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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
12:15 GMT+1
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BRIEFS
August 7, 2014
Sched Netweb site
  • Hapag-Lloyd to increase Asia-Europe rate US$650/TEU from August 18
  • Sinotrans posts 525pc first half profit increase, revenues rise 20pc
  • Insurer: Risk rises when bigger ships carry more via expanded Panama
  • Lessor box fleet rises 7.3pc versus 2pc carrier-owned container growth
  • European Commission spends US$430 million to fund transport projects
  • India shipbreaking moved from Steel Ministry to Shipping Ministry
  • DP World backs port box weigh-ins to achieve total weight compliance
  • GoAGT failure sparks worries other shipboard guard firms will go bust
  • Bangladesh, India overcome obstacles to settle coastal shipping issues
  • More Ugandan airlines lose air certificates for breaking licence terms
  • Frontier Service Group acquires 49pc of Kenya's Phoenix Aviation
  • Accounting change creates 68pc profit for Swiss out of flat revenues

Exim Indiaweb site
AUGUST 6, 2014
  • Bahri announces an Acting CEO
  • Ravindra Kumar Sharma is new head of SCI's Public Relations Department
  • Shipping a key area of interest for private equity: Moore Stephens
  • Weak carrier financials drive increasing dominance of container leasing sector
  • Anandiben Patel to be Chief Guest at GMH conference in Ahmedabad on Aug. 20
  • APSEZ's Q1 PAT up 36 pc to INR 568 cr.
  • GatewayRail Freight commissions rail operations at Faridabad logistics park
  • Centre may soon implement GST: Sitharaman
  • Govt to award more number of road projects this fiscal
  • INR plunges to 4-month low against dollar
  • Rajasthan unveils major PPP plan for roads
  • Sophisticated PPP model needed to boost infrastructure: Mayaram

International Transport Journalweb site
AUGUST 6, 2014
  • US approves merger of CSAV and Hapag-Lloyd
  • Egypt plans new Suez Canal

Marine Logweb site
AUGUST 6, 2014
  • MTU to power three Turkish double-ended ferries
  • Three year prison term imposed in MSC bribery case
  • HII gets another $25.6 million for CVN 78 work
  • Hatz Diesel showcases marine line-up at SMM
  • OSG exits Chapter 11
  • Mermaid Marine takes delivery of AHTS from Jaya yard

World Wide Shipperweb site
AUGUST 6, 2014
  • Port of Vancouver, USA holds annual tenant breakfast
  • K Line begins membership in anti-corruption network
  • US Coast Guard celebrates 224 years of service to country
  • Port of San Diego taps Bolduc as acting chief executive officer
  • Coast Guard rescues man who abandoned burning vessel

Lloyd's Listweb site
AUGUST 6, 2014
  • Painful few days ahead for VLCCs on spot market
    Earnings might dip below daily operating costs of $10,000-$11,000
  • Yangzijiang Shipbuilding profits jump on one-off gains
    Shipbuilder's divestment of non-shipping assets will ensure more cash for R&D
  • Eagle Bulk strikes deal with lenders
    Prepackaged Chapter 11 case to start in New York
  • Multi-billion dollar Kenyan port gains Chinese investment
    State-owned CCCC awarded tender for first phase of Lamu port
  • Dynagas Partners reports lower profit in second quarter
    Owner of four LNG carriers hikes distribution to investors for next quarter
  • Louis plots rebranding of Greek-based cruises
    Celestyal Cruises chosen for two-vessel operation
  • TEN eyes 'half a dozen' more crude tankers
    Orders supported by long-term charters said to be a matter of weeks away
  • Fresh cargoes for tankers as Shell's Nigeria deepwater project launches
    Oil will be loaded on to tankers for shipping around the globe
  • New Shell oil exports underline importance of West Africa-Asia tanker route
    As West African exports to US fall, Asia picks up the slack
  • Strong first half for Zeebrugge container traffic
    Double-digit growth in box tonnage masks poor general cargo performance
  • Better times ahead for the box market
    Improving supply and demand outlook offers hope for container shipping
  • Rickmers Trust boosts profits on back of one-off loan settlement
    Positive cashflow assured until 2019, company insists
  • Maersk imposes Hamburg surcharge
    Danish carrier cites congestion at German port
  • StealthGas raises $35m from offering
    Vafias family and institutional investors buy shares as owner eyes larger LPG carriers
  • Aronnax: Transparency - whether you like it or not
    Modern technology makes measuring much easier
  • Port Hedland faces strike after talks fail with tug engineers
    Engineers want more pay from operator Teekay
  • US regulators approve the merger of CSAV and Hapag-Lloyd
    Now the partners need the European Commission to make a decision
  • Tankers and Ocean Rig buoy DryShips results
    Dry bulk operations flat but offshore drilling helps narrow losses

Sea-webweb site
AUGUST 6, 2014
  • New Suez Canal lane plans unveiled
    Egypt plans to spend $4Bn to add an extra 45 mile (72km) lane to the Suez Canal. The announcement was made by president Abdel Fatah al-Sisi and confirmed by Suez Canal Authority chairman Mohab Mamish in a televised speech this week. Currently, the canal only provides for one-way traffic, with
  • Helsinki port enjoys July growth
    Finland's largest port has posted positive results for July. The Port of Helsinki saw 0.8M tonnes of cargo throughput, a 7% improvement on July 2013's figure, the Port said. Exports rose 10% for the corresponding period. Imports saw a 4% rise, and passenger throughput climbed 6% with 1.4M people
  • Marseilles €28M drydock renovation targets cruise ships
    Marseilles Fos Port Authority announced today [Subs Note - 06 Aug.2014] that it plans to complete a €28M ($37.5M) renovation of its giant Drydock 10 by mid-2015 to provide a strategically located base for cruise ship repair and maintenance. At 465m long and 85m wide - the third largest in the
  • DeltaLangh's scrubber receives class approval
    Tightened exhaust emissions regulations in ECAs after January 2015 are driving increased interest in exhaust gas cleaning systems (scrubbers) and class approvals. DeltaLangh's scrubber has recently received a final class approval from Germanischer Lloyd for the unit installed onboard Langh Ship's
  • Rhenus coal handling up 25%
    The German port of Wilhelmshaven's Rhenus Bulk Terminal (RBT) handled a record 557,319 tonnes of coal in July, 25% up on its best month in 2013 and the first time the terminal has handled over 500,000 tonnes. Freighter Lord Star was the last to unload coal at RBT in July, contributing to cargoes
  • Detained Turkish power ship released
    A Turkish electric power generation vessel which has been held in Pakistan for more than two years has been released. Turkey's Hurriyet Daily News said that the release of the 216MW Kaya Bey had been announced by the vessel's owner, Karadeniz Holding. The paper added, however, that three other power
  • Update: Kenyan expansion to impact Eastern region
    A contract signed for the construction of the first three berths at the proposed Lamu Port in Kenya, "reinforced the government's resolve to make infrastructure key, in social and economic development," President Uhuru Kenyatta said. The deal was sealed between the Kenya Ports Authority and the
  • Fugro wins second MH370 search contract
    Fugro Survey PL has won the contract to undertake the deep sea search for the missing Malaysia Airlines MH370. The Dutch-based company is already on contract to complete a bathymetric survey of the seabed in the search zone. A second vessel, the Fugro Discovery, is now on route to Perth to join the
  • Malaysia's MISC posts double-digit jump in earnings
    Malaysia-listed shipping conglomerate MISC Berhad (MISC) has posted a double-digit jump in its profit before tax for 1H14, which ended on 30 June. The company's profit before tax of MYR872.4 million (USD272.9 million) in 1H14 was 25.2% higher than MYR696.8 million profit in the corresponding period.
  • Korea Line Corporation continues profitable run
    Korea Line Corporation (KLC) posted its net incomes in the second quarter of 2014 (2Q14) with KRW40.7 billion (USD39 million) yesterday that turned to black. It was a reversal of a KRW5.9 billion loss for 2Q13. The 2Q14 sales figures raised 3.9% year on year (y/y) to KRW144.2 billion and operating
  • Pelindo II to raise fund for port expansion
    Indonesian state-owned terminal operator PT Pelabuhan Indonesia II (Pelindo II), also known as the Indonesia Port Corporation (IPC), plans to raise $1.25Bn in syndicated loans to help finance the expansion of its North Jakarta port. "Hopefully the government will grant permission this week," said
  • Wisdom Marine's profit down 7.03%
    Taipei-listed bulk carrier Wisdom Marine announced yesterday a record profit of TWD902 million (USD30 million) in the first seven months this year, down by 7.03% year-on-year. The carrier posted revenue of TWD5.08 billion during this period, an increase of 5.77% from the previous year. The decrease
  • China vessel exports down
    China's vessel exports decreased 11% year on year (y/y) in the first six months of 2014 to USD13 billion according to customs statistics. It is forecast that the exports will keep on the moderate upward trend to surpass USD13 billion in the second half in 2014. China exports the majority of the
  • MMHE earnings dip in 2Q14
    Malaysia-listed marine and offshore services provider, Malaysia Marine and Heavy Engineering Holdings, suffered a drop of 20% in total income for 2Q14 to MYR38.46 million (USD12 million) from MYR48.6 million for the corresponding period last year. The decrease was due to lower profits from the
  • Philippines jails 12 Chinese fishermen
    12 Chinese fishermen were sentenced to between six and 12 years in jail and fined $100,000 each for illegal fishing by a Philippine court on Tuesday, according to Xinhua News Agency (Xinhua). The fishermen were accused of running into and severely damaging Tubbataha Reef, a World Heritage-listed
  • Yangzijiang posts all-time high earnings in 2Q14
    Singapore-listed shipbuilder, Yangzijiang Shipbuilding Holdings has posted an all-time high quarterly profit in the second quarter of 2014 (2Q14). The company's net profit hiked 52% year on year (y/y) to CNY 1.24 billion (USD200.8M) from CNY811.6M. The increase in profit was mainly contributed by a
  • Eagle Bulk files for Chapter 11
    NASDAQ-listed Eagle Bulk has sought Chapter 11 bankruptcy protection to facilitate a pre-packaged debt restructuring plan. The beleaguered dry bulk company filed its petition in the New York Southern District Court on 6 August. The plan calls for all current Eagle Bulk equity to be extinguished and

The Journal of Commerceweb site
AUGUST 6, 2014
  • First Nation group threatens to shut down CN line to Prince Rupert
    Canadian National Railway services connecting the Port of Prince Rupert, British Columbia, to the rest of its network are running normally even though a First Nation group told the railroad to end operations by Aug. 4.The threat comes as U.S. shippers are diverting cargo through the port amid still-unresolved U.S....
  • US paper exports slid in first half of 2014
    U.S. containerized exports of scrap paper are falling, and the drop is partly responsible for slow U.S. export growth. Containerized exports from the U.S. in the first half of 2014 dropped 11.3 percent compared with the same period in 2013, according to data from PIERS, the data division of the JOC...
  • 'Bob-tail bandits' plead quilty to federal cargo theft charges
    A trailer full of canned corn proved one stolen load too many for a gang of freight thieves that operated throughout the U.S. Midwest. In federal court in Missouri, two of the cargo thieves pleaded guilty to running a cargo theft ring that pulled off the corn heist in West...
  • DP World Vancouver to turn away US-bound rail cargo
    Starting Friday, DP World Vancouver will stop accepting U.S.-bound containers intended for direct transfer to rail, citing a lack of railcars to handle the surge of cargo headed across the border. The operator of the Centerm Terminal will continue to handle U.S.-bound cargo moving by truck either to the regional market...
  • Russia warns of stricter inspections of US chicken
    USDA Photos by Lance Cheung.[Editor's Note: Russian President Vladimir Putin announced Wednesday that Russia will enact bans or limits on a wide range of trade with the European Union and the United States. A full list of the banned agricultural products, raw material and food is expected to be available...
  • Japan to end punitive tariffs against US
    Japan has decided not to extend punitive tariffs imposed on some products imported from the United States in retaliation for a U.S. anti-dumping trade law known as the Byrd amendment. The current retaliatory tariffs are to expire on Aug. 31. Additional 17.4 percent tariffs are levied on 13 items, including some...
  • Drivewyze ByPass expansion benefits truckers, shippers
    "Smart mobility" technology aimed at helping truckers avoid lengthy weigh station delays promises cost-saving benefits that could extend up supply chains to shippers. Drivewyze, an Internet-based service that speeds supply chains by allowing truck drivers to bypass state weigh stations, is expanding, adding 13 sites into Georgia to its network. Truckers can...
  • Clean Energy expands CNG, LNG fueling networks, adds customers
    [caption]A Clean Energy Fuels facility.[/caption] Clean Energy Fuels is expanding its U.S. natural gas network, opening 27 fueling stations in the first half of 2014, including nine "truck friendly" stations along interstate highways. The scarcity of fueling stations is a roadblock to expanding the use of liquid or compressed natural gas as...
  • Bigger ships to increase risks in Panama Canal, insurer says
    Increased cargo capacity in larger ships transiting the expanded Panama Canal will raise risks for the maritime industry, Allianz Group said in a new report. The Allianz report, Panama Canal 100: Shipping Safety and Future Risk, said the cost of insured goods transiting the canal may increase by more than $1...
  • Trans-Pacific benchmark rate hits 13-month high
    Drewry's benchmark rate for container traffic heading from Hong Kong to Los Angeles rose 20.8 percent this week. Full-size chart An Aug. 1 general rate increase and high peak-season volumes heading to the U.S. pushed spot rates from Asia to the U.S. to their highest levels this year. Drewry's benchmark rate for container traffic...
  • Online grocery sales whet appetites; high costs curb growth
    When the dot.com bubble burst in April 2000, there was no shortage of spectacular failures, but one of the most storied was the collapse of online grocer webvan.com. Webvan went public in 1999 with a $375 million initial public offering (before reaching a peak stock market value of $1.2 billion), and...
  • Idle container ship fleet shrinks to three-year low
    The idle container ship fleet has fallen to a three-year low but likely will start to grow again at the beginning of the fourth quarter as the peak shipping season draws to a close, according to Alphaliner. There were 119 vessels of more than 500 20-foot-equivalent-unit capacity - a combined capacity...
  • US gives green light to Hapag-Lloyd, CSAV merger
    The U.S. Department of Justice and the Federal Trade Commission cleared the planned merger between Hapag-Lloyd and Compania Sud Americana de Vapores, which will create the world's fourth-largest ocean container line. "This is part of the consultation process to regulatory authorities that both companies are carrying out in order to merge...
  • Deutsche Post DHL container volume trails rivals' growth
    Deutsche Post DHL booked a market-beating 5.6 percent increase in ocean container traffic in the second quarter, but it trailed growth rates of other top global freight forwarders. The German mail and logistics giant increased volume to 749,000 20-foot equivalent units in the three months through June from 709,000 TEUs in...
  • Trans-Atlantic ocean trade growth on an even keel
    Bremerhaven/Bremen was the top European load port for U.S. imports via East Coast ports in the 12 months ending March 2014.The U.S. ocean container trade via European ports, including transshipments, increased 3.8 percent year-over-year to 4.6 million laden 20-foot-equivalent units in the 12 months ending March 2014, according to PIERS,...
  • Infrastructure program could heat up India's cold chain growth
    More than $15 billion will be spent on expansion of India's cold chain during the next five years, according to a study by the Institution of Mechanical Engineers. The report, released in July in New Delhi by the British engineering think tank also known as IMechE went beyond the dramatic forecast...
  • Strong growth for US West Coast ports in June
    Although the July 1 deadline for contract negotiations between the International Longshore and Warehouse Union and the Pacific Maritime Association certainly resulted in some diversion of cargo to ports on the U.S. East Coast and in Canada, West Coast container volumes are still up noticeably compared to last year. Containerized imports...

TradeWindsweb site
AUGUST 6, 2014
  • Delivery myth debunked
    Newbuilding orders have soared in recent months but shipyards may be sitting on a bigger backlog of premium slots than some would have you believe, a leading brokerage told clients today.
  • Analyst abandons EGLE
    A leading Wall Street equity analyst has suspended research coverage of Eagle Bulk Shipping (Eagle Bulk) on the back of the US bulker owner's Chapter 11 bankruptcy filing.
  • EGLE takes flight
    Investors were racing to accumulate shares of Eagle Bulk Shipping Wednesday on the back of an announcement in which the operator outlined plans to pursue a Chapter 11 restructuring.
  • UBS downs NCL
    UBS downgraded shares of the third largest cruise line Wednesday based on a bet that turbulence in the operator's core market will continue in the months ahead.
  • DryShips in VTL boost
    DryShips has seen its fleetwide value-to-loan (VTL) ratio surge to 171% from 105% in December 2012, the company's finance chief said.
  • AO picks Wallem
    Hong Kong manager Wallem has said it will manage two ultramaxes on order for Germany's AO Schiffahrt.
  • Dynagas Partners dips
    Nasdaq-listed Dynagas LNG Partners has posted a slight fall in earnings for the second quarter as costs rose.
  • Eagle Bulk set for Chapter 11
    Eagle Bulk is set to file Chapter 11 papers after striking a prepackaged restructuring deal with lenders.
  • NAO stronger
    Nasdaq-listed Nordic American Offshore (NAO) has increased earnings in the second quarter as revenue rose.
  • OSG's next step?
    The ink is barely dry on OSG's Chapter 11 exit papers but speculation has already started as to how the company will develop following its restructuring.
  • Rickmers sheds loan
    Singapore-listed boxship owner Rickmers Maritime has been boosted in the second quarter by settling a loan at a 20% discount.
  • Star puts $1bn on shelf
    Star Bulk Carriers has filed a $1bn shelf registration that could set the scene for further expansion for Wall Street's biggest bulker owner.
  • US clears merger
    The US has approved the imminent merger between Chile's CSAV and Germany's Hapag-Lloyd.
  • Cat to bite Wilhelmsen?
    A depression in the high and heavy market will lead to a reduced profit at Norwegian owner Wilh Wilhelmsen in the second quarter, analysts say.
  • One dead in smash
    A fisherman has died and four more were reported missing after their boat was in collision with a Japanese bulker off China.
  • Crewman gassed
    A Bulgarian crewman has died after being asphyxiated on a bulker in France.
  • Sinopacific firms PSVs
    China's Sinopacific Shipbuilding Group has confirmed a first offshore order from Mexico.
  • Edem ship hit in Libya
    A Greek-controlled supramax bulker came under fire at the Libyan port of Derna this week.
  • Paragon sights $25m
    Paragon Shipping has set its sights on $25m from a notes offering
  • Tidewater misses in Q1
    Tidewater has recorded an improved first quarter profit but its bottom line has fallen short of Wall Street expectations.
  • Deep Sea does better
    John Fredriksen-controlled offshore shipowner Deep Sea Supply is reintroducing dividends after posting a better profit in the second quarter.
  • Yangzijiang profit spikes
    Yangzijiang Shipbuilding has reported a record profit for the second quarter thanks to a tax refund and income on a cash investment.
  • Inui loss grows
    Japanese bulker owner Inui Steamship has posted a bigger deficit in the first quarter despite a growth in revenue.
  • Tax lowers MISC profit
    A bigger bill from the taxman has hit MISC's earnings in the second quarter.
  • Chinese in Kenyan port deal
    State-owned China Communication Construction Company was won a $479m contract to build a new deep-water port in Lamu in Northern Kenya that is being built to open a corridor into resource-rich East Africa.
  • Stealthgas prices offering
    Nasdaq-listed StealthGas plains to raise a further $35m by selling off more common stock in an underwritten registered offering.
  • MHB takes profit hit
    Pre-tax profits for Malaysian Marine and Heavy Engineering Holdings Berhad (MHB) for the first half of its 2014 financial year fell by nearly half compared to its results in the first half of 2013.

American Shipperweb site
AUGUST 6, 2014
  • United Grain slams USDA denial of grain inspection
    A USDA official said the situation at the Port of Vancouver doesn't "ensure safe access to the UGC facility for the GIPSA, and therefore [USDA] is conditionally withholding official grain weighing and inspection services."
  • Expeditors to refine strategic assessment during 2014's second half
    Expeditors International turned in net earnings of $91.3 million during the second quarter, a year-over-year decrease of 1 percent, while net revenues ticked up 3 percent to $484.7 million.
  • Senator pushes Buy America transportation bill
  • Suez Canal plans bypass to increase capacity
  • Project will test powering dray trucks with electricity
    The demise of the network of electric trolley cars that once crisscrossed Los Angeles is an important and controversial chapter in the history of public transportation.
  • Ships slow to benefit California whales, air
    The program was developed and implemented by the Santa Barbara County Air Pollution Control District, Channel Islands National Marine Sanctuary and the Environmental Defense Center.
  • Ex-Im Bank supports $1.7 billion to finance Africa-bound exports
    The bank also announced that it will pledge $3 billion in financing to support U.S exports to Sub-Saharan Africa over the next two fiscal years.
  • U.S., West African region to boost trade

The Bunker Bulletinweb site
AUGUST 6, 2014
  • Aegean strengthens presence in Mediterranean port
    Second bunker barge brought into operation in Barcelona.
  • Tight avails in Rotterdam
    Istanbul: Low demand and ample supplies.
  • Prices for key IFO grade softening in Mideast hub
    Tight avails in Fujairah.
  • Compulsory Mass Flow Meters 'a good initiative'
    Dan-Bunkering's new head of operations in Asia has welcomed Singapore's decision to make MFMs mandatory.
  • GAC settles potential claim over alleged sanctions breach
    GAC Shipping (USA) agreed to pay $157,500 on behalf of Houston-based GAC Bunker Fuels.
  • Asian bunker rates southbound
    Busan bracing for typhoon.
  • Greek ferry to employ renewable energy technology
    Technology to be provided by a Japanese equipment supplier.
  • P&I Club: Increase in 'low quality' bunker claims
    Club underlines importance of engaging 'reputable' suppliers.
  • Maersk Line completes AMP upgrade for vessels
    Project has equipped 16 vessels to use alternative marine power at US ports.
  • Drybulk shipping firm brings down bunker consumption
    Company sees impact of fuel efficiency technologies.

›››File
FROM THE HOME PAGE
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
In 2024, Tanjung Pelepas Port recorded a new all-time record in container throughput
Iskandar Puteri
Over 12.2 million TEUs were handled (+16.9%)
Works worth over 57 million euros for the energy infrastructure in the port of La Spezia
The Spice
Electrification of the New Cruise Pier and new hydrogen generators
Assologistica, the new rules on reverse charge discipline in the Budget Law are good
Milan
Rapid issuance of the implementing provision by the Revenue Agency is hoped for
The electrification of the docks of the ports of Sardinia starts from Portovesme
Cagliari
Almost 52 million euros of works planned
Arkas Line ships to reach India
Izmir
Turkish company to merge three services in the Mediterranean
Two lanes of ship transit tested in a 10km section of the Suez Canal
Ismailia
They are located in the area of the Little Bitter Lake
Suez Canal Transit Decline Costs Egypt Seven Billion Dollars
Cairo
In 2024, naval traffic decreased by more than -60%
Port of Valencia, monthly traffic down after over a year of growth
Valencia
Decrease in volumes in all main product sectors
Underwater cables damaged in the Gulf of Finland at Christmas
Helsinki
Oil tanker "Eagle S" stopped, part of shadow fleet operating for Russia
Cargo traffic at Chinese seaports increased by +3.2% in November
Beijing
Foreign goods increased by +6.1%. Containers increased by +4.9%.
TIL (MSC Group) - JNPA Agreement for the Construction of Vadhvan Port
Uran
The new airport is located on the western coast of India
Shanghai is the world's first port to handle over 50 million containers in a year
Shanghai
SIPG highlights strong productivity gains achieved by introducing automation boost in Yangshan area
Yang Ming to acquire up to 13 new 8,000-15,000 TEU containerships
Keelung
They will replace 5,500-6,500 TEU vessels that are over twenty years old
Eight amendments to the International Maritime Labour Convention enter into force today
Geneva
Changes introduced to improve living and working conditions on board ships
Carnival posts record performance for September-November quarter
Miami
Revenues increased by +10.0% in the period
Uniport appreciates that the port reform is taking place through a delegated law and trusts (!) in the government's willingness to open a dialogue with the operators
Rome
Søren Toft (MSC) is the new president of the World Shipping Council
Washington
Vice President is Randy Chen of Wan Hai Lines
"SHIPS for America Act" Introduced, Bipartisan Bill to Strengthen U.S. Shipping Industry
Washington
Among the proposals, carrying up to 10 percent of imports from China on U.S.-flagged, U.S.-crewed, U.S.-built ships
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
American Halliburton buys Norwegian Optime Subsea
Noted
European company develops technologies for underwater operations
Grimaldi took delivery of the multipurpose ro-ro Great Cotonou
Naples
Next month it will be launched on a new service of the group between China and Nigeria
Federagenti has appointed 24 "ambassadors"
Rome
They have been protagonists in the profession of maritime agent for over 60 years
Ports of La Spezia and Marina di Carrara, over five million allocated for the green transition
The Spice
Funds for the purchase of electric or hydrogen vehicles
In November, freight traffic in the ports of Genoa and Savona-Vado increased by +4.3%
Genoa
In the first eleven months of 2024, an increase of +1.1% was recorded
In the first 11 months of 2024, traffic in the port of Trieste grew by +6.4% thanks to mineral oils
Trieste
A decrease of -8.2% was recorded in the port of Monfalcone
Over two and a half quintals of cocaine seized in the port of Genoa
Genoa
The drugs were inside a refrigerated container coming from Ecuador
Manca (Sardinia Region): Promises of allocation of resources for the Kalport agency not fulfilled
Cagliari
Urgent meeting requested with Minister of Labor
Increases in port fees in the ports of Bari and Brindisi
Bari
Leone: we are committed to adopting measures that do not impact traffic and users
Large quantity of cocaine seized in the port of Olbia
Sassari
39 kilos of drugs discovered hidden in a minivan
From January Hupac will intensify intermodal connections between Belgium and Italy
Noise
The frequency of the shuttle train between Busto Arsizio and Padua will also increase
Port of Ancona, provisional concession granted to Fincantieri plant
Ancona
The new concession will last 40 years
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
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
In November, freight traffic in the port of Barcelona fell by -3.7%
Barcelona
Container handling is growing (+6.3%), but not the weight of containerized cargo (-6.9%)
Saipem awarded new offshore contract by Shell in Nigeria
Milan
For the Italian company it has a value of around 900 million dollars
Rixi briefly illustrates the port reform
Rome
Creation of a publicly controlled company to manage investments and represent the Italian port system
Agreement between RFI and RSE for the study of a magnetic levitation freight transport system
Milan
Maritime safety, agreement signed at MIT to simplify verification procedures
Rome
Inspection and certification activities may be carried out by specifically accredited bodies
In the first eleven months of 2024, cargo traffic in Russian ports decreased by -2.0%
St. Petersburg
Both dry goods (-2.1%) and liquid bulk (-2.0%) are decreasing
Log In acquires 19,600 square meters of space at Interporto Toscano Amerigo Vespucci
Kansas City
It is the fourth acquisition in Italy of the Theoreim group company
Prysmian wins two EPCI contracts from French RTE, potentially worth €700 million
Milan
The laying of approximately 640 kilometers of land and underwater cables is planned
Testing of an autonomous port tractor in the port of Wilhelmshaven
Wilhelmshaven
It will be launched next year by Eurogate, MAFI, ICT Group and Embotech
Intesa Fincantieri - Sparkle for the protection and surveillance of submarine cables
Trieste
The two companies will analyze the requirements to improve the security of the infrastructure
Barcelona terminal operator BEST has ordered two new super post-Panamax quay cranes
Barcelona/The Hague
APM Terminals announces completion of work to increase capacity at MedPort Tangier terminal
Wärstilä sells Automation, Navigation and Control System to Swedish investment company Solix
Helsinki
In 2023 ANCS recorded revenues of 200 million euros
Cisl, speed up the choice of the president of the Port System Authority of the Eastern Ligurian Sea
The Spice
Necessary to implement works and investments
Works awarded for the expansion of the container terminal in the port of Koper
Coper
The works will be completed by the end of 2027
Container traffic in the port of Hong Kong fell by -4.2% last month
Hong Kong
In the first eleven months of 2024 the decline was -5.0%
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