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Independent journal on economy and transport policy
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BRIEFS
April 11, 2014
Sched Netweb site
  • Shut down in Syria, Manila's risk-taking ICTSI sets up shop in Iraq
  • Kuehne + Nagel fined US$2.7 million for air cartel in New Zealand
  • MOL offers auto delivery from Mexico to major US east-west coast ports
  • DB Schenker's 2013 revenues slipped 3.5pc to US$20.5 billion
  • Taicang and Shanghai ports set up joint venture terminal operator
  • Xinjiang 2-month farm produce export value up 20pc to US$155 million
  • Australia considers dropping cabotage restrictions on foreign ships
  • DCT Gdansk awards design of US$220 million quay to Mott MacDonald
  • DHL offers Ocean Secure for tracking sensitive, high-value shipments
  • Maersk, Hapag-Lloyd and MOL take delivery of more large containerships
  • ANA Aviation to base itself out of Liege Airport for cheaper fuel
  • FedEx opens regional hub at Osaka's Kansai International Airport
  • UTair announces changes to its spring and summer flight schedules

Exim Indiaweb site
APRIL 10, 2014
  • BHP 2014 opens to a stirring reception
  • Cotton yarn exports to face Chinese heat
  • GM version of rice will hit shipments, say exporters
  • Seafood exports hit record 1 mt in FY14
  • Soyameal exports decline by 17 pc in FY14
  • Steel imports down by 31 pc in FY14
  • Tea exports surge on Iranian demand
  • Dighi Port simultaneously handles steel & coal vessels
  • Prakash Iyer appointed CoPT Board member
  • RRC International Freight Services executing transportation of Stator weighing 310 t
  • Kerala to become strawberry exporter

International Transport Journalweb site
  • New remote control system for western Finland's railway
  • BDP International appoints country manager
  • Canada reducing rail GHG emissions
  • Aeroflot increases Tashkent service
  • Fiege Switzerland under pressure
  • Malherbe extends partnership with Teleroute
  • IAG Cargo steps up Israel capacity
  • Ceva selects executive from the Philippines
  • «Es muss geliefert werden»
  • Tandem holds AGM in Istanbul
  • From minister to secretary of state
  • AA Cargo's March traffic sees double-digit rise
  • IRU adopts guidelines to fight fuel theft
  • Umweltfreundlicher Bunker lohnt sich nicht
  • MOL launches Mexico-NAFTA car carrier service

Marine Logweb site
APRIL 10, 2014
  • Navy takes delivery of LHA 6
  • Triyards reports increased earnings
  • Trelleborg Marine opens new Houston office
  • Paraguay pushboat to have Wärtsilä propulsion
  • UK Club medical program marks a milestone
  • Offshore wind jack-up gets new feet
  • Landrieu: Jones Act creates Louisiana jobs

World Wide Shipperweb site
APRIL 10, 2014
  • DOT freight transport index climbs during month of February
  • Coast Guard seeking comment on Cape Kiwanda buoy change
  • Inchcape Shipping Services warns of Argentina port strike
  • Sea-Tac Airport takes home Skytrax World Airport awards
  • Yang Ming set to add new Southeast Asia run

Lloyd's Listweb site
APRIL 10, 2014
  • Stalwart fails on second equity raise
    UPDATED: Postponed US public listing follows aborted attempt at a private deal for Greek chem tanker outfit
  • Idan Ofer pulls Quantum Crude Tankers over-the-counter equity drive
    Investors push back on pricing amid a slew of deals but firm still plans a US listing
  • US crude reserves hit their highest level since 1976
    Good news for owners as 15% increase to 33bn barrels strengthens the case to lift export ban
  • Rongsheng resists cancellations as questions emerge about accounting practices
    Embattled shipyard fights to hold on to orderbook following a report of negative revenue for the second half
  • The changing face of liability risk for freight forwarders
    TT Club outlines the additional liabilities being undertaken as a result of value-added services offered to shippers
  • Future freight rates: the container lines' biggest gamble
    Cutting costs is only half the battle for profitability
  • Data Hub: Freight Rate Indicators
    More of the same for 2014 as global spot rates on major trade lanes from Asia are in line with last year's levels
  • West African crude is saving the VLCC market
    Boost to tonne-mile earnings for tanker owners
  • Navios buys 11th VLCC for $43.5m
    Unnamed vessel appears to be 2003-built Venture Spirit from Wah Kwong
  • Shipping faces $120 per teu hike in Asia-Europe bunker charges in 2014
    Brussels' stricter sulphur rules will drive carriers to pass higher costs on to customers
  • The risks of easy money
    Does private equity filling bank funding gaps raise the spectre of future overcapacity?
  • Wrist boosts its ship supply operation in thriving US Gulf
    Purchase of New Orleans warehouse allows company to source goods further afield
  • Principal Maritime looks for $100m in IPO
    Free to read: Tankers outfit will use proceeds to pay down existing debt
  • Capacity hits a plateau as owners stop at 19,000 teu boxships
    Container vessels will break the 400 m length limit in the long term, say experts
  • P3 could force break-up of existing alliances
    P3 to push overcapacity problems to other carriers, who could reform stronger rival groupings, says SeaIntel
  • Pilotage charges: Demonstrating reason in the face of unreason
    Harbour authorities face legal curbs in raising cash to cover pilots' pension fund deficit
  • HSH Nordbank hikes shipping provision after $780m loss
    Free to read: Pessimistic German bank says it expects no recovery until 2015
  • Fire breaks out on first Avance Gas newbuilding VLGC
    October delivery may be delayed as Shanghai shipyard assesses the damage
  • ICTSI wins Iraq port concession
    Philippines port operator secures management of existing and proposed box terminals
  • China Merchants Energy Shipping posts $30m first-quarter recurring profit
    Results are in line with earlier projection
  • Seabury predicts recovery for GDP multiplier for box volumes
    Container shipping firms should benefit as protectionism eases

Fairplayweb site
APRIL 10, 2014
  • Box Ships shares plunge
    The stock price of NYSE-listed Box Ships slumped over 20% after the company announced an offering of 5M common shares and warrants
  • US urges ferry safety upgrades
    Passenger vessels should enhance safety systems to avert accidents like last year's ferry collision in New York City, a US safety agency recommends
  • Crane accident kills Maldives port workers
    Two stevedores in the port of Male, Maldives, were killed on Monday night when a crane cable snapped while lifting a container, local sources have reported
  • Hope seen beyond depressed freight rates
    Spot freight rates for dry bulk carriers remain under pressure due to weak demand, but the market fundamentals are encouraging for the whole of the current year, analysts say
  • Transas Marine builds advanced simulator suite
    Transas Marine is to construct the UK's "most technically advanced maritime simulation complex" for the City of Glasgow College by autumn 2015
  • Port Hedland forecasts record ore exports
    Iron ore exports out of Port Hedland in Australia' Pilbara are forecast to top 340M tonnes this financial year, up from 280.2M tonnes for FY13
  • Anger as UN crime experts killed in Puntland
    The UN Office of Drugs and Crime (UNODC) has reacted angrily to the fatal shooting of two of its personnel, experts in tracking illegal flows of money from piracy, at Puntland's Galkayo airport in Somalia on 7 April
  • NorYards signs AHTS fitting out deal
    NorYard, the Norwegian shipbuilder controlled by Zaliv group of Ukraine, is to outfit and commission an anchor handling tug supply vessel (AHTS) currently building in China for Norwegian owner NFDS 2 Offshore
  • Koper completes dredging phase
    The port of Koper in Solvenia completes the latest phase of its dredging programme next month, as part of a plan to accommodate larger container ships by 2018
  • European maritime tech calls for help
    Trade association Sea Europe, which represents ship and maritime equipment businesses, has called on Europe to assist the growth of its maritime technology industry
  • Indonesian FSRU wins novel financing deal
    Standard Chartered Bank has closed a $309M export credit agency (ECA)-backed financing deal for a floating storage and regasification unit (FSRU) with PT Hoegh LNG Lampung
  • China's exports suffer surprise fall
    Chinese exports unexpectedly fell in March, according to customs figures released today
  • Scanship raises NOK83.2M in IPO
    Scanship Holding has raised NOK83.2M ($13.8M) in an IPO in Oslo that was priced at the bottom of its indicated range, the company said in a statement

The Journal of Commerceweb site
APRIL 10, 2014
  • Shippers Take Rail Service Complaints to STB
    Bulk rail shippers ranging from agriculture to coal producers told the U.S. Surface Transportation Board today that poor rail service must be solved before their business suffers even more. Shippers told the rail regulatory agency that the deteriorating service goes beyond weather-related delays, and at times smacks of railroads' preference of...
  • Shippers Press Case in DC to Prevent West Coast Disruption
    U.S. shippers in the coming weeks will engage in a full-court press on Capitol Hill and at the White House to voice the importance of preventing labor disruption at West Coast ports as the expiration of the current coastwise longshore agreement approaches. The stepped-up effort comes in the wake of a...
  • Port Questions Hapag Low Water Surcharge at Montreal
    Hapag-Lloyd plans to implement two low-water surcharges at the Port of Montreal, although port officials are questioning why, as they expect the spring thaw to begin soon. Effective April 30, Hapag-Lloyd says it will implement a low-water surcharge on shipments between the Port of Montreal and North Europe, the Mediterranean and Africa....
  • Lufthansa Cargo: 'Mild' Signs of Air Freight Recovery
    Lufthansa Cargo carried 2.6 percent less freight in March compared with a year ago, but it said the global market shows some signs of recovery as it posted higher revenue and an improved load factor. The German air cargo carrier transported 154,000 metric tons of freight last month, taking the total...
  • Loss Tops $1 Billion for Ship Financier HSH Nordbank
    HSH Nordbank, the world's largest ship financier, today announced its net loss soared to €814 million ($1.1 billion) in 2013 from €124 million ($172.4 million) in 2012, and said it doesn't expect the global shipping market to recover before 2015 at the earliest. Provisions for bad loans - mostly to the...
  • TPM 2014 Sponsored Video: CargoSphere
    Neil Barni, president and founder of CargoSphere, discusses technological solutions to freight rate and contracting challenges in the logistics industry....
  • Miller Joins STB at Crucial Time
    The Senate yesterday confirmed President Obama's nomination to the Surface Transportation Board, thrusting Debra Miller into the rail regulatory agency as it grapples with a myriad of issues. The STB, for example, will hold a hearing today on concerns about deteriorating rail service. BNSF Railway and Canadian Pacific Railway appear to...
  • Caribbean Shipowners Association U.S. Security Increase
    The Members of the Caribbean Shipowners Association have adopted a voluntary guideline calling for an increase in the U.S. Security Charges due to security measures implemented throughout the Caribbean over the last several years. This increase will be effective Sunday, May 4, 2014 and will be in addition to the members'...
  • Slow Start for Shanghai FTZ
    It has been several months since China's first Pilot Free Trade Zone (Shanghai FTZ) launched in Shanghai, but the shipping and logistics industry is still waiting for more policies to be clarified. "We were very nervous when Shanghai launched the free trade zone; however, we are less concerned now, as companies...
  • Declining Market Share Prompts LA-LB Merger Proposal
    The Los Angeles 2020 Commission today urged the rival, adjacent ports of Los Angeles and Long Beach to merge, citing a drop in market share by the busiest port complex in the U.S. The ports of Los Angeles and Long Beach together had a U.S. market share of 42.0 percent in...

TradeWindsweb site
APRIL 10, 2014
  • GasLog doubles down
    GasLog has firmed up a $468m contract to acquire three more LNG carriers from an affiliate of BG Group.
  • Timing is everything
    An equity analyst at JP Morgan is urging investors to accumulate shares of Navios Maritime Holdings (Navios Holdings).
  • Mulherin takes the mound
    Deutsche Bank may have lost its top shipping analyst but it does not appear to have ended research coverage of the industry.
  • Cargill denies buy
    Cargill has poured cold water on rumours that it has acquired a capesize bulker controlled by a joint venture between Daiichi Chuo Kisen of Japan and China's Shagang Shipping.
  • Dark days for dry bulk
    Falls in the capesize market this week have dragged the Baltic Dry Index close to the 1,000 point mark.
  • Ofer pulls Quantum float
    Idan Ofer has pulled plans to take a crude tanker company public on Oslo's over the counter (OTC) market given the intense competition among shipowners looking to tap the capital markets today.
  • Solstad seals CSV buyout
    Solstad Offshore is taking full control of a subsea construction newbuilding ordered jointly with HitecVision-controlled Ocean Installer.
  • Vietnamese mergers urged
    State-owned Vinalines' deputy general director Bui Viet Hoai said domestic companies are facing tough competition from foreign players, state media reported.
  • Tanker saves 300
    A Norden products tanker has aided in the rescue of 300 migrants in the Mediterranean after their craft ran into distress.
  • MSC buying Bonaparte
    Switzerland-based MSC is taking a EUR 7m ($9.7m) punt on an SNCM ro-pax damaged in an accident in France in 2012.
  • TEU dives on opening
    Michael Bodouroglou-led Box Ships plunged in value today after the company revealed details of its latest fundraiser.
  • Navios bags $43.5m VL
    Navios Maritime Acquisition has added to its VLCC fleet indicating it remains a buyers' market despite rising prices.
  • Stalwart pulls NY IPO
    Stalwart Tankers has pulled its troubled IPO in New York after confronting the choice of pricing well below its target range.
  • Sinotrans cape grounds
    A Sinotrans bulker has run aground off the Dominican Republic.
  • Jinhui opens vault
    Jinhui Shipping and Transportation has set some of its dry powder to work with the purchase of a supramax newbuilding.
  • Crewman fined over clash
    A Chinese crewman already serving a jail term for the Eifuku Maru No 18 tragedy has been ordered to pay damages in Japan.
  • Concordia witness found
    Interpol has tracked down the helmsman of the Costa Concordia in Indonesia.
  • Triyards on the up
    Triyards Holdings boosted it earnings in the second quarter as it began to branch out of its core niche market.
  • Western Bulk rebounds
    Recovering margins have breathed fresh life into the share price of Western Bulk today.
  • CMES back in profit
    China Merchants Energy Shipping (CMES) appears to have turned a corner and returned to the black in the first quarter of the year.
  • Coscol cuts loss
    Shanghai-listed Cosco Shipping Co (Coscol) has reduced its loss for the first quarter despite a fall in revenue.
  • Sovcomflot splits agencies
    Two of the world's leading credit agencies are taking differing views on the health of Russian shipping heavyweight SCF Group (Sovcomflot).
  • Master's misjudgement
    A UK accident report has found a Greek tug was holed by the vessel it was towing after the captain discounted tidal conditions.
  • HSH loan losses hit $1.2bn
    Germany's HSH Nordbank increased its loan-loss provisions to EUR 882m ($1.22bn) in 2013 as it forecast a slower than expected recovery in shipping markets.
  • Pure Principal exploits niche
    Principal Maritime's attempts to take a suezmax tanker fleet to Wall Street has received a positive welcome but analysts say the Apollo backed venture and other IPO aspirants face a tougher task today.
  • Hanged master "feared storms"
    A UK inquest has heard a Russian master may have hanged himself on board his ship because he feared a return journey in "horrendous" Atlantic storms.
  • MOL bond hits stock
    Mitsui OSK Lines (MOL)'s planned $500m convertible bond issue announced this week hit the Tokyo-listed company's equity even though the cash is intended to fund the next stage of its ambitious growth plans.
  • IHC Merwede on the rise
    Dutch shipbuilder IHC Merwede has improved 2013 profit on the back of a growing orderbook.
  • Hoegh FSRU seals funds
    Standard Chartered Bank has closed a $309m export credit agency (ECA) backed financing deal for Hoegh LNG's second FSRU.
  • Sinokor behind Mipo 10
    Hyundai Mipo's announcement this week of a 10-ship MR order worth KRW 348.3bn ($333m) is confirmation of part of its huge Project Silver deal with Sinokor and Shell, brokers said.
  • NorYards to finish AHTS
    Norway's NorYards has won outfitting work on a Chinese-built anchor-handler hull.
  • More Aratere woes
    Problems with a New Zealand interisland ferry have increased after cracks were found in rudder shafts as it was being repaired.
  • Oz ports braced for Ita
    Australian iron ore and coal exports look set for disruption as a major cyclone heads the Queensland coast.
  • Energy secures loan
    Energy Drilling has secured a $175.5m senior secured term loan facility to go towards funding rig newbuilding in China.
  • US volumes set to grow
    Major US container terminals are expected to see another month of positive growth in April a trade body has forecast.
  • Stalwart struggles
    Stalwart Tankers' chemical-carrier IPO in New York will have to settle for pricing below its target range if it is to complete the flotation, finance sources said Wednesday evening.
  • Principal plots IPO
    A tanker operator backed by private equity giant Apollo Global Management has joined the growing list of shipowners that are turning to Wall Street for cash.
  • TEU seeks cash
    Box Ships of Greece appears to be gearing up for a campaign to cut debt and expand its fleet of containerships.

American Shipperweb site
APRIL 10, 2014
  • Commission: LA-Long Beach port merger a 'no-brainer'
    The nation's two largest ports, Los Angeles and Long Beach, should collaborate by combining into a single entity, according to a report issued by an independent private commission studying fiscal stability and job growth in Los Angeles.
  • EU unveils transportation scoreboard
    The Netherlands, Germany, Sweden and Denmark top the European Commission's EU Transport Scoreboard, which compares each member state in 22 categories across all modes.
  • Ice chokes Great Lakes vessel moves
    U.S.-flag vessels on the Great Lakes were bogged down by ice formations in March, "the likes of which have not been seen in decades," according to the Lake Carriers' Association.
  • First vessel of Cleveland container service to arrive April 17
    The Port of Cleveland is expected to receive the first vessel of its newfound container service on April 17. The vessel, Fortunagracht, departed Antwerp last weekend with a load of breakbulk and containerized cargoes.
  • WLS: Transpacific capacity continues free fall in Q1 2014
  • CargoSmart to host Canada eManifest, ATD seminars
  • GPA moves 2.61M tons of cargo in March
  • Cargolux hits record freighter utilization
  • ProTrans expands in Laredo, Texas
  • USDA gives $183M for McGovern-Dole program
  • U.S. meat exports in February strongest to Mexico
  • Executive moves

The Bunker Bulletinweb site
APRIL 10, 2014
  • Prices mixed in Europe
    Tight avails reported in Rotterdam.
  • Product avails tight in Fujairah
    No avails for IFO product in Durban.
  • Shell might resume LNG production for ships
    Company sees more opportunities in marine sector.
  • Software cuts bunker consumption 'by 3.9%'
    'Potential savings across a fleet are significant.'
  • Falmouth to welcome trans-Atlantic, engine-less cargo vessel
    First vessel of the Fairtransport Shipping fleet brings rum and other goods from the Caribbean to Europe.
  • Busan bunker market to get volumes boost
    Oil terminal officially opens in Ulsan.
  • Market sees dearth of Russian product
    Refinery maintenance behind lacklustre Chinese demand.
  • Turkish supplier backs coriolis mass flow meters
    'We aim to bring quality and quantity to the heart of competition.'
  • Asian bunker prices on upward path
    Mixed demand seen in Singapore.
  • Singuel ups stake in Chemoil
    Shares bought at exit price of 40 cents.
  • Singapore 'unlikely' to top LNG bunker market
    But future supplies of the gas as a marine fuel not an issue.
  • Keppel to manage Titan Petrochemicals shipyard
    Keppel keen to tap potential of China's offshore and marine sector.
  • US East Coast player buys bunker barge
    To aid expansion plans in the US Atlantic.
  • Fewer bunker claims with mass flow meters, says Singapore player
    MFM are 'a straight forward progression for the bunkering industry', says Sinanju Tankers manager.

›››File
FROM THE HOME PAGE
The level of connection of Italian ports to the global containerized maritime services network remains stable
The level of connection of Italian ports to the global containerized maritime services network remains stable
Geneva
The PLSCI index of the top seven Italian ports most connected to the network is growing
In the first two months of 2026, cargo traffic in Chinese seaports grew by +6.7%
Foreign traffic increased by 9.2%. Container traffic increased by 9.8%.
Hapag-Lloyd's revenues decreased by 15.2% in the fourth quarter of 2025.
Hamburg
Container traffic handled by the German company's fleet increased by +5.5%
The future European Union Customs Authority will be based in Lille, France.
Brussels
It is expected to employ around 250 people.
The Romanian government is reportedly preparing to nationalize the Mangalia shipyard.
Bucharest
Fincantieri reports record annual financial and commercial results.
Trieste
In 2025, revenues grew by +13.1% and the value of new orders increased by +32.4%
Damen and other creditors have rejected the reorganization plan of the Romanian shipyard in Mangalia.
Mangalia
Federagenti: Strategic port construction is behind schedule everywhere.
Genoa
Pessina asks to know the "real time" of the progress of the infrastructure
Metrans (HHLA Group) to acquire 50% of the Romanian intermodal terminal in Arad
Hamburg
The company will operate up to three trains per week between Budapest and Arad
From May 1st, the EU-Mercosur agreement will be applied provisionally.
Brussels
Sefcovic: an important step in demonstrating our credibility as a major trading partner
German shipowners propose service on merchant ships as an alternative to military service
Hamburg
Kröger: A resilient nation needs not only soldiers, but also seafarers who ensure supplies.
ICTSI and DP World sell their stakes in China's Yantai International Container Terminal
Manila
The company will become wholly owned by Yantai Port Holdings
Chinese group CSSC will build two more cruise ships for Adora Cruises
Shanghai
Option for a third vessel. The "Adora Flora City" launches today.
In the fourth quarter of 2025, freight traffic in the port of Palermo decreased by -9.6%
Palermo
Cruise passengers down by -18.7%
IMO Council resolves to establish a safe corridor in the Strait of Hormuz, but by "peaceful means and on a voluntary basis"
London
Dominguez: Concrete action is needed from all countries and stakeholders
COSCO Shipping Holdings' revenues fell by 12.2% in the last quarter of 2025.
Hong Kong
Containerized volumes transported by the fleet grew by +5.1%
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
Geneva
Economists at the World Trade Organization foresee two scenarios
In 2025, CK Hutchison terminals handled a record 90.1 million containers (+3%)
Hong Kong
The president of the Chinese group confirms the difficulty of negotiations to sell a large part of the port portfolio to MSC and BlackRock
Assiterminal expresses concern over the impact of the Middle East crisis on port terminal activity.
Genoa
Ferrari: the cruise sector also involved
Two more ships were hit by shells in the Strait of Hormuz region
London/Southampton
Incidents near the coasts of the United Arab Emirates and Qatar
MSC and Ga-Hyun Chung announce joint control of Sinokor
Athens/Nicosia
Proposal to establish a safe maritime corridor to evacuate ships stranded in the Persian Gulf
London
It has been put forward by Bahrain, the United Arab Emirates, Japan, Mexico, Panama and Singapore
Dominguez calls on the IMO Council to conduct informal deliberations and define practical measures to resolve the Hormuz crisis.
London
From the statements presented, it is unlikely that anything more than declarations of principle will be made.
To respond to geopolitical shocks, shipping must have reliable operational data
London/Rotterdam
Lloyd's Register, OneOcean and PortXchange discuss digitalization and artificial intelligence in the sector
China's COSCO Shipping Ports' profit and loss account weighs on rising operating costs.
Hong Kong
Revenue reached a record high of nearly $1.7 billion last year.
Tanker hit near Strait of Hormuz
Portsmouth
A bullet caused minor damage. The crew was unharmed.
Sharp increase in transshipment containers in the port of Barcelona
Barcelona
In February, overall freight traffic increased by +8.1%
PPC denounces that the Republic of Panama is delaying the arbitration at the ICC
Panama
The Chinese company continues to reiterate the illegality of the seizure of the Balboa and Cristóbal port terminals
Alessandro Becce is the new Secretary General of the Sardinian Sea Port Authority.
Cagliari
Bagalà: EU ETS application for major and minor islands must be cancelled
Operation Aspides' mandate will not be extended to the Strait of Hormuz at this time.
Brussels
This was announced by the High Representative of the European Union for Foreign Affairs, Kaja Kallas.
Greece and Italy reject the extension of Operation Aspides to the Strait of Hormuz.
The ships of the two nations constitute the naval force of the European mission
Freewheels: The government has broken its promise regarding fuel taxes.
Modena
Franchini: Continuing to treat road haulage like a tax cash machine is simply irresponsible.
Pessina (Federagenti): Shipping will also overcome the Strait of Hormuz crisis.
Genoa
We hope - he specified - that we will soon move in the direction of a progressive normalization.
Israel's eastern Mediterranean coast has been designated a high-risk area for the safety of ships and crews.
London
Resolution of the International Bargaining Forum
Evergreen Marine Corporation's revenues decreased by 26.0% in the fourth quarter of 2025.
Taipei
Quarterly net profit down 71.8%
EU Commission and EIB support for investment projects in small and medium-sized ports
In the second half of 2025, OOIL's revenues decreased by -20.0%
Hong Kong
Net profit down 67.9%
In transalpine freight transport through Switzerland, rail is losing further market share to road transport
Bern
Dramatic development - a report underlines - from the point of view of Swiss modal shift policies
An extraordinary IMO council will be held on 18 and 19 March to discuss the situation in the Middle East.
London
As of yesterday, the attacks on ships have resulted in the death of eight sailors and the wounding of ten, in addition to three missing.
In 2025, combined road/rail traffic handled by Hupac grew by +4.3%
Noise
The need to extend the application of contributions to transalpine combined transport beyond 2030 was reaffirmed.
Yang Ming to order six new 13,000 TEU dual-fuel LNG containerships
Keelung
The fourth quarter of 2025 was closed with a net profit down by -81.2%
The resumption of shipping traffic through Suez does not appear to be affected by the blockade in the Strait of Hormuz
Cairo/Southampton/Washington/Genoa
While ships increased by 1.9% in January, growth in the canal has since been more sustained. War material seized in the port of Genoa.
US prepares to attack Iranian ports
Tampa/Muscat
Centcom warns civilians to immediately avoid all port facilities. Drones over the port of Salalah.
MSC to build container terminal at Snake Island Port in Lagos
Geneva
45-year concession agreement with Nigerdock
Attacks on ships in the Strait of Hormuz resume
Southampton/Geneva
A container ship was damaged. A fire broke out on another vessel. UNCTAD raised alarm over the effects of the disruption to maritime traffic in the region.
Three crew members of a bulk carrier stricken in the Strait of Hormuz are missing.
Bangkok
Twenty seafarers were disembarked in Oman
ONE's stake in Poseidon (Seaspan Corporation) will rise to 48.9%
Singapore/Toronto
Investment worth $1.07 billion
FS Logistix and Grimaldi Euromed sign agreement to develop integrated sea-rail transport solutions.
Verona
Confitarma requests the possible deployment of Italian Navy units to the Persian Gulf and Strait of Hormuz area.
Rome
Zanetti: A concrete sign of attention to protecting the country's strategic interests.
Scotland debates taxing cruise ships
Three fifths of those interviewed said they were in favour of granting local authorities the power to introduce a tax
Last year, freight traffic in German ports amounted to 284.4 million tonnes (+3.8%).
Wiesbaden
Imports increased by +5.3%
In January, freight traffic in the ports of Genoa and Savona-Vado Ligure fell by -4.9%.
Genoa/Ravenna
A growth of +12.5% was recorded in the port of Ravenna
In 2025, ZIM's revenues fell by -18.1%
In 2025, ZIM's revenues fell by -18.1%
Haifa
The decline was more pronounced in the fourth quarter (-31.5%). Glickman: the merger with Hapag-Lloyd is very positive for shareholders.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Bremen
In the fourth quarter alone, growth was +5.4%, with container loads increasing by 11.8%.
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
La Spezia
At the port of Marina di Carrara, traffic was 4.8 million tonnes (-0.7%)
PPC and CK Hutchison warn that they will assert all their rights and seek full compensation from Panama
Hong Kong
In 2025, the PSA terminal operator group recorded record revenues
Singapore
Operating profit up 19.0% and net profit up 0.5%
In 2025, the CMA CGM group's shareholder profit fell by -58.1%.
Marseille
Revenues down -2.0% (-5.2% in the fourth quarter alone)
2025 was Global Ship Lease's best year yet
Athens
Positive trend also in the fourth quarter
In the fourth quarter of 2025, freight traffic in the ports of Naples and Salerno grew by +2.0%
Naples
The -1.0% decline recorded at the regional capital's airport was more than offset by the +6.3% growth in Salerno
The Maritime Federation fully endorses the new EU strategies for the maritime and port sectors
Rome
Mattili: We are available to contribute to the EU Industrial Maritime Value Chains Alliance.
CK Hutchison announces it has intensified legal action against the Republic of Panama.
Hong Kong
Addendum to the Notice of Dispute filed with the ICC
Global Ports Holding's cruise terminals see record traffic
Istanbul
Last year there were 18.1 million passengers (+8.5%)
Interferry: The EU Commission's path to ferry decarbonization is the right one.
Victoria
Roos: It is good to recommend that ETS funds be used exactly where they are collected.
CLECAT promotes the EU strategy for the European maritime, port and logistics system
Brussels
Emphasis is also placed on the need to prevent integrated operators from limiting competitors' access to infrastructure, services or customers.
ESPO approves new EU Port Strategy
Brussels
Among the most appreciated elements, the commitment to implement a review of the EU ETS and the FuelEU Maritime Regulation
Tanker hit near Kuwait coast
Southampton/Kuwait City
A shell also hit a container ship in the Strait of Hormuz
European shipowners and shipbuilders applaud the EU's strategy for the sector. German port operators are less convinced by the proposal.
Brussels/Rome/Hamburg
WSC welcomes the strategies for the maritime industry and ports proposed by the European Commission
Washington
However, according to the association, they are not sufficiently attentive to the simplification of trade exchanges.
The European Commission presents two strategies to promote the competitiveness, sustainability, safety and resilience of EU ports, maritime transport and shipbuilding.
Brussels
A high-level council will be established
Explosions and a fire on a Russian ship that sank near Libya
Moscow/Tripoli
In December, Ukraine claimed responsibility for an attack on a Russian oil tanker in the same region.
Attacks on ships in the Strait of Hormuz region continue
Southampton/Battaramulla
Three naval vessels reported shellfire and damage. An Iranian frigate was hit in Sri Lanka.
Viking orders two new expedition cruise ships from Fincantieri and secures an option for two ocean-going vessels
Trieste
The value of the agreements exceeds two billion euros
Container traffic at the Maltese port of Marsaxlokk remained stable in 2025
Kalafrana/Hong Kong
China's CMPort has signed a 70% stake in Brazil's Vast Infraestrutura oil terminal.
T&E: Over half of European ferries could become electric by 2035
T&E: Over half of European ferries could become electric by 2035
Brussels
Klann: Electric ferries are already cheaper on many routes and will become even cheaper in the coming years.
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
London
The area may soon be transitioned to a Warlike Operations Area.
Nautilus International urges States and shipping operators to ensure the safety and rights of seafarers
London/Brussels
The International Trade Union Confederation urges an immediate ceasefire by all parties
Strait of Hormuz: A sailor from a ship attacked by a drone vessel dies.
Muscat
Twenty-one crew members were evacuated
Norwegian Cruise Line Holdings closes a record 2025, but faces challenges with non-operating costs.
Miami
The war crisis in the Middle East also affects ports
Dubai/Muscat/Washington
Kramek (WSC): Liner shipping has demonstrated its ability to react to emergency situations, such as the one in the Red Sea
ICS, ECSA and ASA concerned about seafarers' safety in the Middle East
London/Brussels/Singapore
This is - they underlined - a rapidly evolving and unpredictable situation.
Hapag-Lloyd and Maersk were the first to sense trouble in the Middle East. A tanker sanctioned by the US was hit.
Hamburg/Copenhagen/Southampton/
Washington/Muscat
On Friday, the two companies notified customers of changes to their services in the region. Four Skylight crew members were injured.
Due to the national journalists' strike proclaimed by the National Federation of the Italian Press, which our editorial staff is adhering to, no news will be published by our newspaper today.
Confitarma praises legislative initiative for the maritime sector
Rome
Regulatory simplification is a good thing, an essential element for strengthening the competitiveness of national armaments
Assarmatori welcomes the Senate's approval of the "Promoting Marine Resources" bill.
Rome
Messina: overcomes a limitation of the Navigation Code that allows only Italian and EU citizens to join Gente di Mare.
The port system of Venice and Chioggia generates a production value of approximately 15 billion euros
Venice
Direct employees are 26,898 and, including related industries, they rise to 218,853
Green light for aid to reopen the Orbassano-Aiton Alpine Railway Highway.
Brussels
The European Commission authorizes subsidizing the service
Fit Cisl Savona, alarm raised over the potential impact on jobs of the drop in traffic at Vado Gateway.
Savona
The Gioia Tauro Port Authority Management Committee approved the reimbursement of mooring fees.
Gioia Tauro
1.5 million euros allocated
Prologis and Singapore's GIC to form joint venture to invest $1.6 billion in new fulfillment centers in the U.S.
San Francisco/Singapore
The initial portfolio is approximately 380 thousand square meters
The Management Committee of the Port Authority of Genoa and Savona-Vado has taken note of the framework agreement with PSA
Genoa
The update of the Integrated Activity and Organization Plan has been approved.
Hanwha Ocean and ONEX Sign Naval Shipbuilding Agreement
Seoul/Eleusis
The first project in sight is submarines for the Greek Navy
The Antitrust Authority has not opened an investigation into CEVA Logistics' acquisition of the Fagioli group.
Rome
The AGCM believes that the operation will not impede competition or create a dominant position
Singapore's ONE acquires stake in Dongwon Pusan Container Terminal
Singapore
The company operates at the Gammam and Singamman docks of the Port of Busan
EIB finances shore power installation in Rotterdam port
Rotterdam
A loan of 90 million euros has been granted
High-tech exoskeletons to ease the burden on dockworkers in the Port of Livorno.
Livorno
Experiment in collaboration with the Livorno Port Company
Salvatore Lauro, a shipowner from Campania, died yesterday in Ischia.
Naples
He was a senator of the Republic from 1996 to 2005
APM Terminals acquires 49% stake in Vietnam's Hateco Hai Phong International Container Terminal
The Hague/Hanoi
Third phase of construction of Mexico's Lázaro Cárdenas terminal begins
FedEx revenues increased by 8.3% in the December-February quarter
Memphis
Quarterly net income was $1.06 billion (+16.2%)
London pledges £746 million to renovate Nigeria's two ports, Apapa and Tin Can Island, in Lagos.
London
Agreement between UK Export Finance and the Nigerian Ports Authority
Fabrizio Urbani is the new secretary general of the Port Authority of the Central-Northern Tyrrhenian Sea.
Civitavecchia
Unanimous resolution of the Management Committee
In the fourth quarter of 2025, French ports handled 74.2 million tonnes of goods (+7.2%)
La Defense
UNI/Fermerci reference practices on staff training presented at MIT
Rome
The Council of State has rejected the relocation of Genoa's chemical warehouses.
Rome/Genoa
The AdSP declares itself ready for a technical discussion within the framework of a specific initiative by the municipal administration
FS Logistix and Nurminen Logistics inaugurate a new weekly rail service between Sweden and Italy
Rome
2,500 kilometer route
Hapag-Lloyd signs maritime cooperation agreement with Indian government
Hamburg
Plans to bring ships under the Indian flag and collaborate in the development of ship recycling and Vadhavan port
A project for the digital transformation and technological development of the port of Gioia Tauro has been funded.
Gioia Tauro
Resources worth almost two million euros for the Port Authority of the Southern Tyrrhenian and Ionian Seas
Keel-laying and coin-laying ceremony for a new ferry under construction for ACTV
Piombino
It took place in the Piombino Industrie Marittime shipyard
Touax Container Services increased container sales by 36% in 2025
Paris
Revenues decreased by -5% in the year
In 2024, international seaborne freight traffic reached a record 24.1 billion tonnes
Geneva
New historic peak in dry cargo
Medlog (MSC Group) will acquire the remaining 29% of MVN from Logistics Project Italia
Rome
The operation has been notified to the Antitrust Authority
Greek group Attica Holdings continues its fleet renewal plan
Athens
Purchase of two catamarans for €15 million. Long-term lease of the "GNV Bridge" ferry.
Germany's Arvato has acquired Canada's THINK Logistics
Mississauga/Gütersloh
The company, founded in 2012, is headquartered in Mississauga, Ontario.
Two new state-of-the-art ship-to-shore cranes have arrived at the PSA SECH terminal.
Genoa
They will be operational from June
Banco BPM's €55 million financing to Grimaldi Euromed
Naples/Milan
Partially covers the purchase of the new ship "Grande Inghilterra"
Stolt-Nielsen sells 50% of Avenir LNG to NYK Line
Oslo/Tokyo
The company operates in the liquefied natural gas bunkering sector
Only 7% of the workers in the port companies and terminals of La Spezia and Marina di Carrara are women
La Spezia
Costa cancels cruises originally scheduled to sail to the Middle East
Genoa
The company currently has no vessels operating in the region.
In 2025, d'Amico International Shipping's time charter revenues decreased by -29.0%.
Luxembourg
Fourth quarter decline eases
NYK to become sole owner of Norway's Saga Welco
Tokyo/Tønsberg
The Tønsberg company has a fleet of 48 open-hatch vessels
Grimaldi Group's Valencia Terminal Europa will manage the new car terminal at the port of Sagunto.
Valencia
Grimaldi has taken delivery of the new PCTC Grande Seoul
Naples
It is the ninth ammonia-ready unit of the Neapolitan shipping group
The Cagliari-Algeria service operated by Maersk and Grendi will soon dock at the Giammoro di Milazzo pier.
Messina
It will be held on a weekly basis
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
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Falteri (Federlogistica): The consequences of the war in Iran are only in their infancy.
Genoa
There is a dramatic congestion of perishable products in the hub airports of the Gulf, he underlined.
DP World reported record annual operating and financial results
Dubai
In 2025, container traffic increased by +5.8% and revenues by +22.0%
Two additional new Medium Range 2 tankers for d'Amico Tankers
Luxembourg
Exercised options with Chinese shipyard Jiangsu New Yangzi Shipbuilding Co.
Japan's MOL has acquired 25% of V.Ships France
Tokyo/London
The remaining 75% of the capital remains with V.Ships
ICTSI reports record annual and quarterly financial and operating performance
Manila
Last year the group's port terminals handled 14.5 million containers (+11.0%)
Wan Hai Lines' revenue decreased by 13.3% in 2025
Taipei
The company will buy four new 6,000 TEU container ships and two 9,200 TEU container ships.
Observatory on the presence of women in the blue economy sector
Milan
Initiative by WISTA Italy and the Maritime Federation
The first train will depart from the Pordenone Interport on April 2nd.
Pordenone
Ausserdorfer (InRail): We have already received new requests and contracts to increase connections
Triple ceremony for Explora Journeys at Fincantieri's Sestri Ponente shipyard
Genoa
Technical launch of "Explora IV", coin ceremony of "Explora V" and start of construction of "Explora VI"
The Propeller Club of the Ports of La Spezia and Marina di Carrara has renewed its board of directors.
La Spezia
Gianluca Agostinelli and Federica Maggiani confirmed as president and vice president
The Tunisian government decides to start construction of the port of Enfidha
Tunis
52,000 jobs expected to be created
Hundreds of containers of temperature-controlled plant-based food products are held up in the port of Genoa.
Genoa
Spediporto reports it
The La Spezia Freight Forwarders Association has established a terminal freight forwarder section.
La Spezia
The aim is to strengthen the representation and enhance the value of inland logistics.
FHP Intermodal launches rail service from northern Italy to Bari and Catania
Foggia
Initially, two pairs of trains are scheduled to depart per week.
Managing maritime shipments in a scenario made extremely complex by the crisis in the Middle East
Genoa
Botta (Spediporto) and lawyer Guidi suggest how to handle difficulties
The new Norwegian Luna cruise ship will be delivered in Marghera.
Trieste
It is the second unit of the "Prima Plus" class built by Fincantieri
Assiterminal: The EU's port strategy is a success.
Genoa/Brussels
Seas At Risk, One Planet Port, and IFAW are concerned about the proposed regulation's reference to expediting environmental impact assessments.
The first electrical cabin dedicated to the cold ironing system has been completed in the port of Gioia Tauro.
Gioia Tauro
In April, the first connection of a container ship to a mobile socket
Konecranes revenues remained stable in 2025
Helsinki
The value of new orders grew by +9.7%, with a +21.3% for port vehicles
Finnlines' net profit increased by 50.7% in 2025
Helsinki
Revenues up 2.0%
Ravenna has been designated Capital of the Sea 2026
Rome
Petri (Assoporti): its port is a strategic hub for the national economy
Large shipment of ammunition and detonators seized in the port of Ancona
Ancona
He was about to be embarked on a ferry intended for the exclusive transport of passengers
2025 record for the American cruise group Viking Holdings
Los Angeles
Revenues grew by +21.9%
UECC has ordered China Merchants Jinling to build two PCTCs
Oslo
They will have a capacity of 3,000 CEUs and will be taken into delivery in 2028.
Kuehne+Nagel plans more significant staff cuts
Schindellegi
Worsening economic results in the fourth quarter of 2025
Public notice from the Northern Tyrrhenian Sea Port Authority to select the new Secretary General
Livorno
The procedure is not competitive in nature and no selection process is foreseen.
KKCG Maritime publishes a partial tender offer to increase its stake in Ferretti from 14.5% to 29.9%.
Milan/Hong Kong/Prague
The offer is not aimed at delisting the shares
Norovirus outbreak on second Holland America Line cruise ship
Hong Kong
65 passengers and 11 crew members of the "Westerdam" were injured.
SOS LOGistica, allocating only 10% of the €590 million for road transport to zero-emission vehicles is self-destructive.
Rome/Milan
Texts: talking today about a heavy BEV market that "takes off" remains a mirage
The first U212NFS submarine is being laid down at Fincantieri's Muggiano shipyard.
Trieste
The delivery of the first unit is scheduled for 2029
A new tender has been published for railway shunting in the ports of Savona and Vado Ligure.
Genoa
The tender base amount is 14.8 million euros
China's LC Logistics orders two new 11,000-TEU containerships
Hong Kong
Order with a total value of 236 million dollars
Palumbo Superyachts to build new metal shipbuilding hub in Ortona
Ortona
Concession area in the Abruzzo port
Kuehne+Nagel acquires the road transport business of German firm Lohmöller
Schindellegi
In 2024 they had generated a turnover of approximately 23.5 million euros
Rolls-Royce posts record annual financial performance
London
Revenues increased by 12.2% last year
Fincantieri delivered the ultra-luxury cruise yacht Four Seasons I in Ancona
Trieste
The Navis Sapiens program also debuts with the ship
Nearly 12 million tonnes of CO2 avoided in 2025 for vessels coated with Jotun products
Muggia
Estimated fuel cost savings of approximately $2 billion
In 2025, intermodal traffic handled by Interporto Padova amounted to 381,031 TEUs (-7.5%)
Padua
Record production value recorded
In 2025, the Nola interport handled 2,000 trains
Nola
A 50% increase is expected in 2026
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
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
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
››› Meetings File
PRESS REVIEW
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
Russian shipbuilding holding USC designing high ice-class container ship for Rosatom for Northern Sea Route
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
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