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Independent journal on economy and transport policy
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BRIEFS
November 13, 2014
Sched Netweb site
  • Sun sets on Horizon as carrier broken up, sold to Matson, Pasha
  • Beware of paying bankrupt OW Bunker lest you pay twice: insurer
  • Maersk Line profit up 23.5pc to US$685 million, fresh tonnage on order
  • West coast dock talks become testy as go-slows move south to LA
  • With oversupply, Cosco chief sees no hope of shipping recovery in two years
  • Evergreen: Falling oil prices risk higher ship speeds and more oversupply
  • Oil prices must fall far before ships will abandon slow steaming: Clarksons
  • Mexico revokes US$3.7 billion China rail deal when opposition cry foul play
  • MSC switches to Lome as West Africa hub for Far East trade
  • Ghana's Tema port gets set for big time, dredging 16 metres alongside
  • More 5,000-TEUers plus to call at West African ports
  • Uni-Top Airlines buys 51pc of GrandStar Cargo and debt burden
  • Tehran, Lisbon sign air deal, first such Iran-EU treaty in 35 years
  • Lufthansa Cargo to serve Norway's oil hub Stavanger-Houston route
  • Korean Air flies Seoul-LA-Lima route through LAN code-share

Exim Indiaweb site
NOVEMBER 12, 2014
  • ITIC warns on pitfalls of confidentiality agreements
  • Liberian Registry provides MOL-funded medical supplies to Ebola-hit Liberia
  • Maersk Line, APM Terminals register profit in Q3 2014
  • Hero MotoCorp eyes acquisitions to enter European market
  • Andhra to develop 14 ports
  • VOC Port Trust observes Vigilance Awareness Week
  • 34 highway projects worth INR 26K cr. up for revival
  • DHL appoints new Head for Air Freight Capacity Management in India
  • New automobiles freight train starts from Melpakkam SATTVA ICD/Rail siding
  • Trouble-free Europe-Asia transit seen as indispensable
  • Increased production by CIL may help stop imports of coal: Goyal
  • India might ink CEPA with CIS Customs union
  • India, Russia boost ties through various pacts
  • ISSDA wary about rising stainless steel imports
  • Jaitley expects further dip in inflation; pegs GDP growth at 5.9 pc
  • China plans $ 16.3 bn fund to revive Silk Road trade

International Transport Journalweb site
  • Vertrauen ist gefragt
  • Anglia Freight expands fleet
  • Röhlig snaps up Indian subsidiary
  • More integration at Adriatic Gate Container Terminal
  • TNT investing in European network
  • Jet Aviation picks MUC team leader
  • Maru elects Gary Sawyer to board
  • GLS Italy opens new hub near Rome
  • Fuel cell propulsion to replace diesel locomotives
  • Horses jumping high in the sky
  • Contargo appoints new executive to grow Benelux business
  • London Gateway wins deep-sea container services
  • EU studies on Timisoara airport freight development
  • Crowley arrives in Africa
  • First private car train rolling on India's rails
  • Matson and Pasha splitting up Horizon spoils

IHS Maritimeweb site
NOVEMBER 12, 2014
  • Potable water rules tighten for ships
    Misunderstood or overlooked requirements are driving up violations of drinking water regulations on ships, according to providers of sanitation systems. Last year's introduction of the Marine Labour Convention's standards for Food and Catering lays down regular documented inspections of drinking
  • New seal design extends eco protection
    A new generation of seals for stern tubes and thrusters, based on a bottom-up redesign and offering reduced repairs, has been introduced by Stone Marine Seals. The Eco Seal replaces traditional seal design elements with a new internal architecture that avoids the need for any parts to rotate
  • ITF wins US seafarer service award
    The UK's Stephen Cotton, general secretary of the International Transport Workers' Federation (ITF), has been awarded the 2014 Admiral of the Ocean Sea Award by The United Seamen's Service (USS). Co-winners of the award were Joseph Cox, president/CEO of the Chamber of Shipping of America, and
  • Cost could hamper Asia's take-up of LNG
    LNG's high shipping costs could make it hard for the fuel to become significantly cheaper, said speakers at the International Energy Agency (IEA) press meeting today in London. Background costs for LNG - including extraction, liquefaction, and transport - combine to make it a more expensive source
  • Thieves strike again in Mauritian port
    Indian Oil Mauritius (IOML) informed police yesterday that it had uncovered a major theft of oil from its terminal within the port precincts at Port Louis, Mauritius. According to Le Mauricien newspaper, 114 barrels of lubricating oil, totalling 23,806 litres and worth Rs1.7M ($54,000), were found
  • STX plans India LNG shipbuilding move
    STX Offshore & Shipbuilding Co has offered to share technology with three Indian yards for constructing LNG carriers in India. But the beleaguered South Korean shipbuilder needs India's state-owned natural gas firm GAIL (India) to relax its terms on a tender for nine vessels to let it participate.
  • Aquarius ballast treatment gets USCG nod
    Wärtsilä's Aquarius EC Ballast Water Management System (BWMS) has been granted acceptance as an alternative management system (AMS) by the US Coast Guard (USCG), says the engine maker. With this clearance Wärtsilä has passed the first stage towards full USCG type approval, which the company aims to
  • Boustead awards $78.3M contract to CAD
    Malaysia-listed conglomerate Boustead Holdings has awarded a EUR63M ($78.3M) contract to Contraves Advanced Devices (CAD) to build six frigate-class patrol vessels for the Royal Malaysian Navy. The contract was issued by Boustead Naval Shipyard (BNS), a subsidiary of Boustead holdings, for
  • Eitzen aims to swap its debts for equity
    Eitzen Chemical, the listed Norwegian chemical carrier group, said today that it expects debt-to-equity conversion to repair its balance sheet amid widening losses. In the third quarter, the group lost $23.7M, compared with an $18.4M shortfall in the same period last year, while revenues slipped to
  • HHI bags Abu Dhabi oilfield contract
    Hyundai HI (HHI) has signed a $1.94Bn contract with Abu Dhabi Marine Operating Company (ADMA-OPCO) to develop Abu Dhabi's al-Nasr offshore oilfield in the UAE. As part of the second package of the al-Nasr Full Field Development Project, HHI will provide engineering, procurement, construction,
  • Low oil price clouds Subsea 7's outlook
    Subsea 7, a London-based seabed-to-surface construction company, warns that cheaper oil could make it harder for the firm to win new contracts. CEO Jean Cahuzac repeated a warning he has made throughout the year that the timing of large-scale projects remains uncertain. "This trend was
  • Maritime job seekers hunt permanent work
    Skilled seafarers are available in the job market but may need to be coaxed into the positions on offer through longer-term contracts, according to a new survey. Worldwide Recruitment Solutions (WRS) analysed 5,300 responses from job seekers and found the maritime industry has plenty of experienced
  • MOL forms Clean Products Tankers Alliance
    Japan-headquartered shipping company, Mitsui OSK Lines (MOL) has reached an agreement with Ultranav International (Ultranav), OSG International and Asahi Tanker to form a new product tanker pool. The new pool named Clean Products Tankers Alliance will operate a combined fleet of around 60 MR
  • South Korean shipbuilders face credit rate cut
    Several shipbuilders are among a host of South Korean firms that had their credit ratings downgraded, due largely to their poorer-than-expected 3Q earnings. Hyundai HI (HHI), the world's largest shipyard, was cut by one notch by two local rating agencies to "AA" from "AA+" due to its 3Q earnings.
  • Six rescued after vessel collision
    A total of six crew members on board a Chinese cargo vessel were rescued yesterday after a collision with a container ship off Xiamen, China. Chinese cargo vessel Hai Run 607 with six crew members on board collided with 2008-built 1,740teu container ship Hansa Siegburg late yesterday southeast of
  • China coal imports down 7.7% y/y
    China's coal imports declined 7.7% year on year to 243M tonnes in the first 10 months in 2014 due to competition from cheaper domestic coal. The drop in coal imports accelerated in October, according to China's latest customs statistics. Import prices fell 15.3% y/y to CNY475.6 ($77.6) per tonne
  • Hoegh and Wallem Ship Management to set up JV
    Hoegh Autoliners and Wallem Ship Management plan to establish a joint venture company in Singapore to manage 28 vessels operated by Hoegh Autoliners. The company will handle the technical management of all Hoegh Autoliners-owned vessels, a statement of Wallem said today. There are 28 owned vessels
  • Samsung HI clinches contracts worth $700M
    South Korean shipbuilder Samsung HI (SHI) clinched contracts to build two offshore platforms worth $700M. One of the orders was commissioned by Royal Dutch Shell (Shell) for construction of a substructure of a floating production unit (FPU); the project is already in the design stage. A SHI company

Marine Logweb site
NOVEMBER 12, 2014
  • Ray Bagley named NNS VP of Trade Operations
  • Safety Alert: Accidental release of CO2 system
  • Harvey Gulf opts for Advanced Logistics software
  • Eastern celebrates another HOSMAX double
  • SeaTech Solutions to design Nautilus seabed mining vessel
  • Another Wärtsilä BWMS gets AMS approval

World Wide Shipperweb site
NOVEMBER 12, 2014
  • Matson announces purchase deal for Horizon Lines' Alaska operations
  • Mitsui joining partnership to form product tanker alliance
  • Crowley teams with IbisTek to create Ghana joint venture
  • American Association of Port Authorities presents awards to port industry leaders
  • General Dynamics NASSCO begins product tanker construction

Lloyd's Listweb site
NOVEMBER 12, 2014
  • Ross promotes his eco newbuild strategy
    Billionaire investor talks publicly for the first time about purchase of four suezmax tankers and four VLCCs
  • Fallout from OW Bunker bankruptcy continues
    Owners using independent suppliers are warned to take care
  • Lower crude prices fail to raise tanker stocks
    Glut of cheap oil seen as boom for tonne mileage and bunker savings
  • Transpacific volumes increase 9% in September
    Increase comes despite port congestion and concerns over a west coast port shutdown
  • Eitzen Chemical struggles in third quarter
    Chemtanker owner in talks with creditors to strengthen balance sheet, while facing weaker Chinese chemical demand in 2014
  • Matson fulfils ambition to expand into Alaska trades
    Jones Act lines consolidate as Horizon break up allows Matson and Pasha to expand
  • Maersk performance better than share price declines suggest
    Macquarie says Danish shipping giant's third-quarter performance affected by $70m tax charge
  • Tsakos elected chairman of Intertanko
    New leader champions self-discipline but also better remuneration for industry
  • Throughput continues to rise among top ranked ports
    Combined volumes of top ten box ports up 5.6% in first nine months of 2014
  • VLCC earnings steady as December loading programme poised to start
    Steady and flat better than low and miserable
  • K Line expands orderbook of capesize bulkers
    Japanese conglomerate and TCC places joint order at Imabari Shipbuilding
  • Containership queue outside LA/Long Beach lengthens
    MSC Francesca largest vessel at anchor as 14 ships wait to berth
  • Industrial regulator delays Port Hedland strike
    Maritime engineers must vote on Teekay's enterprise agreement before going on strike
  • Habben Jansen wants to revive Hapag-Lloyd's fighting spirit
    Post-merger with CSAV, Hapag-Lloyd will take its place as the world's fourth-largest shipping company. But the new chief executive only wants the line to be the best
  • What does the latest round of tanker results tell us?
    Gradual freight market recovery appears to be more than just idle talk
  • OSG benefits from gains on one-off items
    New York-listed company sees rate gains for VLCCs and aframaxes
  • Industry viewpoint: Action needed on port congestion
    The growing problem of port congestion needs to be tackled by an industry forum at a global level
  • Norden losses continue with weak dry cargo demand
    Improvements in product tanker segment offers glimmer of hope for group
  • Maersk to place ship orders in coming six months
    Return to shipyards follows bumper results and need for capacity from 2017
  • Horizon bought by Matson and Pasha Group
    Matson takes over Alaska operations in $456.1m deal while Pasha is to acquire Hawaii business for $141.5m

The Journal of Commerceweb site
NOVEMBER 12, 2014
  • US releases toolkit to help ports plan, fund projects
    The U.S. Maritime Administration today released the first phase of a manual aimed at helping port authorities plan and fund port infrastructure improvements. The first module, titled Funding Strategy Guide, is part of a broader Port Planning and Investment Toolkit aimed at helping U.S ports pay for maintenance and expansion work...
  • Final shipment of Panama Canal gates arrives
    The final shipment of gates for the new locks of the expanded Panama Canal arrived today, bringing the project that will allow for the passage of bigger vessels into its final stages. "We are now in the homestretch to complete the expansion," said Panama's President Juan Carlos Varela during a brief...
  • Ryder, Mansfield Clean Energy team up to deliver CNG to bulk fuel fleets
    Global truck and equipment lessor Ryder System and Mansfield Clean Energy Partners will join to offer a compressed natural gas fueling service to bulk fuel haulers, with Ryder supplying vehicles and truck maintenance facilities and Mansfield the CNG fueling stations. The goal is to convert more of the bulk fuel hauling...
  • US, Brazil to study potential trade agreement
    The Brazil-U.S. Business Council, which is affiliated with the U.S. Chamber of Commerce, has signed a cooperation agreement with the Brazilian National Confederation of Industry to conduct studies on a potential trade agreement and report back to both governments on the results. The BUSBC-led delegation brought more than 50 business leaders from...
  • Lawsuit aims to block CSX effort to double-stack trains through Washington DC
    WASHINGTON - A group opposing the reconstruction of a CSX Transportation tunnel in a Washington D.C. terminal that would allow the railroad to double-stack containers has filed a lawsuit challenging a federal decision to let the project proceed. The Committee of 100 on the Federal City today filed a lawsuit in...
  • Dockworkers shut down SSA terminal in Oakland
    The tinderbox that is West Coast ports caught fire again today when members of the International Longshore and Warehouse Union shut down the SSA Marine terminal at the Port of Oakland. The incident occurred at 10 a.m. local time when the terminal sent one ILWU work gang home because there were...
  • Rising US chemical production spurs logistics, trucking, intermodal growth
    A South African firm's decision last month to build an $8.1 billion plant in Louisiana that will triple its chemical production capacity in the U.S. underscores widespread growth in U.S. chemicals manufacturing and in supporting logistics and transportation services. Sasol on Oct. 27 made a final decision to build an ethane...
  • Drewry's trans-Pacific benchmark spot rate declines 2.7 percent
    Trans-Pacific spot rates sank 2.7 percent this week to $1,875 per 40-foot container. Full size chart. Drewry's benchmark spot rate from Hong Kong to Los Angeles lost all pricing gains associated with an Oct. 15 trans-Pacific general rate increase, and will rely on next week's Nov. 15 GRI to make up some...
  • Strong container growth at major India ports
    The number of export and import containers moving through major ports in India expanded 7.34 percent year-over-year from April to October, the first seven fiscal months, as the government of Prime Minister Narendra Modi is making port development a major priority. Full-size imageThe 12 state-owned ports cumulatively handled 4.66 million 20-foot-equivalent...
  • Canadian spot truck volumes up 21 percent as US-bound freight grows
    Full-size imageA 70 percent increase in truckloads moving from Canada to the U.S. and an improving North American economy boosted Canadian truck freight volumes in October, with spot market volumes rising 21 percent year-over-year, according to TransCore Link Logistics. On a month-to month-basis, spot market freight volumes stabilized at an elevated...
  • Congress increases pressure on ILWU, PMA to reach deal
    WASHINGTON - After weeks of remaining relatively quiet on U.S. West Coast labor tensions, Congress is raising its voice on the need for the International Longshore and Warehouse Union and waterfront employers to forge a new labor contract. Six senators from California, Washington and Oregon today sent a letter to the...
  • Maersk weighs steps to boost trans-Pacific profits
    Maersk Line is reviewing the ocean and inland services it provides in the trans-Pacific trade, a notoriously high-cost and unprofitable trade lane for container lines, with an eye to increasing the rates it gets for those services or eliminating those that don't make money. The Danish carrier is considering three measures to...
  • Advancing Global Trade: Foreign Trade Zone Solutions Revealed
    With 85% of companies engaged in overseas operations, changes in labor rates and fluctuating fuel prices can have a major impact on profits and the global economy. That's why it's no surprise that over 76% of companies are reassessing their inbound supply-demand network to consider Foreign Trade Zones (FTZs). This Aberdeen...
  • Brazilian official promises $1 billion investment in ports next year
    Although many in Brazil are dismayed by the lack of investment in the country since the much vaunted new Port Law 12.815/13, the nation's Special Ports (SEP) Minister Cesar Borges has asserted that 2.8 billion reais (US$1.095 billion) will be spent on the sector before the end of 2015. Speaking at...
  • Intermodal at a critical crossroads
    With intermodal loadings in record territory and the railroads pushed to the limit to move the volume, it might seem a bit strange to be sounding an alarm about a slowdown. But the intermodal industry is entering a period of vulnerability after a prolonged period of growth. While trouble isn't...
  • Deutsche Post DHL earnings, revenue grow on strong express performance
    Germany's Deutsche Post DHL booked higher third-quarter earnings as strong gains in international express and domestic parcel shipments offset shrunken margins at its global freight forwarding unit. The world's biggest mail and logistics company increased operating profit by 4.8 percent to 677 million euros ($846 million) in the three months through...
  • Record Alibaba 'Singles' Day' sales reveal China delivery challenges
    HONG KONG - The millions of products ordered online in China during the November 11 "Singles Day" will have to be delivered across mainland China in the next couple of weeks, placing intense pressure on distribution networks in the country. During the online shopping frenzy, sales by e-commerce giant Alibaba on...
  • Customers to pocket bunker savings, but must pay low-sulfur levies, Maersk chief says
    HONG KONG - The speed at which the oil price fell took Maersk by surprise as bunker fuel dropped $20 in the past month, but Maersk Group CEO Nils Andersen said customers would benefit from the lower prices. "Falling bunker prices will be transferred to the customers, with some modest delays,"...

TradeWindsweb site
NOVEMBER 12, 2014
  • Beney to Navios
    The top US-based shipping man for mammoth conglomerate Cargill has left his job after four years to take a senior commercial post with the Navios group, where he began his career.
  • Washingtons grow stake
    The family of Montana billionaire Dennis Washington has added more shares to their holding in Seaspan Corp.
  • Investors rush to Matson
    Matson saw its market capitalisation grow by $237m today after announcing that it would take over most of rival Horizon Lines.
  • A bull, a bear, an eagle?
    The battle matched a bull and a bear. But an eagle soared above it.
  • Court OKs seized ship sale
    A Canadian judicial official has approved the sale of a handysize bulker at the centre of a legal dispute in Montreal.
  • Greek seizes MOL ship
    A Greek shipping company has secured the arrest of a Mitsui OSK Lines car carrier in South Africa.
  • Novoship loses appeal bid
    The UK Supreme Court has rejected Novoship's efforts to appeal a ruling allowing a Russian businessman to retain over $100m in profit gained from corrupt charters.
  • Bank grabs Tsangaris ship
    Credit Agricole was on Wednesday the only bidder for 27,800-dwt bulker Niki T (built 1997), the third vessel in the fleet of Greek owner Tsangaris Bros which the French lender had foreclosed on over unpaid loans.
  • Wilbur Ross talks tankers
    Billionaire investor Wilbur Ross is "more in than out" of investing in suezmax tankers.
  • GLOP signs for $450m
    US-listed GasLog Partners (GLOP) has clinched a refinancing deal worth $450m.
  • Rickmers taps bonds
    Germany's Rickmers Holdings has sold another EUR 25m ($31.16m) of its five-year bonds to finance growth.
  • Concordia sees red
    A low level upturn in the tanker market has seen Sweden's Concordia Maritime post a bigger loss in the third quarter.
  • DHT has VLCC loans in sight
    DHT Holdings is confident it will wrap up financing for its two unfunded newbuildings in the first half of next year.
  • Four more sue OW
    More fuel suppliers have gone to court in Singapore in a bid to recover cash from bankrupt Danish group OW Bunker.
  • Strong Q3 for Swissco
    The recent acquisition of Scott and English Energy has almost doubled Swissco's earnings during the third quarter.
  • Swiber posts a loss
    A significant decline in revenue has made Swiber Holdings post a loss for the third quarter of the year.
  • Bergen Bunkers halts deals
    OW Bunker's Norwegian subsidiary Bergen Bunkers will not enter into any new ship fuel contracts following the collapse of its parent.
  • Kayne slices Capital stake
    Major shipping investor Kayne Anderson has cut back its holding in Capital Product Partners.
  • Hold on to your cash
    The Charterers P&I Club has warned companies owing money to bankrupt OW Bunker not to pay any bills to other creditors without checking with its experts first.
  • Wallem wins Hoegh deal
    Wallem Ship Management has clinched a deal to manage all of Hoegh Autoliners' vessels.
  • Skagen cuts Avance stake
    Harald Espedal's Skagen has cashed in stock worth almost $30m in VLGC specialist Avance Gas.
  • Indonesia readies cash
    Indonesia is preparing a subsidy scheme for shipping in a bid to boost economic growth.
  • Eitzen in deeper deficit
    Deeper red in the third quarter bottom line has been the result of lower charter rates for Eitzen Chemical, with the company still suffering from hefty long-term debt.
  • Norden better than feared
    Difficulties in the bulker and products tanker markets sent Norden to a loss in the third quarter.
  • Subsea 7 stronger
    Oslo-listed Subsea 7 has been boosted by Brazilian operations in the third quarter.
  • Caspian yard coup
    Royal HaskoningDHV and Witteveen+Bos have won an $18m deal to design a new shipyard in Kazakhstan.
  • Mixed numbers at DESS
    Deep Sea Supply (DESS) has posted a modest decline in third quarter net income, despite a hefty rise in revenue.
  • OW: The arrests begin
    Hin Leong Trading has fired the first shot in what is expected to be a large number of vessel arrests stemming from the bankruptcy of Danish bunker supplier OW Bunkers.
  • Swissco bags rig charter
    Swissco Holdings has secured a charter worth $115m for the provision of a service rig for an unnamed oil company.
  • ADM bulker detained
    Archer Daniels Midland (ADM) has seen one of its bulkers detained in the UK for failing a port state control inspection.
  • TCC teams with K Line
    Tai Chong Cheang Group (TCC Group) is teaming up with Japan's K Line in a capesize bulker joint venture.

American Shipperweb site
NOVEMBER 12, 2014
  • Newsflash: West Coast senators ask dockworkers and employers to reach settlement
  • Port of Virginia achieves busiest box month ever
  • Airport cargo volumes up in September
  • JDA and IBM partner on omni-channel planning and fulfillment initiative
  • Revenues up 4% at DHL
  • Former Military Sealift Command contractors sail to jail
  • North American intermodal volume rises 5.1%
  • Transplace expands U.S-Mexico customs management portal
  • Luxottica implements JDA planning system globally
  • FMC reviews 14 OTI license applications

The Bunker Bulletinweb site
NOVEMBER 12, 2014
  • IMO: Draft IGF code set for approval
    MSC to meet at IMO headquarters in London next week.
  • CMA CGM to add low sulphur surcharge on trade in ECAs
    Will also apply to all cargoes being carried by its ships.
  • 'Acoustic pollution' to be legislators' next target
    'There is a strong link between fuel efficiency and noise. Quieter ships burn less fuel.'
  • SGMF publishes 'mini' introductory guide
    'For those who would like to know more about using gas as a marine fuel or intend to use gas as a fuel.'
  • ARA player owed $10 million by OW Bunker
    Efforts to secure money ongoing, including vessel arrests.
  • Insurer warns against direct settlement of OW-related debt
    Legal position of company unclear and could lead to players paying twice for the same bill.
  • Shipowners scramble to cover OW Bunker shortfall
    Singapore prices for 380 cSt material rise for the fifth consecutive trading day.
  • Russian fuel oil export tax hike on track
    Legislators approve plans despite opposition from Rosneft.
  • Maersk Line: Box trade up
    As bunker prices fall.
  • OW's Norwegian subsidiary in limbo
    Bergen Bunkers calls a halt to bunker trading.
  • Four more firms launch claims against OW Bunker
    Players predict 'wave' of court actions.
  • Singapore: Tanker chartered to OW arrested
    Dispute over ownership of bunker fuel cargo lands in court.
  • Malacca drafting bunkering, port development plans
    Minister proposes modelling infrastructure after Sweden's Gothenburg port.
  • Titan Petrochemicals move to next stage of creditors scheme
    Deadline for creditors to claim 'accepted liabilities'.
  • Report: No response from OW Bunker on lawsuit
    Police in Denmark still waiting for contact from OW Bunker.
  • Helsinki-based shipping firm to apply ECA surcharge
    Effective date will be from January 1, 2015 onwards.
  • Undeclared bunkers land shipowner in court
    Authorities seized more than 12 mt of undeclared bunkers.
  • Papua New Guinea to add new bunker player
    Singapore-based company in expansion move.

›››File
FROM THE HOME PAGE
Accidents to dock workers occur equally frequently on board ships as on land.
London
Norwegian Cruise Line Holdings reports record performance for the April-June quarter
Norwegian Cruise Line Holdings reports record performance for the April-June quarter
Miami
Bookings reached an unprecedented level
Paolo Piacenza has been appointed extraordinary commissioner of the Port Authority of the Southern Tyrrhenian and Ionian Seas.
Rome/Genoa/Gioia Tauro
DB Cargo records declines in turnover and rail freight volumes
Berlin
In the first six months of this year, shipments totaled 82.9 million tons (-10.8%)
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Trump has eliminated tariff exemptions for low-cost goods for all nations.
Washington
Goods with a value of less than $800 will also be subject to the tax.
Viking Mira was launched at Fincantieri's Ancona shipyard
Trieste
The multi-role frigate "Emilio Bianchi" was delivered to the Muggiano shipyard
The Port Authority of the Central-Northern Adriatic Sea has obtained EMAS registration
Ravenna
Certifies commitment to environmental management and sustainability
MSC Cruises reduces emissions with the support of an energy transition plan
Geneva
The 2024 Sustainability Report has been presented
DSV reports strong growth in financial and operating results thanks to the acquisition of Schenker
Hedehusene
Quarterly record in air and ocean shipment volumes
In 2024, the Fratelli Cosulich group's revenues increased by +12.8%
Genoa
Operating result down by -31.7%
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
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