-T standards
Venice
A 740-meter freight track has been opened.
World Shipping Council introduces Cargo Safety Program to prevent ship fires
Washington
It is based on artificial intelligence and traditional goods inspections
Rheinmetall to enter naval shipbuilding sector by acquiring Naval Vessels Lürssen
Bremen
Lürssen Group to focus on megayacht production
The British government is investing half a billion pounds to reduce shipping emissions.
London
Private investments of 700 million expected
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
Cairo
In the first seven months of 2025, a decrease of -10.2% was recorded
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
Port of Livorno: Protests over Gaza must not block operations.
Livorno
The members of the Partnership Body highlighted the need for it to be accessible to all vessels
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
GNV, agreement with Sicilian terminal operator Portitalia is positive.
Genoa
The company specified that the aim was exclusively to temporarily supplement the tariffs.
Two days of work with ESPO in Rome on the Mediterranean and European ports
Rome
Meetings organized by Assoporti
In 2024, 112 million counterfeit items were seized in the European Union.
Brussels
Record estimated value of 3.8 billion euros
Strikes and protests in ports, request for information from the Guarantor
Rome
Request for information from prefects, port authorities, and port authorities
Danaos Corporation has ordered two 7,165 TEU containerships from Dalian Shanhaiguan.
Athens
They will be taken into delivery in the third quarter of 2027
In the second quarter, freight traffic on the Austrian rail network fell by -1.4%.
Vienna
Only domestic traffic is growing
ALS (FBH Group) has acquired 80% of Trans World Shipping and Moda Express of USA.
Rozzano
The two companies have 500 employees and are active in Italy, France, the United Kingdom and the United States.
Circle's revenue increased by 62.1% in the first half of 2025
Milan
Net profit of over 1.0 million euros (+1.8%)
A Ukrainian delegation hosted by the Northern Tyrrhenian Sea Port Authority
Livorno
Cooperation in the field of training and safety at work in ports
The EIB is financing Phase A of Genoa's new breakwater with €300 million.
Luxembourg
The total investment is 937 million euros
This summer, GNV ships carried 1.7 million passengers (+9%)
Valencia
In the next few days the company will take delivery of "GNV Virgo", the first LNG-powered vessel
The project for the expansion, safety improvements, and extraordinary maintenance of the port of Pozzallo has been presented.
Pozzallo
It provides for the construction of the breakwater arm
Fincantieri delivers the new Star Princess cruise ship to Princess Cruises
Monfalcone
It has a gross tonnage of 177,800 tons and a capacity of 4,300 passengers.
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
Filt Cgil calls on port administrators and businesses to join the action against the Palestinian massacre.
Rome
This burden – the union highlighted – cannot be placed solely on the shoulders of dock workers.
The agreement between the Italian Merchant Marine Academy Foundation and the NATO Center in La Spezia has been renewed.
Genoa
The collaboration signed in 2023 has been confirmed
Fischer & Rechsteiner and Gimax International acquire BCUBE's Freight Forwarding business.
Genoa
The completion of the transaction is expected in the next few days
Fermerci outlines a dramatic scenario for the European rail freight transport sector
Rome
Rizzi: There is a real risk of a shift towards exclusively road transport.
Eni completes the sale of a 30% stake in the Baleine project in Ivory Coast to Vitol.
San Donato Milanese
The field was discovered in 2021 and production started in 2023
Sogedim opens a new branch in Modena
Mesero
Initially, the activity will be dedicated exclusively to UK export traffic and will then extend to other European markets.
The new PCTC Grande Svezia has joined the Grimaldi Group's fleet.
Naples
It has a maximum capacity of 9,000 ceu
The Cagliari City Council approves its opinion on the Sardinian Ports Development Plan.
Cagliari
Green light unanimously
The railway sector contributes 1.4% of the European Union's GDP.
Brussels
Study commissioned by CER
In the port of Naples, the Coast Guard has detained the bulk carrier Tanais Dream.
Naples
Serious irregularities found on board
Agreement to accelerate the implementation of robotics in Fincantieri's production processes
Trieste
It was signed with the Friulian Idea Prototipi
Sergio Liardo is the new general commander of the Port Authority Corps - Coast Guard
Rome
He takes over from Admiral Nicola Carlone
DBA to supply new Terminal Operating System for Georgia's Batumi Port
Villorba
The project includes all phases of development, testing and operational testing
Attack on a ship in the Gulf of Aden
Portsmouth
The captain reported hearing an impact in the water and an explosion
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Danilo Ricci has been appointed managing director of Tarros Line.
La Spezia
He has held various positions in Italy and abroad within the group
Permanent discussion table between Confindustria Nautica and Federagenti
Genoa
This is provided for in an agreement signed today in Genoa
In the first half of 2025, cruise traffic in Italian ports grew by +6%
Venice
The twelfth edition of Italian Cruise Day will be held in Catania on October 24th.
SAL Heavy Lift buys two semi-submersible vessels from Pan Ocean
Hamburg
They were built in 2008 and 2012
30% of Sangritana Cargo will be acquired by the Marche-based company Transadriatico
The Eagle
The sale will be completed in the next few days
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
Forum on economic and logistical integration between Ligurian ports, the Northwest manufacturing area, and Switzerland
DEME orders new cable-laying vessel from Singapore-based PaxOcean
Beveren-Kruibeke-Zwijndrecht
It will be built in the Chinese shipyard of Zhoushan
Assoporti will meet at RemTech EXPO 2025 to discuss the green transition in Italian ports.
Ferrara
The Smart Ports Award was awarded to three Port System Authorities
The first shipment of Syrian oil in 14 years arrives at the port of Trieste.
London
Part of the cargo - S&P Global Commodity Insights reports - was unloaded at the Sardinian terminal of Sarroch
In August, freight traffic in the port of Taranto grew by +20.3%
Taranto
The ferry "Drea" was also rejected by the Apulian port, where however it is temporarily stopped
Container traffic at the Port of Los Angeles remained stable in August.
Los Angeles
Volumes expected to decline in the remainder of 2025
Meeting between the port authorities of Jacksonville and Livorno
Livorno
Among the objectives, to start one or more direct services between the two ports
Italian State Railways and ENAC sign an agreement for the use of drones in infrastructure monitoring.
Rome
They will also be used to fly over sections of the railway and road network that would otherwise be difficult to monitor.
A.SPE.DO, the port of La Spezia is essential to ensuring employment, development, and a future for the local economy.
La Spezia
Landolfi: We cannot afford to underestimate its value.
The MIT meets with the heads of the Italian AdSPs
Rome
Meeting on the government's strategic vision for the sector and port reform
Yang Ming orders Hanwha Ocean Co. to build seven 15,880 TEU container ships
Keelung
They will be delivered between 2028 and 2029
Over 40 expressions of interest have been received for the development of the Ukrainian port of Chornomorsk.
Kiev
Today the first meeting of the tender commission
The first commercial ship is expected at the public dock in Largo Trattaroli in Ravenna.
Ravenna
The car carrier "AICC Huanghu" is coming soon
Container traffic at the Port of Long Beach decreased by 1.3% last month.
Long Beach
Empty containers are increasing. Full containers are decreasing.
Assiterminal's Terminal Road Show is starting
Genoa
Cognolato: We want to strengthen our ties with local communities and territories.
Assoporti, the Italian ports' cruise offerings presented at the Seatrade Europe fair.
Hamburg
Giampieri: We are leaders in the Mediterranean area and in Europe
Commander Claudio Tomei, USCLAC president from 2012 to 2024, has passed away.
Viareggio
His strong commitment to improving the working conditions of Italian seafarers
In the first quarter of 2025, cargo traffic in Greek ports grew by +1.4%
Piraeus
Passengers down by -1.1%
HD Hyundai Samho Orders Four New Container Ships
Seoul
Order worth approximately 468 million dollars
Trieste: Fraudulent bankruptcy in the shipbuilding sector
Trieste
Investigation into a company based in Palermo
Container traffic in the port of Hong Kong fell by 7.4% in August.
Hong Kong
In the first eight months of 2025 the decline was -3.8%
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
Container traffic at the port of Singapore continued to decline in August
Singapore
Total volume of goods increased by +1.1%
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
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