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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
November 7, 2014
Sched Netweb site
  • ILWU: No deal exists to work normally - we disagree on what 'normal' means
  • Canton Fair revenue declines 8.6pc, suggesting weaker export demand
  • Seaspan mulls imminent orders for 18,000 - 20,000 TEUers within months
  • Hong Kong's Kerry Logistics spends US$257.9 million on acquisitions
  • Daewoo Shipbuilding receives orders for three 18,000-19,000 TEU ships
  • Now Hong-Kong listed, On Time Logistics aims at global expansion
  • Textainer profit up 35pc to US$54 million as revenue increases 9pc
  • Manila's ICTSI Mexican terminal surpasses all its productivity targets
  • One-day ICHCA seminar on safety of container lashings in Rotterdam
  • Dubai Al Maktoum airport freight volumes surge in third quarter
  • Baltic Air Charter Association names Volga-Dnepr Best Cargo Charter Airline
  • Ethiopian Airlines takes in third B777F to export African perishables

Exim Indiaweb site
NOVEMBER 6, 2014
  • Cabinet clears Merchant Shipping (Second Amendment) Bill, 2013
  • GMS invites shipping regulators to India to witness improvements in ship recycling first hand
  • MIQ Logistics India proficiently facilitates movement of project cargo to Bangladesh & Peru
  • MoS asks RBI to relax rules for loss-making shipbuilding cos
  • India may import crude from US
  • Indo-Pak trade via Attari-Wagah land route halted
  • Gujarat Pipavav Port posts good quarterly results
  • KoPT put on alert after possible terror threat
  • CONCOR CMD gets Navratna Meritorious Award
  • CONCOR launches export container train service from ICD-TNPM to Chennai Port
  • Freight rates decline on oversupply of trucks
  • HCC bags two contracts worth INR 634.79 cr.
  • Oct. manufacturing output improves

International Transport Journalweb site
  • Viel Unsicherheit
  • Cheaper transport for millions of pigs
  • Raimund Juriga joins Imtech ICT
  • Acsa jazzing up with new CIO
  • Many HGV drivers happy with job
  • KR to drive LNG fuelled shipping in Apec region
  • Quehenberger: new pecking order in Germany
  • Colas Rail investing in HaCon's TPS
  • Regular groupage freight transport for pharmaceuticals
  • Volga-Dnepr flies boiler "drum" to Kuwait
  • Logue retiring from FedEx Freight
  • Grimaldi adding Apulia-Greece loop
  • Network Rail publishes plans for new infrastructure
  • Iraqi upgrades operation to Kuala Lumpur
  • Gulfstream picks Ceva for European parts distribution
  • European shipowners launch ESSF sulphur survey

IHS Maritimeweb site
NOVEMBER 6, 2014
  • Euronav restarts IPO push
    Tanker major Euronav has re-started its plan to float in the US and drop its Brussels listing in favour of the New York Stock Exchange (NYSE). Euronav filed its first public registration with US securities regulators on 8 September, after filing a confidential registration in late April. On 15
  • Westports stellar results trigger expansion
    Port Klang terminal operator Westports today released 3Q/2014 and nine months to September 2014 figures revealing profits have soared along with double-digit growth in operational revenue for both periods. "Coupled with a lower effective tax rate and termination of a management service agreement,
  • Critical interim period for ship recycling
    Progress in the fight to regulate ship recycling practices could be drawn out if operators do not see the financial benefits in doing so. "We have a classic chicken and egg situation if there is no financial motivation for the yards," said Nikos Mikelis, non-executive director of GMS, speaking at
  • China Ocean to acquire 20% of leasing company
    Hong Kong-listed China Ocean Shipbuilding Industry will acquire 20% of Zhejiang Ocean Leasing, a sino-foreign joint equity company, for CNY45M ($7.3M). Zhejiang Ocean Leasing posted profits of CNY12.3M in 2013 and profits of CNY20.3M in the first nine months in 2014, a stock filing of China Ocean
  • German-Danish MPP alliance shaken up
    Danish heavy lift operator Poulsen Shipping and its German joint venture partner Harren & Partner have realigned their project carrier operations. Their joint MPP operating outfit Combi Lift has been fully concentrated at the Harren & Partner head office in Bremen, superseding the old set-up with a
  • German owners call for scrubber harmonisation
    Owners are in danger of being penalised in Europe for discharging scrubber treated water due to a clash between two contradictory European regulations. The international sulphur regulation as transposed into European law, versus the EU Water Framework Directive. German ship owners today called on
  • ICC will not prosecute Israel over Gaza aid ship deaths
    The International Criminal Court has today decided against prosecuting the state of Israel for the deaths caused when the Gaza aid ship Mavi Marmara was intercepted in May 2010. The deaths of nine Turkish activists followed when Israeli commandos stormed the 4,142gt ferry Mavi Marmara, which was
  • IHS recognition at Maritime Media Awards
    IHS Maritime and Trade is celebrating after receiving a Certificate of Merit in the First Sea Lord's Digital Media Award category at last night's Maritime Media Awards in London. The recognition, decided by a panel of judges on behalf of the Maritime Foundation, was for the IHS Maritime 360
  • Thailand transport sector cool to government's planned overseas investments
    Thailand's interest in developing ports and rail infrastructure overseas has met with a cool reception from the transportation industry. "The government has formed a subcommittee under the Board of Investment of Thailand to particularly provide support for Thai investors engaged in the development
  • Seafaring safety 'should come first'
    Safety should be inherent to seafaring and more credit should be given to seafarers according to Gerry Docherty, director of technical services at Ardmore Shipping Services. Speaking at the 4th annual shipping and offshore CSR forum in London this week he said: "The shipping industry has a very
  • DS Torm upgrades full year forecast as 3Q14 losses narrow
    DS Torm, the listed Danish product tanker company that is undergoing restructuring, expects higher operating profit and narrower net loss for the full year than forecast earlier on smaller 3Q14 loss. Group net loss narrowed to $20.6M in 3Q14 compared with $40.2M in the same period last year, while
  • Koper recycling project wins ESPO award
    The Slovenian port of Koper has won this year's European Sea Ports Organisation award for its "No Waste, Just Resources" project for the recycling of port waste into environmentally friendly materials. The wide-ranging project involves innovations including the re-use of marine silt for
  • Jones Act consolidation begins
    Kinder Morgan has purchased two Jones Act product tankers from Crowley in what may be the beginning of a broader consolidation. NYSE-listed Kinder Morgan Energy Partners is paying $270M for the 45,760dwt Pennsylvania and Florida, built by Aker Philadelphia in 2012 and 2013 respectively. In
  • OW Bunker forced to seek in-court restructuring
    A large scale fraud at its Singapore subsidiary, and high risk management loss have forced OW Bunker to seek court restructuring. Events started to unfold on Wednesday (05 November), when OW Bunker, whose shares are listed in Copenhagen, said that the group's senior management had been informed
  • MODEC trims 2014 profit forecast
    Japanese floating production systems specialist MODEC said today that its 2014 profit is expected to be lower than previously predicted. The company explained this down to malfunctions in its FPSOs operating in Brazil. MODEC now expects its 2014 profit to be JPY5Bn ($43.7M), compared to JPY6.5Bn
  • LR reinstating offshore licence in China
    London-based Lloyd's Register (LR) expects to achieve an early reinstatement of its licence to carry out offshore certification for offshore oil production facilities in China. On 4 November, the State Administration of Work Safety of China ordered the China unit of LR and American Bureau of
  • VLCC demand up as spot rates head north
    Several VLCCs have been booked for up to two years as spot rates continue to head north ahead of winter. As of yesterday, the Baltic Exchange assessed the rate for the benchmark Arabian Gulf-East Asia route at Worldscale 56.18 or $45,902/day. Brokers told IHS Maritime that in recent weeks, Hyundai
  • CCS to release new LNG rules in 2015
    The Rules for LNG Bunkering Shipping is expected to be enforced in 2015, stated China Classification Society (CCS) at the World Shipping (China) Summit 2014. At present, CCS is dedicated to promote the application of LNG in the shipping sector by developing technical standards and providing

Marine Logweb site
NOVEMBER 6, 2014
  • Moroccan frigate drydocks at Damen Shiprepair Brest
  • Undersea miner to charter newbuild from MAC
  • Contamination is leading cause of tank container claims
  • November 06, 2014 Becker Marine Systems opens U.S. office
  • OW Bunker files for restructuring after fraud discovery

World Wide Shipperweb site
NOVEMBER 6, 2014
  • Everett Port Commissioners Ok operating/capital budget for 2015
  • Crowley Maritime sells two tankers to Kinder Morgan Energy Partners
  • Willard Marine nets Navy deal to provide rigid inflatable boats
  • U.S. goods, services export tally drops during month of September
  • Boeing taps Gordon Johndroe for government communications post

Lloyd's Listweb site
NOVEMBER 6, 2014
  • Oil is not going away any time soon, but non-Opec supply is shrouded in uncertainty
    Tankers can expect oil cargoes for at least the next 25 years as oil remains important part of global energy mix
  • Extraordinary LR2 spot rates start to level off
    Earnings climb down slightly from all-time high of $35,000 per day earlier this week
  • MOL confirms 18,000 teu talks
    Seaspan and Japanese lessors are possible charter parties in deal to be done by year-end
  • UK showcases country's world-beating maritime skills
    Government extends tonnage tax to cover ratings as part of new campaign to promote shipping expertise and training
  • KG rot 'set in with globalisation'
    System worked well from 1970s to 2000s, insists Lloyd Fonds boss
  • Haji-Ioannou wins FFA case against Su
    Taiwanese owner and TMT found liable in $36m claim
  • Gothenburg box traffic continues to fall
    Year-to-date volumes down 5%, despite third-quarter hike
  • Torm in talks with remaining debt holders to agree to restructuring plan
    Group seeks consensus on Oaktree taking majority stake
  • Dorian LPG bolsters balance sheet as US exports drive LPG shipping growth
    Global LPG exports to rise 50% on last year
  • Global macroeconomic factors pressure shipping for long term, says Cosco's Ma Zehua
    Co-operation, consolidation and innovation would be keys to pursue ultra-low costs
  • Services suspended to Libyan port
    Shipping lines suspend Benghazi services as fighting in the area escalates
  • Westports revenues fall despite rise in container throughput
    Gateway container traffic and transhipment up 12%
  • New companies will turn to Oslo OTC, Pareto predicts
    Norway wins on speed and pricing, insists Høiby
  • CMA CGM announces low-sulphur surcharges
    French carrier informs customers of additional fees for 2015 in response to stricter emissions legislation
  • Ship queue lengthens outside Los Angeles and Long Beach
    Bulkers join boxships waiting to berth
  • Euronav goes for second bite of IPO cherry
    European tanker owner determined to succeed with US IPO this time
  • Teekay LNG Partners sticks to long-term contracts to fulfil growth plans
    Longer-term charter deals protect against exposure to market volatility
  • Tanker Investments relying on winter market boost as it posts third-quarter loss
    Teekay vehicle looking to generate 'significant' cashflow in coming months
  • Höegh LNG orders fifth FSRU newbuilding
    Vessel to be delivered from South Korean yard in 2017
  • Evergreen considering 18,000 teu ships
    CKYHE alliance may need to upsize ships to compete with other alliances
  • Torm posts $26m loss as it seeks to finalise restructuring plan
    Struggling Danish operator takes chance to slightly improve full-year forecast as it seeks to finalise Oaktree deal
  • OW Bunker applies for court restructuring
    Company discloses losses of $125m due to fraud in Singapore subsidiary and up to $150m in risk management losses
  • Kinder Morgan grows Jones Act fleet
    Pipeline company snatches two tankers from Crowley
  • Box Ships looks for needed covenant relief
    Containership operator continues to work with banks
  • Safe Bulkers sees profits dive as charter rates sink
    Greek bulker owner declares dividend of $0.04 per share
  • Paragon books net loss of $6m from weak freight rates
    But dry bulk company expects rates to improve to year-end and into 2015
  • Baltic Trading sees net loss of $5.5m
    Dry bulk operator attributes loss to 'challenging' environment
  • Ocean Rig reports record earnings
    Economou says company is insulated from market softness as backlog grows
  • DryShips returns to profit
    George Economou lifts stake to 16.9% after fundraiser that enables owner to cover bond dues

The Journal of Commerceweb site
NOVEMBER 6, 2014
  • US West Coast waterfront employers accuse ILWU of withholding LA-LB labor
    LONG BEACH, California - Fearing that gridlock at the largest U.S. port complex is imminent, the Pacific Maritime Association today blasted the International Longshore and Warehouse Union for withholding skilled labor at Los Angeles-Long Beach. While at least a dozen factors contribute to port congestion in Southern California, "it is the ILWU...
  • Transplace buys chemical logistics company LMS
    Third-party logistics company Transplace is building up its chemical business by acquiring Logistics Management Solutions, a non-asset 3PL with a strong chemicals and industrial customer base. Terms of the transaction were not disclosed. The acquisition expands the $1.4 billion company's service portfolio and expands its presence in key verticals, including chemicals,...
  • Canada gives TransForce approval to buy trucking rival Contrans
    Canadian competition authorities gave a green light Wednesday to a deal that makes the biggest trucking operator in Canada - $2.9 billion TransForce - substantially bigger. The Competition Bureau issued a letter that clears the way for TransForce to complete its nearly $500 million acquisition of Contrans, a major Canadian truckload operator. The...
  • LA-LB harbor drivers seek HOS waiver for congestion relief
    Harbor truckers in Southern California struggling with congestion at the largest U.S. port complex are asking federal regulators for temporary relief from some national truck driver hours of service regulations. If the Los Angeles-Long Beach effort gains traction with the Federal Motor Carrier Safety Administration, the American Trucking Associations said it...
  • US shippers appear to be diverting more cargo through Canada
    U.S. shippers appear to be diverting a second wave of intermodal cargo through Canadian ports, as congestion at the ports of Los Angeles and Long Beach mounts. For the week ending Nov. 1, Canadian intermodal volume was up 10.0 percent year-over-year, marking the second week in a row of double-digit increases, according...
  • US election could spell new - but short - opportunity for highway bill
    WASHINGTON - The Republican takeover of the U.S. Senate could unblock the gridlock delaying a long-term highway bill, but the window for legislative action may be short. The Republicans "probably have only a one-year window to make some hay," C. Randal Mullett, vice president of government relations and public affairs for...
  • Canada aims to allow shippers to self-screen air cargo
    Transport Canada is proposing to allow shippers to screen their cargo before it reaches an airport, rather than solely relying on carriers to do so, in order to bridge security gaps and prevent terrorist attacks. The Canadian government said relying on carriers to screen all cargo for explosive devices would be...
  • US Customs working to curb LA-LB congestion
    To help reduce congestion at the ports of Los Angeles and Long Beach, U.S. Customs Border and Protection is offering extended gate hours to shippers and allowing them to schedule non-intrusive inspection appointments on nights and weekends. The agency has also hosted meetings with container lines and marine terminal operators, and...
  • Concor's profit slumped 21 percent in fiscal second quarter
    Rising operating costs coupled with the slowdown in international freight hauling hurt profit growth at Container Corporation of India, the country's largest intermodal logistics provider. Concor, an offshoot of Indian Railways, booked a net income of Rs. 191.88 crore (about $31.5 million) in the second quarter of its fiscal year, which...
  • Sales tax hike to benefit Port of Oakland infrastructure
    Roads and highways connecting to the Port of Oakland are on track for upgrades after Alameda County voters this week approved a sales tax hike that will fund $7.8 billion worth of transportation infrastructure improvements. Revenue gained through the half-cent sales hike to 1 cent will enable the county to...
  • Maersk joins group monitoring ship emission compliance
    Maersk Line has joined 10 other container lines and shipowners in a group known as the Trident Alliance to test enforcement of the new low-sulfur fuel regulations that go into effect on Jan. 1, 2015, in so-called emission control areas in North Europe and North America. The alliance will work together...
  • WCI: Asia-Europe spot rates double while trans-Atlantic rates reach new lows
    Rates from Asia to Northern Europe nearly doubled this week while trans-Atlantic rates dipped to new lows, according to the latest readings from the World Container Index. Full-size imageAll WCI trade lanes involving Shanghai jumped this week, but none more than Shanghai to Rotterdam spot rates, which jumped 89.3 percent after...
  • Maersk Line Ltd. settles US military claim that it forged receipts
    Maersk Line Ltd., the U.S.-flag unit of Maersk Group, has paid $8.7 million to the U.S. government in a civil settlement of claims that the carrier submitted forged receipts for military shipments to Afghanistan. The settlement was announced by Stephen R. Wigginton, U.S. attorney for the Southern District of Illinois, where...
  • Contamination cited as top cause of tank-cargo claims
    Nearly half of insurance claims filed with the TT Club for tank containers during the last nine of years have been caused by contamination, an official at the freight transportation insurer said. The most frequent cause of contamination is incompatibility of the tank with the cargo in it, Phillip Emmanuel, the...
  • FMC chairman says agency is closely watching PierPass
    U.S. Federal Maritime Commission Chairman Mario Cordero expects congestion at the ports of Los Angeles and Long Beach to ease in the next couple weeks, but, in the meantime, he said the agency is scrutinizing the PierPass program. Cordero, who spent most of Tuesday in Southern California talking to drayage drivers...
  • NY-NJ panel expects chassis pool decision by year-end
    A committee of the Port of New York and New Jersey's industrywide Council on Port Performance expects by year-end to decide between two competing chassis-pool models for "gray" chassis in the port. The council's equipment implementation team has narrowed its discussions to two options - a cooperative "market pool" managed by...
  • Boom and bust in LA-Long Beach
    Kansas City Southern Railway's Pat Ottensmeyer doesn't have a solution to the debilitating congestion plaguing the ports of Los Angeles and Long Beach, but he is making a pitch that could alleviate the pain some importers are feeling at the nation's largest port complex. Ottensmeyer, KCS's executive vice president and chief...
  • Righting a NAFTA wrong on trucking
    Nelson BalidoDemocratic politics in the early 1990s looked a lot different than they do today. The idea that a governor from Arkansas, one of a dwindling number of southern Democrats, could run a credible campaign - much less win the White House - seemed a pipe dream, especially in a party...

TradeWindsweb site
NOVEMBER 6, 2014
  • Vibrant Hawaii lifts Matson
    Matson has reported a better-than-expected quarterly profit after Hawaii's economy boosted freight movement.
  • ISC in handy pullback
    International Shipholding Corp (ISC) has cancelled one handysize bulker on order and is proposing to sell its three in operations.
  • Oceanteam doubles up
    Oceanteam Shipping has seen its profit double during the third quarter on increased revenue thanks to long-term charters and operations in Mexico.
  • US owners boost spending
    US shipowners have boosted their secondhand purchasing activity this year with their spending in the tanker, bulker and boxship markets on the rise.
  • Carnival expands fleet
    USA's Carnival Corporation is expecting its fleet capacity to rise by nearly 10% as four new ships join its fleet in the next 18 months.
  • Hurtigruten profit up
    Norwegian cruise and ferry group Hurtigruten has pushed up earnings in the third quarter as revenue improved.
  • Rieber stays strong
    Norway's GC Rieber Shipping has seen its third quarter profit jump thanks to high fleet utilisation.
  • Poulsen teams with HBC
    Danish owner J Poulsen Shipping has formed an alliance with Germany's HBC Hamburg Bulk Carriers in a pact that could set the scene for a full merger.
  • Steady as she goes
    The sale of three suezmax tankers slightly depressed the third quarter distributable cash flow of Teekay LNG Partners.
  • Tokyo Kisen lowers sights
    Tokyo Kisen has lowered its profit forecast for both the half and the full year.
  • Lender's loan losses fall
    German lender Commerzbank has revealed a big drop in loan-loss provisions in the third quarter.
  • Dorian slips below Street
    Dorian LPG has reported a smaller than projected second quarter profit in a period which saw a significant contribution from its spot trading ships.
  • MES to stay profitable
    Mitsui Engineering and Shipbuilding (MES) has forecast continuing but lower profit in the financial year ending 31 March 2015.
  • Good and bad news at TNK
    Stronger spot market rates have led to a return to profit for New York listed Teekay Tanker but the result was nevertheless below expectations.
  • TIL positive after loss
    Teekay spin-off Tanker Investments Ltd presented a positive read on the crude tanker markets as it reported a modest loss today.
  • Wilson increases profit
    A weaker summer and higher operating costs failed to prevent Norway's Wilson from posting a marginal profit increase during the third quarter.
  • Deep Sea hires out duo
    Deep Sea Supply has agreed on bareboat contracts for two of its newly-built platform supply vessels (PSVs).
  • Hoegh declares FSRU option
    Norway's Hoegh LNG has declared its option for a fifth FSRU at Hyundai Heavy Industries (HHI) in South Korea.
  • Overseas banks pulled plug
    Insolvent Danish fuel and tanker group OW Bunker was forced into a filing for court restructuring after overseas lenders withdrew their support.
  • Teekay Corp misses Q3 forecasts
    Teekay Corp missed analysts' projections in the third quarter due in part to lower output from one of its FPSOs.
  • Torm to take in Oaktree fleet
    Oaktree is likely to place a large slice of its products tanker fleet into Torm as part of a plan that may see the private equity firm take a controlling stake in the company, Jacob Meldgaard says.
  • Aegean in the clear?
    The potential collapse of Danish fuel and tanker group OW Bunker could provide opportunities for its main rival to boost margins and increase consolidation, according to US investment bank Stifel.
  • Euronav restarts US IPO
    Euronav has wasted no time in resurrecting its US initial public offering which was delayed due to market turbulence last month.
  • CSC carries crude again
    Ceylon Shipping Corp (CSC) has transported its first crude cargo for nearly 20 years.
  • Hapag halts Libyan call
    Germany's Hapag-Lloyd has halted a call in Libya due to fighting in the east of the country.
  • Safe's net profit falls 87%
    Safe Bulkers has just managed to remain in profit despite a difficult operating environment latest results show.
  • DryShips back in black
    DryShips has returned to profit in the third quarter helped by a large jump in revenues at its offshore drilling arm.
  • Vietnam tanker arrested
    Singapore's admiralty sheriff has detained a Vietnamese-owned chemical tanker, court documents seen by TradeWinds show.
  • Paragon trims losses
    Paragon Shipping has managed to cut its losses in the third quarter despite 23% decline in net revenues.
  • OW files after $125m fraud
    Danish fuel and tanker company OW Bunker, already battered by falling bunker prices, has filed for court restructuring after claiming it has been subjected to a multi-million dollar fraud.

American Shipperweb site
NOVEMBER 6, 2014
  • NEWSFLASH: Employers say longshore job actions have spread to Southern California
  • No end for West Coast port congestion
  • XPO sees huge 3Q revenue growth
  • Transplace acquires chermical/industrial-focused 3PL
  • BNSF Logistics deal beefs up project cargo team
  • Maersk pays $8.7 million to settle complaint
  • Crowley sells two Jones Act tankers
  • Expeditors sees 11% earnings gain in Q3
  • Dachser opens new Atlanta facility

The Bunker Bulletinweb site
NOVEMBER 6, 2014
  • Shockwaves in the market as OW halts payments
    Companies that are owed money fear they may never be paid.
  • Bunker regulations: Enforcement 'completely inadequate'
    Shipping industry facing a 'tidal wave' of environmental rules with sulphur controls at the leading edge.
  • OW Bunker gains time
    Court sets December 1 for restructuring plan.
  • MPA backs IBIA's mass flow meter course
    Next course in Singapore in mid-November.
  • OW Bunker: More details emerge on fraud allegations
    Chairman: 'Police investigations are ongoing.'
  • Singapore: Short-term supply disruption possible
    Fall out from events surrounding OW Bunker may hit market, says analyst.
  • Shipping firm benefits from weaker bunker prices
    Company expecting a 'healthier' shipping market to come.
  • OW Bunker to undergo restructuring procedure
    OW Bunker & Trading and OW Supply & Trading 'expected to be insolvent'.
  • Glander International Bunkering expands Dubai ops
    Adds Bunker and Lubricant Trader to its Dubai office.
  • Russian bunker terminal closer to start of upgrading works
    Government adds project to national scheme.
  • Shipowners to track low sulphur bunker uptake
    Survey launched to access developments towards ECA compliance.
  • OW Bunker: Fraudulent activity, losses at Dynamic Oil
    Preliminary findings suggest a potential loss of around $125 million at Singapore-based Dynamic Oil.

›››File
FROM THE HOME PAGE
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
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 second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
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
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