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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
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
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 public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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