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01 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
June 16, 2014
Sched Netweb site
  • Carriers, shippers brace for serious bunker cost shock next year
  • War zone forwarders keep delivering through shot and shell in Iraq
  • Shandon coastal port box volume up 18.1pc to 1.08 million TEU in May
  • Pentagon climate study proves false, but lives on in alarmist policy
  • Hamburg Sud takes in 9,814-TEUer for Far East-east coast South America
  • US$60 million West Africa Shipping Line start-up gets go-ahead
  • Forwarders urge US Federal Maritime Commission to prepare for congestion
  • Greater due diligence is needed to reduce bunker fraud, disputes
  • Frankfurt's Fraport air cargo up 6.9pc to 185,626 tons in May
  • American Airlines cargo up 6.4pc year on year - 10.8pc year to date
  • Changi to pay out US$80 million for air hub growth and assistance
  • Indian government plans to set up air cargo facilities nationwide

Exim Indiaweb site
JUNE 13, 2014
  • Chairmen of Chennai, Kamarajar Ports to participate in South East India Shipping & Logistics Conclave & Awards 2014
  • Conqueror Freight Network meets in Kuala Lumpur in pursuit of mutual cooperation
  • HSBC Transport Indicator calls for better capacity management on Asia-Europe trades
  • Recent surge in VLGC freight rates unsustainable, says Drewry
  • Shipbuilding likely to get a boost from proposed subsidy
  • SRI spreads the word on priorities & challenges for seafarers' rights
  • TT Club highlights preventable accidents in ports & cargo handling facilities
  • Exports to US up 9 pc, encouraging news for Indian exporters: Fieo
  • Kamarajar Port's net increases to INR 316 cr. in 2013-14
  • Veteran trade union leader Dr Shanti Patel passes away
  • Govt to expedite rail projects to enhance coal movement
  • Odisha seeks budgetary allocation for National Waterway-5
  • AEPC seeks FTP support to boost exports
  • Forex reserves up by $ 203.2 m to $ 312.58 bn
  • GMR Infra's gross revenue grows 12 pc in Q4 FY14
  • IFS should focus on expanding trade: PM
  • IIP bounces back by 3.4 pc in April
  • INR ends sharply weak at 59.78 on heavy dollar demand
  • Union Budget likely by second week of July: Naidu
  • Aaras busy with project cargoes in Karachi port
  • RollDock expands multi-functional vessel fleet
  • Shipping pool for heavy lift vessels formed
  • World's heaviest evaporator moved in Saudi Arabia by Almajdouie Logistics

International Transport Journalweb site
  • Network Rail to upgrade Sydney's rail network
  • Wabtec completes acquisition of Fandstan
  • First cargo community system in the cloud
  • FPS opens in south of Sri Lanka
  • Creel from Ford to Schenker
  • Even more tonnage for Indian Railways
  • Hungarian Air Navigation Services overseeing Kosovo
  • Europa Worldwide bridges the gap in Nottingham
  • UPS deploying six new electric vehicles in Frankfurt
  • Unife elects new chairman
  • NYK achieves CO2 reduction goal from vessels

Marine Logweb site
JUNE 13, 2014
  • Damen delivers the first hybrid ASD 2810 tug
  • Floatel to have Wärtsilä Aquarius UV BWMS
  • Cecon still waiting for delivery of first Davie newbuild
  • Aker Philly delivers first of ExxonMobil aframax duo

World Wide Shipperweb site
JUNE 13, 2014
  • Harley Marine Services orders two new tractor tugs
  • Port of Astoria extends until July 15 executive director recruitment period
  • US rail freight traffic runs higher during week
  • Washington governor calling for increase in state spill prevention plans
  • DOT freight index finds transport numbers up for April

Lloyd's Listweb site
JUNE 13, 2014
  • Virtually challenged -Liverpool pilots prepare for increasing pressures
    Mersey tugs contend with new terminal, ACL newbuildings and dancing cruiseships
  • Swedish Club hails successful year
    Free reserves at record high
  • Ioannis Martinos launches solo shipmanagement company
    Foundation of Signal Maritime does not mean splitting the Thenamaris fleet, says owner
  • Higher world steel production to encourage more tanker scrapping
    Greater steel production will support high scrap prices, argues McQuilling
  • Oil market causes fresh headaches for tanker owners
    Situation in Iraq remains a key supply concern
  • Iraq's woes cast a long shadow over the international outlook for oil
    To lose Basrah's 2.6m bpd seaborne exports would have serious global consequences
  • A less-than-winning week for capesizes
    It's not just late football costing brokers sleep as market reverses into a steady decline
  • Rates up on Asia-South America route but capacity reduced
    But freight rates remain below the level recorded a year ago and mid-June 2012
  • Japan to ratify ballast water convention
    Other IMO member states considering ratification could push convention into force next year
  • The burden of responsibility
    As Posidonia drew star billing, Sandefjord in Norway hosted a meeting of masters
  • Reederei NSB threatens to leave German flag
    Boxship operator issues an ultimatum as it negotiates crew contracts and register conditions
  • Week on Wall Street | June 13
    Taking a ringside seat as Genco Shipping has its day in bankruptcy court
  • Passengers hurt in third incident on Hong Kong-Macau ferry route
    Shun Tak vessel hit the sea wall as it sailed into port, injuring 57
  • Western Bulk sells $31.8m claim against Pan Ocean
    Third-party deal brings a net gain of $12m for second-quarter 2014
  • Indonesia plans safe anchorages as UN study flags rising Asian piracy risk
    Protected zones aim to tackle a growing number of incidents in national waters
  • US farmers urge ILWU and PMA to address threats to west coast ports
    Agriculture Transportation Coalition says Asia manufacturing shift will reshape trades
  • DP World looks to raise $1bn for growth and acquisitions
    Proceeds will provide flexibility at a low interest rate, says bin Sulayem
  • Cybersecurity risks in the maritime sector
    Shipping lines need to take more notice of the threat of cyber criminals
  • New cargoes for tankers and gas carriers as ExxonMobil starts Angola project
    ExxonMobil expects production of 160,000 barrels per day from export start-up
  • Global Gateways: North America
    Containerisation International looks at the challenges facing North American ports
  • Data Hub: World Fleet Update - June
    Boost in capacity as more larger vessels are delivered

Sea-webweb site
JUNE 13, 2014
  • Floatel to feature Wärtsilä BWMS
    Swedish offshore floatel owner and operator Floatel International will equip its Floatel Triumph semi-submersible accommodation and construction vessel with two Wärtsilä AQUARIUS UV ballast water management systems (BWMS). Floatel Triumph will also feature Wärtsilä engine room pumps and a
  • Dynagas raises growth cash
    NASDAQ-listed Dynagas LNG Partners has priced an offering to help fund buying the Arctic Aurora LPG carrier. The transaction will be the firm's first public offering since its IPO in November 2013. On 12 June, the George Prokopiou-led partnership announced that it will offer 4.8M common units at
  • Scorpio Tankers issues profit warning
    Emanuele Lauro-led Scorpio Tankers has damped expectations for its second quarter by pre-releasing estimates of projected losses. On 12 June, the NYSE-listed product tanker company predicted adjusted losses of $0.06-$0.10/share for 2Q14. Prior to this profit warning, analysts had forecast a loss of
  • Shanhaiguan bags CS Tanker trio
    Chinese state-owned shipyard Shanhaiguan Shipbuilding has won an order for up to three Panamax crude oil tankers from China Shipping Tanker Co (CS Tanker). The Shanghai-based owner, a subsidiary of China Shipping Group, has ordered two firm 65,000dwt vessels for delivery towards the end of 2016 with
  • UK shipping fails to sell itself
    Liverpool MEP Jacqueline Foster has described as 'outrageous' the fact that a UK maritime management degree course with a hundred places available had attracted only one student. Speaking at a maritime logistics event in Liverpool on the global skills shortage, she said the shipping industry had
  • Uki-linked firm at Rauma as STX exits
    Rauma Marine Constructions (RMC), a new company linked with Uki Workboat, is to start shipbuilding and repair operations at Rauma in Finland when STX's tenancy at the yard concludes at the end of June. Although Rauma had plans for creating a marine industrial park, the shipyard had been expected to
  • SPP secures 12 Parakou MR tankers
    South Korean yard SPP Shipbuilding has won an order that could total $432M from Hong Kong-based Parakou Shipping for up to 12 medium-range (MR) products tankers. As well as four firm 50,300dwt vessels, with delivery scheduled for 2016, Parakou's order has four plus four options attached. The 12
  • Macau passenger ship collision injures 70
    A high-speed passenger ship crashed into a breakwater in Macau today, leaving about 70 injured, one of them seriously. The 1981-built Cacilhas, carrying 220 passengers and 13 crew, collided with the southern breakwater of the Outer Channel off Macau at about 09.30, according to a statement from
  • China's COSL signs new rig contract with Agility
    China Oilfield Services (COSL) on Tuesday clinched an agreement with Agility Group (AG) on the drilling package for COSL's drilling semisubmersible unit Hai Yang Shi You 982 (HYSY982). The $7.9M deal includes detailed design work on integrating the drilling package from National Oilwell Varco (NOV)
  • Customs at Port Botany uncovers drugs
    Two Taiwanese nationals have been charged with attempting to import drugs through Port Botany container terminal in Sydney, a joint Australian Customs and Federal Police taskforce announced yesterday. Australian Customs and Border Protection Service (ACBPS) uncovered 12kg of methamphetamine
  • China iron ore imports face price pressure
    China's iron ore imports may come under near-term pressure in 3Q14, with iron ore prices and Capesize rates sliding as iron ore financing comes under scrutiny, said UOB Kay Hian. Since early April, the China Banking Regulatory Commission (CBRC) has urged local authorities and banks to step up an
  • KSS Line fixes VLGC to Petredec
    South Korean LPG and chemical shipping company KSS Line has chartered a very large gas carrier (VLGC) to Singapore-based LPG trader Petredec. KSS Line, led by CEO Lee Dae Sung, said it has chartered the VLGC for three years from 1 March 2015. In a Korea Exchange filing, KSS Line said the charter
  • Maersk Line upbeat on Vietnam trade
    Maersk Line expects Vietnam's manufacturing sector to overcome the challenge of rising regional competition. The country still enjoys macroeconomic stability, with inflation on target, a steady exchange rate, and a strong export sector in surplus, according to Maersk Line Vietnam's first trade
  • NYK invests in Mexican car logistics
    NYK, Japan's second biggest shipowner, has acquired 30% of Mexican finished-car logistics company CSI (Consorcio de Servicios Internacionales SA de CV). A signing ceremony at the NYK head office in Tokyo was attended by Leon Antonio Flores Elizondo, CEO of the CSI Group, and NYK president Yasumi
  • Thailand's car exports set to grow
    Thailand's car exports are poised to grow by 6-11% this year, according to Kasikorn Research. Between 1.16M and 1.22M cars are due to ship this year, despite months of political turmoil culminating in May's military coup. In 2013, Thailand's car exports totalled 1.09M vehicles. "We believe that the
  • Steady progress for Yangzijiang yard
    Singapore-listed Yangzijiang Shipbuilding Holdings is progressing on a steady course, according to Yeo Kee Yan, an analyst from DBS Vickers Research. Yangzijiang's share price is expected to rise to a target price of SGD1.55 or $1.24, up from its current SGD1.06 per share. This forecast reflects
  • ITF calls for fair trial of Sewol crew
    The International Transport Workers' Federation (ITF) has issued a call for due legal process to be followed in the trial of the Sewol ferry's 15 crew. Crew members are being tried for involuntary manslaughter over their role in the 16 April disaster, in which an estimated 304 of 476 passengers and
  • Maersk Line: Indonesia needs better ports
    Indonesia's undeveloped port infrastructure could drag on the country's economic growth, according to a Maersk Line report on Indonesia trade. Maersk Line's president director for Indonesia, Jakob Friis Sorensen, said the nation could be held back by ports that are unsuited for container shipping.
  • NAO debuts on NYSE
    Nordic American Offshore (NAO) has begun trading on the New York Stock Exchange after pricing its IPO at the bottom of the target range. The platform supply vessel (PSV) owner priced 5,882,352 shares on 11 June at $16/share versus its stated target range of $16-$18/share. Underwriters have the
  • Heung-A Shipping orders new chemical tankers
    South Korea's Heung-A Shipping has announced on 12 June that it will order two 3,500dwt chemical tankers worth KRW28.462Bn ($28M). Heung-A Shipping will operate the tankers through a Bareboat Charter Hire Purchase (BBC-HP), a common method of ship financing in South Korea. The charter period is 12
  • Moody's changes CMHI's outlook back to stable
    Moody's Investors Service has revised the outlook on China Merchants Holdings International's Baa2 issuer rating and senior unsecured bond ratings from negative to stable. At the same time, Moody's has affirmed the Baa2 issuer rating and the Baa2 senior unsecured bond ratings, the company said in a
  • Capesize rally softens
    The rally that was seen in Capesize rates this week began softening yesterday as fewer cargoes emerged. This week, rates on the Western Australia-China route pushed up to over $8.30/tonne on Tuesday but fell to $7.91/tonne as of yesterday, according to the Baltic Exchange's assessments. The

The Journal of Commerceweb site
JUNE 13, 2014
  • Concor gearing up to clear import backlog at Nhava Sheva Port
    Container Corp. of India said it is taking steps to add more intermodal services to help clear a buildup of containers that threatens to affect operations at marine terminals in the Jawaharlal Nehru Port (Nhava Sheva), the country's largest container gateway. "We are trying to resolve the said issues in coordination...
  • Port of Long Beach's new discounts aim to recoup market share
    The Long Beach Board of Harbor Commissioners has given preliminary approval to two incentives that aim to bring additional cargo to the port, following a slip in its container traffic and market share. The incentives, which also encourage the use of air pollution-reducing power and on-dock rail, are designed to help...
  • Air cargo market posts solid performance, but faces slowdown in coming months
    The air cargo market posted solid year-on-year growth in the first quarter driven by a cyclical upturn in the global economy, but high jet fuel prices and weak yields has depressed carriers' earnings as they face a slowdown in the coming months, the International Air Transport Association said. With new aircraft...
  • Big Data's benefits touted for logistics sector
    Like other fashionable buzzwords in the past, the catchphrase "Big Data" has grabbed many headlines in recent months, even as it has left many potential users bewildered about its scope and potential benefits. Although many supply chain companies seem to believe Big Data is too big for anyone but the Fortune...
  • Charleston adds cold-storage capacity
    Three companies this month have announced investments in temperature-controlled facilities near the Port of Charleston. Lineage Logistics will break ground next month on a 340,000-square-foot cold storage distribution center in North Charleston. The operation will provide blast-freezing for poultry and other protein exports, along with facilities for imports. The North Charleston project...
  • DCLI offers chassis road service
    Direct ChassisLink Inc. plans on July 1 to launch a program to provide emergency road service to truckers using DCLI chassis that aren't in cooperative pools. The start of the new program coincides with announced per-diem rate increases for chassis leased by DCLI and competitors TRAC Intermodal and Flexi-Van. TRAC Intermodal also...
  • SCFI: Rates up to Europe while Asia-US rates continue slide
    Spot rates from Asia to Europe were up for the second straight week in the week of June 13, 2014. Full-size chart Spot rates from Asia to Europe were up for the second straight week, but carriers are still looking forward to a July general rate increase. Spot rates to northern Europe rose...
  • Hamburg hails $1 billion Kiel Canal funding, awaits Elbe river court ruling
    The port of Hamburg hailed the German government's approval of a €750 million ($1 billion) investment to upgrade the Kiel Canal, which links the North Sea to the Baltic Sea, as a major competitive boost for the country's largest container port. The Berlin government has allocated €265 million to widen the...
  • Ocean carrier rate revision roundup for June 13
    Multiple container lines have planned general rate increases in various trade routes to take effect in July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue. Despite recent improvements, global container lines' schedule reliability and on-time container delivery have been worse every month so far this...
  • US intermodal service shows signs of slipping again
    U.S. intermodal service appears to have slipped again last week, suggesting that the major railroads' rebound after a brutal winter wracked their networks and shippers' supply chains will be one of fits and starts. Average intermodal trains speeds, a barometer of overall service reliability, fell 1.1 percent in the first week...
  • EU security rules keeps industry guessing as July 1 deadline looms
    Tough screening regulations applying to air cargo being flown into the European Union will be enforced from July 1, but with just two weeks to go the industry has little idea which carriers, airports and forwarders have met the security requirements. "The challenge that we have is from the EU. We...
  • Media accused of vilifying trucking industry after fatal accident
    CHICAGO - The president and chief operating officer of Werner Enterprises, the 11th largest U.S. trucking company, today urged logistics executives to push back against what he called the mainstream media's vilification of the trucking industry following the high-profile deadly accident last weekend. Derek Leathers said the mainstream media has "butchered...
  • Nhava Sheva Port agents look to intermodal to clear backlog
    Ship agents in India's Port of Jawaharlal Nehru (Nhava Sheva) have called on state-owned rail operator Container Corp. of India to urgently provide more intermodal trains to tackle rising inventory levels at the country's largest container gateway. The move comes after the backlog of import units, destined for various inland container...

TradeWindsweb site
JUNE 13, 2014
  • Panamax prices plunge
    Asset prices in certain segments of the dry-bulk market appear to be sliding, a leading Greek sale-and-purchase broker told clients Friday.
  • US preps Syria chemicals delivery
    A Norwegian cargoship is preparing to deliver a cargo of chemical weapons precursors handed over by Syria's military to Port Arthur, Texas, according to US government documents.
  • VLGC rates on the rise
    Rates for very large gas carriers (VLGCs) are on the rise and many believe the segment will continue to gain momentum in the weeks to come.
  • PDVSA pens tug series
    A Dutch shipbuilder has lined up a contract to construct ten tugs for Petroleos de Venezuela SA (PDVSA).
  • Lighter vessel sinks
    A lighter vessel has sunk in Bangladesh after hitting a wreck.
  • Capital cashes aframax
    Greek owner Capital Ship Management appears to have done well on an investment in a vintage aframax tanker.
  • Trafigura sells trio
    Commodities group Trafigura has reportedly sold off three modern medium range (MR) products tankers at a profit to Empire Navigation of Greece.
  • Cosco in $175m order
    Chinese owner adds to growing bulker newbuilding tally with contracts for six more ships.
  • Latvian likes LPG
    Vitol-backed tanker owner Latvian Shipping would be interested in a return to the LPG vessel sector, but it is not in a position to order new ships now.
  • Glencore deal for Diana
    Diana Shipping has penned a new contract for one of its panamax bulkers with Glencore.
  • Jumbo drops one
    Dutch owner Jumbo Shipping has cancelled an order for a heavy-lift vessel at Brodosplit in Croatia.
  • SeaEnergy builds fleet
    UK-listed SeaEnergy is teaming up with a Singapore company on offshore vessel shipmanagement.
  • Seven slip away
    Goldenport Holdings has pulled the plug on a plan to purchase seven bulkers from its founding Dragis family.
  • DNB in double downgrade
    DNB Markets has downgraded both the products tanker market and its largest owner Scorpio Tankers after taking a below consensus view in the market from next year.
  • GSI eyes yard buys
    Chinese shipbuilder Guangzhou Shipyard International (GSI) is now considering taking over other yards as part of its restructuring.
  • SCI eyes LNG growth
    Indian owner in talks to expand managed gas carrier fleet to 20 ships.
  • Cargoship spills fuel
    The crew of a Vietnamese cargoship have been rescued after the vessel started sinking following a grounding off the Maldives.
  • Bugbee back for more
    Scorpio Bulkers president Robert Bugbee has topped up his stake in the New York-listed owner for the second time in a month.
  • BG takes back tanker
    KNOT Offshore Partners has persuaded BG Group to re-employ a shuttle tanker it is handing back in July.
  • Arcadia cools VL claims
    Arcadia Shipmanagement of Greece has distanced itself from claims a debut VLCC deal is being lined up.
  • NSB to quit German flag?
    Germany's NSB Reederei could shift its containerships from the domestic register as it seeks to find a way to reduce crewing costs.
  • OSG's $3.2bn bill
    US tanker owner OSG has revealed how it will spend $3.19bn of cash to exit bankruptcy.
  • STNG warns of loss
    Scorpio Tankers has braced investors for a softer than expected second quarter performance.
  • Heung-A adding duo
    South Korea's Heung-A Shipping is lining up a $28m investment on two more chemical carriers.
  • Four for Fukuoka
    Japan's Fukuoka Shipbuilding has clinched orders for a quartet of chemical tankers.
  • On the hook
    We take a look at what was said in the market over the past week.
  • Supra8 nears 50 ships
    Pool operator Navig8 is close to operating 50 ships in its Supra8 supramax pool following the addition of three more bulkers.
  • DP World prices bond
    DP World is set to raise $1bn from a senior unsecured convertible ten-year bond, the company has confirmed.
  • Epic buys LPG duo
    Epic Gas confirmed Friday that it had purchased two modern 9,500-cbm LPG carriers for an undisclosed price.
  • Indo piracy crackdown
    Indonesia is about to take the fight to piracy gangs operating in the region with a string of measures designed to combat the problem.
  • DLNG prices
    Dynagas LNG Partners of Greece is poised to pocket nearly $110m from its latest Wall Street fundraiser.

American Shipperweb site
JUNE 13, 2014
  • Shipper: Railroad ag reports still needed
  • Vilsack trip aims to boost U.S. ag exports to Europe
    The U.S. agriculture secretary will discuss the expansion of agricultural trade between the two continents, the importance of agriculture's role in the T-TIP, and benefits the trade agreement will have for both the U.S and Europe.
  • Former U.S. Customs head Ambrose dies
    Myles J. Ambrose, who served as a head of the U.S. Customs in the early 1970s and later specialized as a private practice customs and international trade attorney in Washington, died on June 3. He was 87.
  • Vancouver port starts project to ease truck congestion
    The Canadian government is giving Port Metro Vancouver CAN $3 million ($2.76 million) to implement a common data interface project at its four terminals to reduce trucker wait time.
  • Higgerson heads CBP's Laredo, Texas office
  • Massport breaks ground new terminal
  • Ag shippers to ILWU, employers: 'We are all in the same boat'
    The Agriculture Transportation Coalition has urged the ILWU and employers to "take action to keep U.S. West Coast ports (and the cargo that is dependent upon them) viable."
  • MarAd seeks applications for marine highway projects
  • NYK acquires stake in Mexican car logistics company
    The Japanese shipping company bought a 30 percent stake in the Mexican logistics company CSI Group to expand its participation in Mexico's burgeoning finished automobile trade in North America.
  • Belgian researchers developing new container tracking technology
  • 5 NY/NJ airports gain new leaders
  • Weekly GRI roundup

The Bunker Bulletinweb site
JUNE 13, 2014
  • Bunker prices largely up in Houston
    Tight avails reported by local players.
  • Weekly Global Market Report
    A weekly price roundup from bunkering hubs around the world.
  • Drive for fuel efficiency pushing younger ships to retirement
    Impending BWM convention could also impact demolition decision, says shipbroker.
  • Mass flow meters 'to increase fuel delivery capacity by 50%'
    CYE Petrol plans to add four more systems to its vessels.
  • Shipyard delivers hybrid tug
    Vessel can achieve 'average fuel savings of up to 30% and up to 40% reduction of emissions'.
  • Asian maritime agencies urged to step up anti-piracy efforts
    Fuel cargo was stolen in four of five recent piracy attacks.
  • Prices make strong gains across Europe
    Some gains in double digits, reports say.
  • Prices climb in Fujairah
    Suez sees little change.
  • Dispute over bunker consumption figures goes to police
    Norwegian shipowner at loggerheads with engine maker on issue, say press reports.
  • Bunker sales slide in Japan
    April volumes down month-on-month and year-on-year.
  • Emissions monitoring product launched with GPS link
    Product maps vessel's emissions' output against MARPOL regulations.
  • UK MGO supplier warning on demand surge
    Says refinery response to more demand for 0.10% sulphur marine fuel is likely to be limited.
  • Players stripped of bunker permits can appeal
    Malaysia says private jetty owners must justify why they should have bunker licences.
  • Sulphur breaches 'mostly the fault of the ship'
    Netherlands ready to implement EU Sulphur Directive, but will continue to show flexibility when interpreting sulphur transgressions.
  • Shipowner: ECAs will speed up LNG bunker fuel's progress
    Norwegian company also involved in Canadian LNG project.
  • Singapore bunker sales fall month-on-month
    May sales, however, are almost 3% up on the same month last year.
  • Week ends with bunker price surge across Asia
    MGO rates see double-digit growth across key hubs.
  • P&I club issues legal brief on European ECA
    Due to the implementation of directive 2012/33/EU by EU member states.
  • Bunker bill liability case goes to appeal
    Korean bunker supplier challenges lower court judgement.
  • UK refinery to go on sale
    Facility to be sold for $500-600 million.
  • Singapore: Bunkering, ship chandlers trade mixed in Q1
    Domestic trade shrinks, while foreign trade strengthens.
  • Class upgrades rules on composite materials
    Opens way to lighter vessels.
  • New Bunker Holding subsidiary to start business in Singapore
    Firm will be starting operations from July onwards, according to local sources.

›››File
FROM THE HOME PAGE
European Commission meeting to define the strategy for the development of EU ports and maritime industry
Brussels
Call for papers by July 28th
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Rome
Messina: State Aid regime needs to be redesigned for European shipyards
In the first four months of 2025, maritime container traffic between Asia and Europe grew by +4.8%
Tokyo
-6.4% drop in shipments to Asian ports. +9.0% increase in unloading volumes in Europe
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Geneva
Recovery driven by importers who brought forward purchases in view of expected tariff increases
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
The transfer of 80% of Louis-Dreyfus Armateurs' capital to InfraVia has been implemented
Suresnes/Paris
The Louis-Dreyfus family retains the remaining 20%
Port of Genoa, green light for extension of concession to Spinelli until September 30
Genoa
Ok also to the extension to the Campostano group
The National Maritime Fund has started the recognition of scholarships
Genoa
They are granted for basic training and security familiarization courses.
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
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