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Independent journal on economy and transport policy
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BRIEFS
August 11, 2014
Sched Netweb site
  • Asia-Europe spot rate falls 7.8pc to US$1,341/TEU after 20.9pc jump
  • Rotterdam works to alleviate bad congestion and two large terminals
  • Zeebrugge container volume tops all, up 9.9pc, surpassing million TEU
  • UASC's 18,000 TEUers to call at terminals run by UAE's Gulftainer
  • Evergreen takes delivery of 13,808-TEUer from Enesel for A-E service
  • Ex-P3 man named CEO of Maersk Line's Asia Pacific Regional business
  • Hanjin 2,800-TEUer makes maiden call to Boston from China via Panama
  • Ships go slow along California coast to save whales and improve air quality
  • US$13.5 million LA-LB scheme to test Siemen's electric trolley trucks
  • Lufthansa, Finnair, AF-KLM big losers if Russia ends Siberian flights
  • IAG Cargo leaves flying freighters to Qatar, revenue plunges 12pc
  • Rwanda, Ethiopia airlines fill gap after grounding of Ugandan carriers
  • Cathay Pacific invests in making bio-fuel from municipal solid waste
  • Low temperatures help spark ANA Dreamliner battery meltdown in Japan
  • Ohio AMES wins FAA approval to add Airbus maintenance capabilities

Exim Indiaweb site
AUGUST 8, 2014
  • Allcargo Logistics registers impressive Q1 results
  • deugro Projects (India) marks 8th anniversary by successfully handling IOCL project
  • International shipping community places Liberia, Guinea & Sierra Leone on Ebola red alert
  • Shreyas Shipping inducts SSL Mumbai into coastal service
  • Cotton imports surge on low prices, erratic monsoon
  • Govt to import 50,000 t of onion
  • Steel threaded rod from India not to attract anti-dumping duty in US
  • Textile, garment exports grow 20 pc in May
  • Chairman says NMPT can handle any cargo
  • Vietnamese delegation learns about the Gujarat model of port-led & other development
  • CWC's ICD-Dashrath handles record 989 TEUs of import containers in July
  • Govt allows 100 pc FDI in rail operations, projects
  • Railways' earnings up 10.76 pc in April-July
  • Russia threatens to block EU carriers from its airspace
  • Shree Shubham Logistics to spend INR 200 cr. on expansion
  • Viraj Group sets up Vaishno Container Terminal ICD at Tarapur, Maharashtra
  • Essar JV to develop petrochem complex at Vadinar
  • Forex reserves drop by $ 573.5 m to $ 319.99 bn
  • INR recovers from 5-month low of 61.74, ends better at 61.14
  • RBI eases lending norms to infra sector
  • Reliance Power acquires JPVL's INR 10K cr. power plants
  • Several SEZs failed to start operations due to various reasons: Sitharaman

Marine Logweb site
AUGUST 8, 2014
  • VT Halter Marine marks milestones in HOS OSV program
  • J.F. Lehman's USJ-Imeco acquires Joiner Systems, Inc.
  • Thordon bearings perform well in cutter suction dredge
  • Ship operators told to take Ebola outbreak precautions
  • Wesmar bow thruster picked for Newfoundland ferry upgrade
  • Ingalls Gulfport delivers its last composite strucure

World Wide Shipperweb site
AUGUST 8, 2014
  • NYK Group company tugboat earns environmental honor
  • Trucking association calling for Mike Russel Award nominations
  • Chetco River Coast Guard Station slates open house for tomorrow
  • NOL Group reports numbers for 2014 second fiscal quarter
  • US rail freight traffic sees positive month of July

Lloyd's Listweb site
AUGUST 8, 2014
  • Is China's transport ministry a competition body for shipping?
    All eyes on China's antitrust framework as probe into state giants looks set to reveal whether foreign firms and the country's government-controlled and private companies are all put on an equal footing.
  • West Africa to India trade helps soften the blow for Suezmaxes as US imports continue decline
    New trades spur confidence as operator predicts improvements to market fundamentals in the second half
  • P3 is dead. Long live C3?
    Container network formed by three Chinese state giants on China-Japan trade faces official scrutiny after complaints from compatriots
  • Asia-Europe rates remain high despite dip
    Spot rates slip 7.8%, but still above yearly average
  • Hapag-Lloyd enforces Rotterdam surcharge
    German carrier to impose $75 surcharge on third-party vessels from this weekend
  • Headhaul transatlantic box volumes surge
    Volumes heading to North America from Europe increased by 8.3% during the first six months
  • Tanker boost as Mexico approves energy reforms
    Fresh cargoes for crude tankers when Mexico raises oil production
  • Inactive fleet continues to reach new lows
    Capacity of fleet taken out of action now a 1.2% of total fleet
  • Jensen to take up new Maersk role in September
    Asia Pacific chief executive will be responsible for operations in Southeast Asia, Australia and New Zealand
  • Market steady, if uninspiring
    Averted work stoppage at Port Hedland gives capesize owners a breather
  • Navigator revels in rising LPG fortunes as income climbs 71%
    Fleet growth, higher charter rates and better vessel utilisation all contributed to good result
  • Vale vow to double Chinese iron ore shipments could be blessing for capesize owners
    Implied demand is for 230 capesizes with miner indicating preference for leasing
  • Week on Wall Street
    Eagle Bulk restructuring in full flight while others jet off on holiday
  • Ports alert to cybersecurity threat
    Antwerp official refutes claim that ports are not taking cybercrime seriously
  • Europe's sea of red tape
    Cutting customs formalities for EU shipping is behind schedule and 'off course'
  • Teekay Tankers to focus on deleveraging
    Mackay pushes 'disciplined' approach to capital structure
  • Euroseas books flat revenues
    Dry bulk and container operator suffers through weak rates in both sectors

Sea-webweb site
AUGUST 8, 2014
  • Ningbo Xinle secures order for Elcano chemical duo
    Chinese yard Ningbo Xinle Shipbuilding has secured an order for two chemical tankers from Spanish owner Elcano. The two 13,000dwt vessels are scheduled for delivery in 3Q16 and 1Q17 respectively. No costs have been disclosed for the order. In addition to this latest order, the same owner also has
  • Guangzhou Longxue to build four Fortescue VLOCs
    China's state-owned shipyard CSSC Guangzhou Longxue Shipbuilding has won an order for four very large ore carriers (VLOCs) from Australian mining company Fortescue Metals Group (FMG). Two of the four 250,000dwt vessels are scheduled for delivery in 2H17 and two are set for delivery early in 2018.
  • Scorpio Bulkers lays groundwork for note issue
    NYSE-listed Scorpio Bulkers is equipping itself with the ability to raise capital via senior unsecured notes, filing papers to this effect with US securities regulators. For registration fee purposes the document gives $57.5M as the maximum size of the proposed offering. The timing of the putative
  • Swissco net profits almost double
    Singapore-listed marine company, Swissco Holdings Limited (Swissco) today (8 August) reported 1H14 net profits up by 48.9% to SGD 5.73M ($4.6M). Gross profit also rose 51.6% to SGD 10.2M ($8.2M) as at 30 June 2014 compared to SGD 6.73M ($5.38M) for the same period in 2013. Swissco's revenue
  • Euroseas optimistic on drybulk and boxship markets
    NASDAQ-listed Euroseas has admitted that the drybulk and containership markets face a number of significant challenges, but the firm remains optimistic about a revival. The company said it would seek only short-term timecharters of 3-12 months for its fleet, as it seeks to ride the current doldrums
  • Daehan wins Fomento order for Newcastlemax quartet
    South Korean yard Daehan Shipbuilding has won an order for up to four Newcastlemax bulkers from the Goa-based, Indian mining company Fomento. The order is for two firm 210,000dwt vessels, which will have an overall length of 299.8m and a beam of 50m with delivery scheduled for September 2016 and
  • HHI secures Polembros option pair order
    South Korea's Hyundai Heavy Industries (HHI) has secured an order for two Suezmax tanker options from Greek owner Polembros, bringing its total on order at HHI to four at a total cost of $280M. The two 159,000dwt vessel order has reportedly been confirmed by Polembros and they are scheduled for
  • Fleet of six ships prepare for new MH370 search
    A fleet of six vessels is poised to renew the search for Malaysian Airlines' Flight MH370 in September, Australian authorities announced yesterday (7 August), while releasing an updated bathymetric map of the search zone. Two ships, Zhu Kezhen and Fugro Equator have now completed the search of over
  • South Korean lawmakers 'yes' to Sewol bill
    South Korea's rival political parties yesterday (7 August) reached an agreement on a new Sewol-related bill. The Sewol ferry capsized during a routine Incheon-Jeju crossing on 16 April, leaving 304 of the 476 passengers and crew either dead or missing, and triggering major criticism of the
  • Italian ports decamp over reform delay
    Italy's long overdue ports reform programme is in disarray as two major ports - Genoa and Ravenna - announced they were leaving Assoporti, the national ports association. The country's Ministry of Transport has today (8 August) published details of a major programme of investment to upgrade the
  • Officials charged with Sewol-linked corruption
    The Incheon District Prosecutors' Office announced on Wednesday (6 August), that a total of 43 officials have been charged with corruption in connection with the Sewol ferry disaster. Of the officials, 18 were detained and 25 officials were charged without being detained. The Sewol capsized during a
  • Viking O&M posts losses for 1H14
    Singapore-listed offshore and marine services provider, Viking Offshore & Marine, has announced 1H14 profits down by 30% year-on-year (y/y) to SGD368,000 ($293,700) from SGD523,000 ($417,400) in 2013. However, revenues rose by 3% to SGD31.6M ($25.2M) in 1H14 for the period ending 30 June 2014 as
  • China nickel imports fall in 1H14
    China's nickel imports fell 26% year-on-year (y/y) to 23M tonnes in the first half of 2014 due to tighter trade rules imposed by major source countries. In addition, the value of nickel ores decreased by 21% y/y to $2.0Bn during the same period, with average prices up 7% y/y to $86.2 per tonne,
  • 'Buy' for Yangzijiang shares
    Singapore-listed shipbuilder, Yangzijiang Shipbuilding Holdings's shares have been given a "buy" recommendation, according to Lee Yue Jer, offshore and marine analyst from DMG & Partners. Lee stated that Yangzijiang has just posted its all-time highest earnings in 2Q14 of CNY1.24Bn ($201.3M), thanks
  • Special maritime zone in China
    The Qingdao West Coast New Area in China has been accorded administrative privileges with the aim of to attracting investment and expertise in order to expand the maritime economy, the local authorities announced on 1 August. Entrepreneurs in this coastal city in Shandong Province can expect a boost
  • Taiwan exports improve
    Taiwan's exports totalled $26.77Bn last month, up 5.8% year-on-year (y/y), but down 0.1% from June, its Ministry of Finance said yesterday. July was the sixth consecutive month that Taiwan's exports rose this year, but the increase was slightly lower due to the weaker-than-expected demand in the
  • Nam Cheong profit doubles
    Singapore-listed offshore service provider Nam Cheong today reported 2Q14 profits up by 53% year on year to MYR63M ($19.6M). Revenue hiked 38% y/y to MYR378.8M ($118M) on 30 June 2014 from MYR275.3M ($85.7M). Similarly, the company's gross profit rose by 24% to MYR66.9M ($20.8M) in 2Q14, while
  • APMT invests in Pipavav
    APM Terminals-controlled Pipavav port in India's north western state of Gujarat plans to invest $100M to boost its container loading capacity, the managing director of Gujarat Pipavav Port Ltd, Prakash Tulsiani said. "We are seeing good demand for containers and are operating at 85% capacity. We are
  • Extra £3M for UK canals and rivers
    The Canal & River Trust, which looks after 2,000 miles of waterways in England and Wales, will spend nearly '2M on dredging works and a range of associated improvements. The Trust has committed to spend £80M on dredging over the ten years from 2013, but this new money, that will be used to fund

The Journal of Commerceweb site
AUGUST 8, 2014
  • No federal inspectors for grain terminal in ILWU dispute
    Despite pleas for relief, the United Grain Corp. terminal in Vancouver, Washington, learned Thursday federal grain inspectors will not work at the export terminal because of alleged harassment by International Longshore and Warehouse Union picketers who have been locked out of the facility. In a letter yesterday to United Grain, Lawrence...
  • US lawsuit hits Japanese forwarder's profit
    Major Japanese international freight forwarder Kintetsu World Express Inc. saw its group net profit plunge over 50 percent in the first quarter of fiscal 2014, which started on April 1, due to an extraordinary loss related to an antitrust class-action lawsuit in the United States. The Tokyo-based company said on Aug....
  • Weekly Stockton-Oakland container barge service to end
    A weekly container-on-barge service between the California ports of Stockton and Oakland will end Sept. 1, dealing a blow the creation of a U.S. marine highway network by ending one of the three inland waterway container services. The service via the San Joaquin River will still be available on an "as-needed"...
  • Ocean carrier rate revision roundup for Aug. 8
    Major container lines announced general rate increases taking place in mid-August through October this week. This year such announcements are coming once, if not twice, every month as carriers battle a volatile spot market. While most general rate increases this year have been largely unsuccessful, the spot market in the trans-Pacific...
  • SCFI: Asia to North Europe rate drops, but US lanes hold onto gains
    The Shanghai Containerized Freight Index for northern Europe ports fell 7.8 percent this week. Full-size chart Spot rates from Asia to northern Europe continued a trend of peaks and valleys this week, giving up nearly half of pricing gains achieved around Aug. 1 general rate increases. The Shanghai Containerized Freight Index for northern Europe...
  • Hapag-Lloyd diverts more voyages from Rotterdam to Antwerp
    Hapag Lloyd today announced it will divert three more Asia-Europe port calls to Antwerp, fueling concern that berthing delays at Europe's biggest container hub will persist into the fall. The German container line said three more voyages on its Europe-Asia Loop 4 service operated in the G6 Alliance will be diverted...
  • US grain exporters brace for worsening rail delays as harvest nears
    Many U.S. Midwest grain exporters have little reason to be optimistic that they'll get their products to market on-time or for a price that will make shipping to Asia economically feasible. With the wheat, corn and soybean harvests just around the corner, many farmers have seen delays of weeks - if...
  • Asset-tracking firm hopes to boost business with new satellites
    With the first six of a new generation of satellites in orbit, Orbcomm expects increased revenue from its global asset-tracking and management services in the second half of 2014 - especially once those new satellites are fully operational, company executives said today. The machine-to-machine or M2M communications specialist increased revenue from...
  • Maersk's Jensen moves from P3 to Asia CEO
    The executive who would have headed the P3 Network, Lars Mikael Jensen, has been appointed Maersk Line's regional CEO for Asia Pacific and will be responsible for day-to-day operations in Southeast Asia, Australia and New Zealand. Jensen begins his new role on September 1 and will be based in the carrier's regional...
  • Singapore logistics group CWT to build giant logistics complex
    Singapore logistics group CWT has announced plans to develop a 2.2-million-square-foot integrated warehouse and container port logistics complex at Jalan Buroh in the Jurong Port area of the city. An existing facility in the warehouse complex will be developed and converted into a "mega logistics facility," although no investment figure was...
  • Leading Indian logistics firm sees strong e-commerce growth
    Gati Ltd., India's leading express distribution and supply chain solutions provider, reported its net income surged a whopping 111 percent in the first fiscal quarter, which ended on June 30, from a year earlier to Rs. 15 crore (about $2.4 million) on a consolidated basis. The company's group income from April...

TradeWindsweb site
AUGUST 8, 2014
  • VLCCF branded 'buy'
    A leading Wall Street equity analyst believes now is the time to accumulate shares of Knightsbridge Tankers.
  • SeaRiver readies sale
    ExxonMobil's US shipping offshoot has launched a campaign to offload two of its suezmax tankers, TradeWinds has learned.
  • Twin court dates for HNA
    HNA Group subsidiary Grand China Logistics (GCL) and then the parent HNA Group itself will separately be meeting shipowners in London early next year to fight out time-charter guarantee rows.
  • Classic fixes Livanos cape
    Classic Maritime has chartered its second capesize bulker on a period contract in a little over a week.
  • Otto recovers
    Otto Marine recovered from a 2014 first quarter $14.7m loss by booking a gain of $16.9m in the second three-month period.
  • Brothers charged
    Two Malaysian shipowning brothers are facing 77 charges after being accused of having ships enter Brunei waters without clearance and not paying duty on more than 35,000 tonnes of stones.
  • Navigator set for VLEC debut
    Wilbur Ross's Navigator Holdings could be the first mainstream shipowner to place contracts for very large ethane carriers (VLECs) after revealing it is in talks to enter the fledgling sector.
  • Polarcus profit up 46%
    Second quarter results announced today by Polarcus showed that net profit increased to $9.2m from last year's $6.3m.
  • One dead in fire
    A seafarer has died after a blaze broke out on a Russian cargoship off Japan.
  • Freeport back on exports
    It has taken seven months, but Freeport McMoRan's Indonesia unit has completed its first copper concentrate export shipment since new mining rules were introduced by the government.
  • Wilson improves profit
    Mini-bulker owner Wilson improved earnings in the second quarter by 30.4%, the Bergen-based company said on Friday.
  • Sainty raising cash
    Chinese shipbuilder Sainty Marine is plotting a new share issue to generate funds to complete its healthy orderbook.
  • Kuribayashi stronger
    Japanese company Kuribayashi Steamship today announced a first quarter net profit of JPY 121m ($1.2m) following last year's JPY 33m earnings.
  • Elcano orders double
    Spanish owner Elcano is adding to its chemical tanker fleet with an order for two ships in China.
  • Sado loss grows
    Japanese ferry company Sado Steam Ship has seen its net loss widen in the first half of its current financial year.
  • Toei reports Q1 profit
    Japan's Toei Reefer Line has posted net profit of JPY 46m ($453,000) for the first quarter ended 30 June, recovering from a JPY 45m loss one year earlier.
  • Hoegh MLP in strong start
    Hoegh LNG Partners enjoyed a dream debut on the New York Stock Exchange with its shares climbing by more than a tenth on the first day of trading.
  • SALT set for notes sale
    Scorpio Bulkers has set the scene for a notes sale to fund fleet expansion.
  • Tamai better again
    Japan's Tamai Steamship has improved earnings again as revenue rose in the first quarter.
  • Philadelphia unfreedom
    Crew on a Greek-owned multipurpose ship have spent four months stranded on the Delaware River.
  • Kyoei profit climbs
    Japan's Kyoei Tanker has recorded an improved first quarter profit.
  • Odds against
    We take a look at what was said in the market over the past week.
  • Philadelphia unfreedom
    Crew on a Greek-owned multipurpose ship have spent four months stranded on the Delaware River.
  • Giddens stages comeback
    John Giddens is back in the offshore game four years after selling his successful Singapore-based subsea company Hallin Marine to US interests.
  • Back with a vengeance
    Jose Carlos Martins, head of ferrous metals at Brazilian mining giant Vale SA, says his company plans to double the volume of iron-ore its esxports to China within the next five years
  • Nam Cheong profits soar
    Malaysian offshore support vessel and operator Nam Cheong has had a robust second quarter with soaring revenues and profits. The company believes its outlook for the future looks even brighter.
  • Euroseas misses mark
    Diversified Greek operator Euroseas reported a second-quarter deficit Thursday that was deeper than many investors had expected.
  • Gati eyes exit
    A diversified Indian logistics provider appears to be moving forward with plans to abandon the maritime shipping industry under a broader bid to slash debt and stem losses.
  • TOPS surprises Street
    Greek product tanker owner Top Ships made waves on Wall Street Thursday after posting a second-quarter profit.
  • Pulp fiction
    Cargill is pouring more cold water on reports that it has placed a contract to construct a pair of capesize bulkers at a shipyard in China.

American Shipperweb site
AUGUST 8, 2014
  • DP World Vancouver restricts intermodal rail containers to U.S.
    DP World Vancouver, which operates the Centerm terminal in downtown Vancouver, British Columbia, said that starting Aug. 8, it will not allow discharge of U.S. bound intermodal rail cargo.
  • Malaysian government plans purchase of Malaysia Airlines
  • Moody's reviewing MOL rating
    Moody's put MOL's Baa3 rating - the lowest of its investment grade ratings - under review on Monday after MOL reported earnings of 8.5 billion yen ($84 million) for the period ending June 30, compared to 12.9 billion yen the previous year.
  • Crane productivity rises at some U.S. terminals
    One factor that can help get a vessel back to sea - where it makes money - is how fast ship-to-shore cranes can discharge and load boxes. Terminals in Bayonne, N.J., and California are striving to improve crane capacity.
  • CSAV says U.S. authorities OK merger with Hapag-Lloyd
  • Weekly GRI roundup
  • U.S. steel exports 'steady' in June
    "Exports to most other trading partners are down for the year, though two notable - and, perhaps, surprising - exceptions are Venezuela and Russia," said the American Institute for International Steel.
  • WTO firm against China's rare earth metal export restraints
    China's export restraints, the U.S. government had warned, "artificially increase world prices for these raw material inputs while artificially lowering prices for Chinese producers."
  • Canadian grain shipments float St. Lawrence Seaway's volume

The Bunker Bulletinweb site
AUGUST 8, 2014
  • IFO380 ends week soft in Montreal
    Slow demand reported at the Canadian port.
  • Weekly Global Market Report
    A weekly price roundup from bunkering hubs around the world.
  • Prices firming in European hubs
    Weak demand in Hamburg.
  • Prices firming across Middle East and Africa
    No price changes in Suez.
  • Players 'don't want to be stuck with low sulphur IFO'
    'There's not a lot of demand and quite a bit of low sulphur product around.'
  • Iran halts exports of 380 cSt product
    'Some traders estimated freeze could last up to three months.'
  • Player starts operating from second terminal near Istanbul
    Says move will help 'eliminate the possible effects of refinery modernisations on fuel oil supply'.
  • Asian bunker prices firming
    Busan port remains under typhoon threat.
  • Stranded ship has '$1.2 million of unpaid bills'
    Fate of Greek-owned cargo ship 'another chapter of what's happening in the shipping industry'.
  • Dual-fuel gas carrier wins long-term charter deal
    Charter due to start in 2016.
  • Firm acquiring 'eco-design' reefer newbuilds
    As part of a larger new-building programme, says CEO.
  • Offshore vessel owner opts for fuel-saving design
    Up to four ice-class MPSV vessels to feature Wartsila design.
  • US terminals firm to receive major equity boost
    Firm will pursue expansion opportunities in Latin America, Europe and Africa.
  • River bunker tanker to join Russian fleet
    Vessel to operate in Cherepovets.

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