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24 April 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
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
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
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 conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
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
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
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
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
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