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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
LNG Ships and Taxonomy: EU Court Rejects Lack of Methane Limits
The Commission will have to set a methane emissions threshold for maritime transport criteria. The appeal by three NGOs was partially upheld.
Ports: The EU Commission calls on Italy to reject the national flag requirement for towing and mooring.
Brussels
France and Spain also received a reasoned opinion: two months to comply with the regulation on port services.
Another ship attacked in the Strait of Hormuz
Southampton/Tehran
Iran faces a shortage of basic goods, which are also imported through the Persian Gulf.
European Corridors: Italy Faces the 2030 Challenge
Brussels
National infrastructure largely compliant, but timing and funding of key projects remain uncertain
Electrification of ports and airports: the electricity grid is the new bottleneck
Brussels
Transport & Environment calls for speeding up connections and moving beyond the "first come, first served" criterion.
Boluda manages the multipurpose terminal at the Príncep d'Espanya pier in the port of Barcelona
Barcelona
The concession contract will have a duration of 16 years
The current value of Aeroporto di Genova Spa is between 14.9 and 15.9 million euros.
Genoa
PwC's assessment presented
FEPORT: EU ETS should not push transhipment out of Europe
Brussels
The terminal operators' federation calls on the ENVI commission to strengthen measures against tax evasion and to allocate part of the ETS revenues to ports.
New series of attacks on ships in the Strait of Hormuz
Southampton/Tehran/Tampa
Three tankers hit by shells. Another vessel caught fire.
Eurokai, higher revenues but lower profits
Eurokai, higher revenues but lower profits
Hamburg
Revenue up 14.4% and traffic up 8.3%, but net profit fell by 8.3% due to the lower share of Eurogate.
Genoa's boarding tax: the Regional Administrative Court rules in favor of the City Council.
Genoa
The appeal of shipowners and shipping agents was rejected
Carnival reports record revenues and profits in the June-August quarter despite a 36% increase in fuel costs.
Carnival reports record revenues and profits in the June-August quarter despite a 36% increase in fuel costs.
Miami
Customer deposits are at their highest. Prices and occupancy are expected to record next year.
Winners and losers in port connectivity: the long journey of Italian ports' ups and downs.
Winners and losers in port connectivity: the long journey of Italian ports' ups and downs.
Geneva
UNCTAD indices reveal a changing Mediterranean: Italy slips to seventh place, La Spezia, Trieste and Vado Ligure grow, while the South loses ground.
Electric trucks more affordable than diesel in six major EU markets
Brussels
According to T&E, in countries that account for 46% of European sales, electric vehicles have already become cheaper in five years. Italy, Spain, and Poland are lagging behind.
AP Moller Capital to acquire majority stake in Euroports
Copenhagen/Antwerp
R-Logitech will exit the capital, while PMV and SFPIM will remain shareholders
China, exports are growing but ports are slowing down
Beijing
In August, global foreign trade increased by +19.8%, but international goods handled by seaports decreased by -2.3%.
From Puertos del Estado to Ports of Italy: the same inspiration, an opposite outcome.
Genoa
For port reform, the government is referring to the Spanish model, but is building the exact opposite: yet another counter that the Italian corporate spirit knows how to invent so well.
Maritime ETS: Brussels opens up to hybrid and electric ferries, but Interferry demands more.
Brussels
The proposed revision strengthens the SMAP mechanism but leaves the issue of port networks and infrastructure to AFIR and FuelEU Maritime
Seafarer killed aboard bulk carrier attacked in the Strait of Hormuz
New Delhi/Southampton/Tehran
The other crew members were rescued.
Freight traffic in the ports of Genoa and Savona-Vado continues to oscillate between signs of recovery and slowdown
Genoa
In July, volumes increased in both Ligurian ports
Trasportounito offers an automatic system to adjust road haulage rates to the price of diesel.
Rome
Seafarers, five years after the Code of Conduct, the gap between policy and reality remains.
London
Shipping companies' compliance is growing, but issues remain regarding fatigue, psychological safety, complaints and recruitment fees.
Last month, ship traffic in the Suez Canal increased by +26.9%
Ismailia
In the first eight months of 2026, it was crossed by 9,602 ships (+17.4%)
Decision on crucial rail section of Scandinavian-Mediterranean Corridor in Germany postponed again
Hamburg
German port operators are calling for an acceleration of both new infrastructure and the upgrading of the existing line.
Kuehne+Nagel agrees to long-term strategic partnership with Amazon
Schindellegi
The agreement includes a call option on existing shares of the logistics group
MSC in talks to acquire German shipbuilding group Meyer Werft
New York
Currently, 80.73% of the capital is held by the German Federal Government and the State of Lower Saxony.
Trafigura creates a new shipping company dedicated to oil transport
Geneva
Initially Volare Shipping has a fleet of six VLCCs plus eight under construction
Shipowners are calling on EU member states to approve the inclusion of two Indian shipyards in the European list of ship recycling facilities.
Brussels
The new headquarters of the Italian Merchant Marine Academy has been inaugurated in Genoa.
Genoa
French ports see a balance between increases and decreases in the second quarter.
Paris
Total traffic reached 71.1 million tons (-0.2%). Containers increased by 8.1%.
The Genoa Port Master Plan, the Pra' dock, and the Multedo chemical depots are the thorniest issues in the discussions with operators and the local community.
Genoa
Crosetto: The Italian Navy will ensure the safe transit of Italian ships through the Strait of Bab el-Mandeb.
La Spezia
We have - the Minister of Defense underlined - the capabilities to protect its passage
Assiterminal: Seabed certainty and planned dredging are essential for port competitiveness.
Genoa
Mordeglia: We don't just need a simpler rule, we need a predictable one.
Germany is reforming VAT to make its ports more competitive.
Hamburg
The Conference of Finance Ministers approves the compensation model that should eliminate the pre-financing of the tax from 2030
Saudi Arabia denounces that the Houthis are pursuing a policy aimed at "strangling the Straits", holding the international community hostage
New York
The UN Security Council is divided between condemnations and calls for negotiations.
WTO: A reform of the trading system could increase global GDP by 3% by 2050
Geneva
The World Trade Report 2026 warns of the costs of fragmentation: up to 7% less global GDP in a world dominated by free trade agreements
One in ten containers is not up to standard
Washington
WSC publishes 2025 inspection data: out of 93,079 units inspected in seven countries, 9,645 had deficiencies
The World Shipping Council (WSC), the international association representing the world's leading container shipowners, has urged member states...
Maersk and Hapag-Lloyd to bring back four services on the Suez Canal route
Copenhagen/Hamburg
The lines connect Asia with Europe/Mediterranean
Neri and Nova Marine Carriers Groups to Control Calata Orlando Terminal
Lugano
The Livorno terminal will be the subject of a significant investment
Cavotec and EVIAS sign agreement for charging electric port vehicles on the move.
Stockholm
The Swedish company becomes the exclusive distributor and installer for the port sector of the French company's technologies
Hapag-Lloyd signs agreement with DP World to secure terminal capacity in Africa
Hamburg
The agreement concerns the ports of Dakar, Luanda, Dar es Salaam, Banana and Maputo
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
Filt Cgil, recognize maritime and port work as arduous
Rome
The union is calling for a clear provision to be included in the next budget law.
Tanker attacked in Hormuz
Southampton
The unit continued its navigation regularly
FS Logistix and Interporto Bologna presented the first Italian experimental DAC train
Assologistica event to discuss the Mediterranean strategy for Italian competitiveness
Rome
It will be held next October 30th in Naples
Sanilog launches a special cancer prevention campaign.
Rome
Three new areas dedicated to the prevention of head and neck and oral cavity cancers and the assessment of vascular risk
Contract awarded for dredging and completion of the electrification of the docks at the port of Gioia Tauro.
Gioia Tauro
They will be carried out respectively by Dravo and RTI Saet-Suardi
Student Naval Architect Award Awarded in Genoa
Genoa
The d'Amico Group and the Royal Institution of Naval Architects recognize excellence in naval engineering.
Freight transport is more expensive for Malta: €35 million per year between ETS, FuelEU and BAF
Zebbug
The hauliers' association calls on the government to challenge a European policy designed for the continent.
CMA CGM has finalized the acquisition of FedEx Supply Chain.
Marseille/Atlanta
With the transaction, CEVA Logistics' presence in North America has tripled.
Contships to order 10 feeder vessels with options for a further 10+10
Athens
Letter of intent with China's Hubei Guangji Green Energy Shipbuilding Group Co.
DP World signs agreement to develop deepwater port in Nigeria's Ogun State.
Dubai
The project includes approximately four kilometers of docks
New port regulations for Civitavecchia, Fiumicino, and Gaeta have been approved.
Civitavecchia
The procedural agreement with Interminal in Gaeta has been approved.
Kotug Acquires Majority Stake in Vortex Offshore
Rotterdam
The Dubai-based company provides maritime services to the offshore industry in the Middle East.
Over €1.9 billion in Spain to improve road and rail connections between ports
Madrid
Port authorities will contribute 875.1 million euros
Attica Holdings sold the ro-pax vessel Levka Ori for €8.3 million.
Kallithea
The ferry was built in 1987
DFDS's Trieste-Damietta ro-ro service will become bi-weekly in mid-October
Copenhagen
Inserting a second vessel into the route
The Italian Merchant Marine Academy increases cooperation with the Port of Durres.
Genoa
A memorandum of understanding has been signed
A volume on the history of the Tuscan port system will be presented in Livorno on Friday.
Livorno
A comparison of the key players in the port sector: from the reforms of the 1990s to the challenges of the future.
Suardiaz takes delivery of a 5,000-car LNG-powered car carrier
Madrid
A second PCTC vessel is expected in mid-2027
Hapag-Lloyd raises its 2026 outlook further
Hamburg
Strong demand and rising spot freight rates are pushing the company to significantly increase its EBITDA and EBIT forecasts.
UNIPORT's public meeting will be held in Rome on October 6th.
Rome
Debate on port reform and other relevant aspects of the sector
Pilot project for the production and use of green hydrogen at the port of Savona
Savona
Paroli (Western Ligurian Port Authority): a port area has been identified for work.
Tarros and Nurminen Logistics launch new Scandinavian-Mediterranean intermodal service
La Spezia/Helsinki
The land route connects Örebro, Parma and La Spezia
The first caisson of the breakwater protecting the regasification plant off the coast of Ravenna has been laid.
Ravenna
The maritime work will be approximately 900 metres long
Fincantieri and PT PAL sign agreement for the modernization of an Indonesian Navy vessel
Trieste
This is the "Kri Sriwijaya" unit (formerly "Giuseppe Garibaldi")
In Italy, the blue economy is worth 225 billion, and the nautical industry alone exceeds 10 billion in exports.
Rome
SACE's Focus On presented at the Genoa Boat Show
Fire aboard the Blue Star Ferries ro-ro vessel Blue Carrier 2
Kallithea
The 29 people on board were evacuated
Costs and timescales for the reconstruction of the four US Navy shipyards are rising exponentially.
Washington
If in 2018 21 billion dollars and 20 years of work were expected, today the estimate is 200 billion and at least 50 years.
Shipping faces its triple challenge: decarbonization, geopolitics, and the new geography of the automotive industry.
Chaff
At the Euromed Convention in Grimaldi, the sector is dealing with new environmental regulations, increasingly exposed routes and the shift of automotive production towards Southeast Asia.
Orizzonte Sistemi Navali signs a €3.7 billion contract for two destroyers
Trieste
The "Domenico Millelire" PPA has been delivered to the Navy.
Livorno: The Supreme Court of Cassation overturns the convictions in the Darsena Toscana docks affair.
Rome
The appeal ruling overturned the court's acquittal and convicted three defendants of ideological forgery.
The Port of Rijeka expects to close 2026 with a record container traffic of 800,000 TEUs.
River
With the new terminal on the island of Krk, traffic could rise to 1.7 million TEUs
Offshore wind energy funding: Pichetto reassures Taranto, but Taranto demands certainty.
Taranto
The 2026 funding for the Apulian port drops to €13.9 million. Gugliotti hopes for a formal confirmation of the remaining resources in 2027.
Port reform: The majority pushes ahead with Porti d'Italia SpA
Rome
The Chamber's Transport Committee rejects the opposition's suppressive amendments.
Gela's Porto Rifugio has received a favorable opinion for dredging the port's waters.
Palermo
Greenbrier Europe to produce NIK transshipment system for TX Logistik
Troisdorf/Berlin
Allows rapid loading of non-craneable semi-trailers onto trains
Maersk opens its own logistics center in the heart of Germany
Herleshausen
Located in Herleshausen, it has a surface area of 71,800 square meters
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
South Korea's HJ Shipbuilding & Construction Co. wins orders for four new 10,100 TEU containerships
Busan
The contract has a total value of approximately 500 million dollars.
Democratic Party: The government's port reform paves the way for privatization of Italian ports.
Rome
Ghio and Misiani: it also takes resources and skills away from the territories
Port self-production: The Council of State denies the segmentability of the authorization pursuant to Article 16, paragraph 3.
Rome
Cartour's "partial" authorization in the port of Salerno has been suspended.
Port of Miami closes fiscal 2026 with record cruise traffic
Miami
The threshold of ten million passengers has been exceeded, compared to 8.56 million in the previous financial year.
The Grimaldi Group has taken delivery of the new pure car and truck carrier Grande Egitto.
Naples
Its load capacity reaches 9,800 ceu
Port reform will be discussed in Genoa on October 2nd.
Genoa
Workshop organized by the AdSP and the Altero Matteoli association
Fratelli Cosulich strengthens its logistics network with the opening of Express Global Dubai
Dubai
Teresa Cosulich will be responsible for the new logistics office.
"A Sea of Switzerland" will be held in Lugano on October 9th
Lugano
Ninth edition of the International Forum on Transport and Infrastructure
Brullo Group orders three 40,800-ton deadweight oil/chemical tanker vessels
Rome
Order to the Chinese shipyard Anhui Shipyard
New attack on a ship in the Strait of Hormuz
Southampton
A bullet caused minor injuries to two crew members
A new megayacht production, maintenance, and storage hub opens in Trieste.
Trieste
Trieste Shipyards was founded by Seadock (Samer group) and Yachting Expertise and is owned by Friulia
Confitarma applauds the government's initiative to protect Italian ships in the Red Sea.
Rome
Zanetti: Maritime security is, in effect, a component of national economic security
Unions approve the platform for the single collective bargaining agreement for the shipping industry.
Rome
Filt, Fit and Uilt, is structured around three central elements such as salary, protection, participation and thirteen concrete requests
FHP Intermodal is increasing the frequency of its freight rail service between Fiorenzuola and Incoronata/Bari.
Milan
It goes up to five days a week
This year over 2,000 large yachts operated along the Italian coasts
Rome
Plus 10% for owned boats and a substantially stable trend for chartered ones
The event "Cyber-resilience in the maritime sector: defense, regulations, and European cooperation" will be held in Rome on Tuesday.
Rome
It is organized by Var Group and Confitarma
Smeup, with the acquisition of HTG, expands its portfolio in the logistics and transport sector
Erbusco
The Turin-based company specializes in the development of proprietary software
Saudi Arabian ports: Liquid bulk throughput to decline sharply in 2025
Riyadh
Total traffic fell to 298.3 million tonnes (-10.9%)
A delegation from the Lithuanian port of Klaipeda visited the port of Livorno
Livorno
In-depth comparison of their respective infrastructure development plans
New OOCL service between the Western Mediterranean and Canada
Hong Kong
Collaboration with Ocean Alliance companies and other carriers
The port's future is at the center of the event celebrating the 80th anniversary of Assosped Venezia and Asamar Veneto.
Venice
A conference on Friday will be the highlight of the festival
Increase in port workers at the ports of Monfalcone and Milazzo
Rome
Green light from the General Directorate for Ports, Logistics and Intermodality of the Ministry of the Interior.
Cargo traffic in Greek ports is sharply declining
Piraeus
Stagnation in passenger numbers
Mercitalia Shunting & Terminal has purchased eight Eurolight Dual bimodal locomotives
Rome
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
Assologistica event to discuss the Mediterranean strategy for Italian competitiveness
Rome
It will be held next October 30th in Naples
UNIPORT's public meeting will be held in Rome on October 6th.
Rome
Debate on port reform and other relevant aspects of the sector
››› Meetings File
PRESS REVIEW
Cosco Shipping arm readies China IPO to capitalise on global shipbuilding wave
(South China Morning Post)
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Container traffic in the port of Hong Kong grew by 22.1% last month.
Hong Kong
Total for the first eight months of 2026 unchanged
AGV Expo, a new European trade fair dedicated to self-guided vehicles, will be held in Piacenza next month.
Genoa
The event will also host a rich program of conferences
Massive transnational fraud discovered in the road haulage sector
Chieti
Illegal employment of non-EU workers
Cargo traffic at the port of Singapore decreased by -4.9% in August
Singapore
In the first eight months of 2026, the port handled 30.7 million containers (+4.2%)
Cochin Shipyard and Drydocks World to jointly develop new international ship repair center in Cochin
Mumbai
An Iranian merchant ship was hit in the Strait of Hormuz
Tehran/Southampton
One sailor died and four other crew members were injured.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
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