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30 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
June 17, 2014
Sched Netweb site
  • Hong Kong up 4.5pc in May to 1.94 million TEU, Singapore up 4.1pc
  • Drewry: Expensive Hong Kong loses more boxes to cheaper Shenzhen
  • MOL to hike export-import Far East-Japan rate US$50/TEU twice in July
  • Brazilian dock strike called off after government agrees to talks
  • Pirates hijack tanker off Sarawak, siphon off diesel, then sail away
  • Indonesia starts anti-piracy scheme with heavily patrolled anchorages
  • Capacity slash strengthens freight rates on Asia-South America trades
  • Sarjak Container Lines awarded by India's transport and logistics sector
  • Box Ships stock downgraded by Barclays from equal to underweight
  • Canada talks of shunning US 'bully' and going bilateral with Japan
  • NYK buys 30pc of Mexican car logistics firm during auto export boom
  • Royal Bank of Scotland auctions off Zim's US$62 million debt
  • Engineering and manufacturing supply chains lag behind others: DHL
  • New UPS chief plans expansion in emerging markets and healthcare
  • Cargo pilots rest rules less stringent as fewer flights flown: FedEx
  • India's e-commerce stymied by poor infrastructure, graft, red tape

Exim Indiaweb site
JUNE 16, 2014
  • CSCL in Baltic feeder market
  • DNV GL celebrates a double milestone
  • DP World's $ 1 bn convertible bond offering
  • Gail (I) may get Presidential directive to amend LNG transport tender
  • Looming seafarer shortage seen challenging carrier profitability
  • LSPL delivers 20 columns & reactors of L&T Hydrocarbon to Reliance J3 site
  • NYK Group acquires 30 pc ownership of Mexican car logistics firm
  • Port of Antwerp goes African with first "Club Afric"
  • Value of auto exports increases by 25 pc
  • Govt may relax cabotage norms at Major Ports
  • Vizhinjam may be developed through viability gap funding
  • GMR Infrastructure speeding on Rlys
  • Govt may give export sops to textile industry
  • Proposed National Chemicals Policy to boost exports
  • Record cotton crop in 2013-14 with smart rise in yield
  • Remove export duty on iron ore & pellets, miners urge Centre

International Transport Journalweb site
  • Turkmenistan to implement railway communication project
  • RCA continuing to haul timber
  • Moldova approves pilot green lanes for AEOs and TIR-EPDs
  • Ukraine closing ports in Crimea
  • Intradco set for global expansion in animal transport...
  • Massive increase in freight traffic forecast
  • Fresh blood for London Offshore Consultants
  • La Spezia: Speter and LSC merge
  • Cooperation at Athens international airport
  • A silver anniversary for Gonzales
  • Another two new African Waco System members
  • Dunkirk inaugurates eco-landscape belt

Marine Logweb site
JUNE 16, 2014
  • NASSCO books another Jones Act tanker order
  • Tanker escort rule finalized for Prince William Sound
  • Patti Marine delivers Z-drive tug to Signet Maritime
  • Tests confirm fuel savings with ABB Onboard DC Grid

World Wide Shipperweb site
JUNE 16, 2014
  • Port of Portland begins process for Troutdale Airport master plan
  • APL earns Coast Guard award for maritime security excellence
  • NYK buys 30 percent ownership of Mexican car logistics company
  • Maritime Administration calling for marine highway project applications
  • Diana Shipping Oks charter for Panamax dry bulk vessel

Lloyd's Listweb site
JUNE 16, 2014
  • Star-Oceanbulk merger puts consolidation back on the agenda
    Deal sparks expectations of more M&A to come as IPO opportunities cool
  • Maersk Tankers cements its product tanker focus
    Broker reports of Eastern Force purchase underscore the carrier's shift away from crude
  • Star Bulk to merge with Oceanbulk's dry bulk fleet
    Oaktree will control 61% of $1bn Nasdaq-listed company with Petros Pappas as chief executive
  • Borealis buys three chemical tankers
    VesselsValue estimates the ships' prices at $9.7m and $7m
  • China Cosco invests $176m in six panamax bulkers
    Vessels will be built at two Chinese shipyards
  • Fortescue orders four very large ore carriers for $275m
    Australian miner says owning VLOCs will reduce freight costs
  • Hyundai Merchant Marine aims to raise $112m from share placement
    Struggling South Korean giant plans two $56m offerings to a Hong Kong fund
  • Modi government takes initial steps to explore easing of cabotage rules
    New government is expected to favour relaxing coastal shipping restrictions
  • Goldenport ponders its seven-bulker purchase plan
    Pricing sentiment persuaded the company to postpone its share placement, says Dragnis
  • Product tankers named in recent Ardmore-Daiichi Chuo deal
    Atlantic Innovator and Pacific Innovator were the ships sold
  • Nobu Su tanker sell-off under way
    Arrested VLCC Fortune Elephant sells for just shy of $80m
  • Fincantieri launches its initial public offering
    Italy plans to sell a 38% stake in state-owned shipbuilder
  • Beijing seeks to transform Chinese ports as throughput growth slows
    Real impact of initiative to enhance terminal services still doubtful without concrete measures
  • Torm gets covenant waiver from lenders
    Reprieve is significant as some of Torm's debt has been sold to new creditors this year
  • Finland gets tough on SOx cheats
    Helsinki will confiscate cheating owners' gains and plans other fines and sanctions
  • Long Beach offers discounts to attract more container cargo
    California's two box giants get competitive to tackle rival ports beyond San Pedro Bay
  • Box carriers plan July Asia-Europe price push as services pick up
    Shanghai-northern Europe freight rates rise $19 in a week to $1,202 per teu
  • Maritime authorities halt pirate attack near Malaysia
    Robbers escape with siphoned fuel before joint operation arrives
  • View From The Bridge: Andrew Abbott
    A story of stability against a turbulent backdrop
  • Global Gateways: Africa
    Containerisation International looks at the challenges facing ports in Africa

Sea-webweb site
JUNE 16, 2014
  • Pappas consolidates bulker holdings
    Star Bulk has announced an agreement to purchase Oceanbulk Shipping and Oceanbulk Carriers, creating one of the largest drybulk owners in the US public market. NASDAQ-listed Star Bulk was founded by Greece's Petros Pappas, who controls the Oceanbulk companies along with private-equity firm Oaktree.
  • Europe shortsea freights under pressure
    A general lack of grain, minerals, and scrap cargoes in the North and Baltic Sea ports has sent shortsea freight rates in Europe on a downward slope. Time charter equivalent earnings for mini bulkers and small general cargo vessels on typical round voyages in North Europe have slumped to their
  • Damen Shipyards secures 10 ASD tug order
    Damen Shipyards group has secured a 10 vessel order from the Venezuelan State-owned oil company. The contract is for 10 ASD 2810 Azimuthing Stern Drive tugs ordered by Petroleos de Venezuela SA (PDVSA). Delivery of these tugs is due in the next few months, since all units are being supplied from
  • UK MPs call for emissions rethink
    MPs in UK constituencies where shipping is a key industry, are calling for amendments to stricter sulphur emission rules due to be introduced next January. Transport consultants say the increase in the price of diesel could close ferry routes and result in job losses. Karl Turner, MP for Hull East,
  • Costa Concordia removal decision delayed
    The Italian government has officially put back its decision on the removal and dismantling of the wreck of Costa Concordia to 26 June. A decision was due today, but the Italian cabinet has accepted a recommendation from Franco Gabrielli, commissioner for the Concordia emergency, to postpone the
  • DS Torm, lenders agree on covenant waiver
    DS Torm, the listed Danish product tanker and dry bulk shipping company, said it has reached an agreement with its lenders to waive certain covenants. The company said in a statement it has obtained the expected covenant waiver from its lenders, which means that the company will not need to test
  • Fincantieri shares on sale
    Shares in state-owned Italian shipbuilder Fincantieri went on sale on Monday after the company obtained the approval of Italian stock exchange regulator CONSOB last week for the offering, that values it at between €1.57Bn and €1.84Bn ($2.1Bn to $2.5Bn). The IPO, which Fincantieri hopes
  • Fortescue seals $275M ship contract
    Australian miner Fortescue today announced it was extending its supply chain into shipping, after sealing a $275M contract with a Chinese shipyard for the construction of four very large ore carriers. The miner said the fleet of 260,000dwt class vessels to be delivered in 2016-17 would both reduce
  • CMHI raises $2Bn to repay debt
    China Merchants Holdings (International) has raised HK$15.3Bn ($2.0Bn) by issuing convertible securities on the Hong Kong Stock Exchange. About 55% of the net proceeds from the issuance will be used to repay debts, including notes and bank loans, a stock filing of the company said today. About 40%
  • More piracy incidents reported in SEA in May
    More incidents of sea robbery were reported in Southeast Asia in May than in the same month last year, according to regional anti-piracy body ReCAAP ISC. Thirteen actual incidents were reported last month, compared to just four in May 2013. Five petty thefts were reported in the Straits of Malacca
  • HMM raises $111M from foreign investment
    Hyundai Merchant Marine said today it would raise KRW114Bn ($111M) from a foreign investor. HMM, South Korea's second biggest shipping company, has been actively raising funds to pay off massive debts. It said in a press statement that it has inked a memorandum of understanding with Hong Kong-based
  • Monsoon erodes Indian shipbreaking market
    The positivity seen in the Indian ship recycling market was eroded last week as the South Asian monsoon season beckoned. Prices in India have stayed at $455/lt ldt for bulkers and $485/lt ldt for tankers, a drop of $20/lt ldt from last month when Narendra Modi's election win injected bullishness
  • Victim's mother sues state, Sewol owner
    A woman who lost her son in the Sewol ferry sinking is suing the South Korean government and ferry owner Chonghaejin Marine. The boy was a student of Danwon High School, of which many of the Sewol victims were from. Of the Sewol's 476 passengers and crew, 304 are presumed dead in the 16 April
  • Japan's coal burn snaps 16-month growth string
    Japanese power utilities' coal consumption dipped in May, breaking a 16-month string of year-on-year uplift, according to figures from the Federation of Electric Power Companies. The utilities consumed 4.04M tonnes in May, down 2.2% y/y from 4.13M tonnes, and also 4.2% lower than 4.31M tonnes
  • China grain imports up 86% in first four months
    China has imported 6.66M tonnes of staple food grains from January to April 2014, an increase of 86% year-on-year (y/y), according to data released by Agriculture Ministry's Agricultural Trade Promotion Center.. The trade deficit of China's grain trade in the first four months hit $21.24Bn, up by
  • Strike hits Australia's Wheatstone
    A 24-hour stoppage, affecting Tidewater offshore support vessels in Western Australia will affect Chevron's Wheatstone LNG project off Onslow in the Pilbara region. Today's strike took affect at 4am local time when around 100 cooks, stewards and seafarers refused to crew Tidewater vessels. The
  • Thai junta to invest in three new ports
    Thailand's military rulers are set to invest in three new ports, a senior government official has confirmed to IHS Maritime. The ports, Pak Bara, on the Andaman Coast, and Songkhla 2 and Chumphon on the Gulf of Thailand are "not very big", Chula Sukmanop, director-general of the Office of Transport
  • Singapore company charged with aiding North Korea weapons smuggling
    A Singapore-based shipping company has been charged with helping to finance the shipment of North Korean weapons of mass destruction to Cuba. Chinpo Shipping Company faces one charge of transferring $72,000 on 8 July 2013 from its Bank of China account to C B Fenton & Co, a shipping agent in the

The Journal of Commerceweb site
JUNE 16, 2014
  • New York port's PNCT moves into 'path of growth'
    When Jim Pelliccio looks around Port Newark Container Terminal, he sees something other terminals may crave - land to expand. "We're the only terminal in the port that has land for expansion," said Pelliccio, chief executive at PNCT. The terminal handles one-fifth of the Port of New York and New Jersey's...
  • The ocean shipping evolution: Key priorities for ocean transport logistics
    Recently, my company, INTTRA, hosted a two-day summit that brought together CIOs and sea freight and e-commerce thought leaders from the world's largest ocean carriers and global shippers. Together, we took a hard look at obstacles in our industry's business processes - and at what it will take to bridge...
  • Strong growth in Port of Virginia's container traffic
    The Port of Virginia handled 204,232 TEUs in May, up 6.7 percent year-over-year. Full-size chart The Port of Virginia handled204,232 TEUs in May, up 6.7 percent year-over-year, marking the third-best month in the port's history for container traffic. The month's growth was led by imports, excluding empties, which improved 8.9 percent compared with...
  • Growing officer shortage to hurt ocean carriers' earnings
    A shortage of seafarers in the officer corps is expected to worsen, threatening carriers' bottom lines, according to Drewry's recently published Manning 2014 Annual Report. Drewry said shipowners and managers need experienced mariners, but do not have the resources to fund substantial rises in wages because of weak freight rates caused...
  • Acquisitions should target more than just additional customers, 3PLs told
    The average logistics merger or acquisition deal was $44 million in 2013, compared with $125 million in 2012. Full-size charts CHICAGO - Third-party logistics providers looking to acquire other firms should focus on what capabilities the deal will bring, rather than just gaining customers inorganically. Gaining new customers via acquisitions isn't necessarily a...
  • Chicago inland port shippers get temporary relief from truck ban
    Starting tomorrow, truck drivers serving a major intermodal complex in the Chicago area will be able to again use a shortcut after a judge temporarily repealed a local ban on truck traffic on the route. U.S. Northern District of Illinois Judge Gary Feinerman on June 16 issued a temporary restraining order...
  • Container carriers profiting from intra-Asia trade
    Cheaper ship charter rates and growth in cargo volumes are bringing gains to the bottom lines of ocean carriers operating in services between Asian countries, Drewry says. A report released by Drewry said many deep-sea carriers are losing money by the millions on international routes, while regional routes tend to return...
  • AGRO targets reefer expansion
    AGRO Merchants Group has been building its portfolio of temperature-controlled warehouse and distribution facilities at nine U.S. and European locations, and CEO Neal Rider says there's more to come. "We hope that by this time next year we will have at least twice the footprint we have today," Rider said. "We...
  • Senate Democrats aim for tougher US truck safety rules
    The furor over the truck crash with a limousine van that killed James McNair and injured comedian Tracy Morgan is spurring demand for tougher truck safety regulation, including stricter hours of service rules for truck drivers. Sen. Charles Schumer, D-N.Y., wants federal regulators to require trucking companies to put electronic logging devices...
  • Rotterdam-Bavaria intermodal link seeing heavy use
    Additional intermodal capacity that was added between the port of Rotterdam and Bavaria has been well received and is helping alleviate a capacity shortage. It's been two months since European Gateway Services and TX Logistik AG launched a fourth round-trip train to transport cargo linking Rotterdam to both Munich and Nuremberg....
  • French rail strike snarls freight traffic
    Rail freight traffic is being seriously disrupted across France and to and from the nation's seaports as a strike by rail workers entered its sixth day with no sign of a settlement in sight. SNCF, the state-owned rail operator, asked its customers to postpone shipments scheduled for this week until further...
  • Rickmers-Linie (America) names new president, CEO
    Rickmers-Linie has named Waldemar "Val" Poulsen as president and CEO of Houston-based Rickmers-Linie (America), effective July 1. Robert Sappio, who has been leading Rickmers-Linie (America) since September 2012, will step down as president and CEO on the same date. He will remain connected to Rickmers-Linie as a board member of Rickmers-Linie...
  • PSA's Tuticorin Terminal restricts imports as truck delays intensify
    PSA Sical Terminals' management at India's Port of Tuticorin (now known as V.O. Chidambaranar) has issued a trade notice placing temporary restrictions on import cargo handling as congestion at the piers has reached a critical level. "As an interim measure to ease congestion, we are reducing import volume by 50 percent...

TradeWindsweb site
JUNE 16, 2014
  • Borealis tied to buy
    Borealis Maritime of the UK has emerged as the buyer of three chemical carriers controlled by Greek operator Pan Regional.
  • Ion takes OceanGeo cake
    Seismic vessel operator OceanGeo is now wholly owned by US-based Ion Geophysical.
  • APT inks order
    General Dynamics NASSCO has secured a contract to construct another medium-range product tanker for American Petroleum Tankers (APT).
  • OSG's April loss shrinks
    Overseas Shipholding (OSG) has reported a nearly $6.25m loss in April, bringing its total losses to $959m since the tanker owner entered Chapter 11 bankruptcy protection in November 2012.
  • NNA firms fixture
    Navios Maritime Acquisition (Navios Acquisition) of Greece has secured employment for one the newest additions to its fleet of tankers.
  • Star shines on merger
    Star Bulk shares ran hot this morning as investors reacted positively to a merger with Oceanbulk which will see Oaktree Capital become the largest shareholder in the company.
  • Another year for Dof
    Norway's Dof has been awarded a one- year contract extension for a support ship in Brazil.
  • No warning
    A careless crewman was crushed to death on a Gearbulk cargoship in Australia after crane alert devices failed.
  • Star sets new model
    Today's merger between public Star Bulk and private OceanBulk could well be a template for others in private equity looking to exit their investments in shipping.
  • Cosco deepens ties
    Chinese owner Cosco has agreed to cooperate on tanker shipping with another state giant.
  • New $1bn Star is born
    Petros Pappas and Oaktree Capital are creating the largest dry cargo company in the US capital markets via the merger of Nasdaq quoted Star Bulk and IPO hopeful Oceanbulk.
  • Cecon still waiting
    Norway's Cecon has had to extend debt financing again as it awaits delivery of a delayed newbuilding in Canada.
  • Platou projects VLGC crash
    RS Platou Markets has downgraded shares in three of the world's four largest VLGC owners amid concerns shipping's runaway train will soon come crashing to a halt.
  • Greek owner guilty
    Seventeen years after the loss of the bulker Albion Two off France, Greek owner Panagiotis Lemos has been given a suspended sentence of 15 years.
  • FMG books VLOC quartet
    Fortescue Metals Group has made a major shipowning move and splashed out $275m on a series of four VLOCs in China.
  • New investor for HMM
    Loss-making Hyundai Merchant Marine (HMM) is aiming to raise KRW 114bn ($112m) through a share issue as it welcomes a new investor on board.
  • Duo win Isacson award
    Two students from Singapore and Sweden are the inaugural recipients of the Claes Isacson Scholarship set up in memory of the chief executive of the Gard insurance group who died last year.
  • Fredriksen ups Flex ante
    John Fredriksen has invested a further $12m to build a dominant position in LNG owner Flex.
  • Solstad sells Supporter
    Norway's Solstad Offshore has offloaded a 2005-built anchor-handler for a cash gain of NOK 40m ($6.66m).
  • Arctic backs LPG duo
    Arctic Securities has placed buy ratings on two Oslo-traded VLGC owners that are expected to cash in while the sun shines in the sector.
  • Torm in debt deal
    Torm has struck a waiver with hedge funds and banks controlling debt of $1.6bn.
  • Subsea 7 builds backlog
    Oslo-listed Subsea 7 has won an installation contract in the Gulf of Mexico worth more than $50m.
  • Wartsila teams with RCCL
    Wartsila has secured a second major engine maintenance and technical support agreement this time with a major cruise line.
  • Wuchang inks LNG vessels
    Wuchang Shipbuilding is building up to 13 LNG bunkering barges for the Chinese market.
  • Fincantieri launches IPO
    Italian state-owned shipbuilder Fincantieri launched an IPO on Monday that values it at up to EUR 1.84bn ($2.5bn).
  • Fleet growth boosts Epic
    Epic Gas has reported a 24% increase in first quarter revenue in its first set of results since listing in Oslo in February.
  • Trafigura profit up 24%
    Trafigura has seen its interim profit surge by 24% on the back of strong volume growth and healthy trading margins.
  • Tanker attack foiled
    A daring raid on a small tanker off southern Malaysia was thwarted in the early hours of Sunday morning.

American Shipperweb site
JUNE 16, 2014
  • Study urges 'bold standards' on truck fuel economy
  • OOIDA: Make driver training a priority
    According to the group's executive vice president, Todd Spencer, regulators need to focus on rules regarding real-life training for truckers instead of burdensome regulations.
  • Long Beach board considers new cargo incentives
    The Long Beach Board of Harbor Commissioners on Friday gave pre-approval to two new incentives that officials hope will bring extra cargo to the port and increase the use of shore power and on-dock rail.
  • Drewry: Intra-Asia trade attracting carriers
  • Port of Virginia reports profitable May
    In May, cargo volume grew 6.7 percent, or 12,865 TEU, year-over-year. There was also growth in breakbulk tonnage (25.6 percent); rail containers (4.8 percent); barge containers (13.2 percent); and Virginia Inland Port containers (22.8 percent).
  • Trucking firms turning to new pay methods
  • Deloitte/Llamasoft partner on risk management strategic solutions
  • DP World raised $1 billion for growth
  • Report: Hyundai Merchant Marine issues stock to raise funds
    HMM, Korea's second largest carrier after Hanjin, will sell 6.81 million convertible preferred shares worth 57 billion won to Market Vantage Ltd. and make a similar sale to Market Vantage in the second half of the year.
  • United to increase Latin American services
  • Executive moves

The Bunker Bulletinweb site
JUNE 16, 2014
  • ICS: Industry 'still not ready' for sulphur, BWM legislations
    'Time is rapidly running out', says ICS secretary general.
  • Ferry operator supports campaign to reduce shipping emissions
    Has been using 0.10% low-sulphur MGO for the past 18 years.
  • Shipyard bags order for another LNG-conversion-ready carrier
    Eco features include ballast water treatment system and an optimised hull.
  • Bunker prices start week soft
    Rotterdam's bunker market was reported to be quiet, sources said.
  • Singapore: Fuel oil arrivals heading for two-month low
    Weak Chinese demand a factor, traders say.
  • Bunker prices soften in Fujairah
    Sharp falls in Suez.
  • Container sector 'set to improve'
    Better management of bunker costs a key factor, says Evergreeen vice-president.
  • Marine lubes: Castrol to handle BP's product
    Move brings customers 'greater simplicity and efficiency'.
  • UK politicians to debate ECA impact this week
    Key element in Chamber of Shipping's sulphur regulation action plan.
  • Ferry operator calls for handout to help meet ECA costs
    'Traditionally, you would expect companies to be helped with the cost of meeting these targets,' says DFDS vice president.
  • Indian courts move against bunker pollution
    Bunker transfer entries of particular interest.
  • Technology group claims fuel savings of more than 25%
    ABB says results from independent tests 'exceeded our expectations'.
  • DFDS ship sets new record for lower fuel use
    Vessel used 23% less fuel than average between Estonia and Sweden.
  • Finland will get tough on ECA cheats
    Multi-agency approach to be used.
  • Asian IFO market fairly stable
    But direction unclear for MGO rates.
  • Pirates board MGO bunker tanker
    Singapore-based firm loses part of cargo to pirates after attack in South China Sea.
  • LNG bunker barges to join Chinese domestic fleet
    Company plans to buy at least 10 more bunker ships this year.
  • Methanol producer eyes bunker market
    Company developing technology around alternative to bunker fuel.

›››File
FROM THE HOME PAGE
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the first half of 2025, container traffic in the port of Gioia Tauro grew by +10.5%
Joy Taurus
2,186,211 TEUs were handled
A bulk carrier was attacked in the Red Sea
Portsmouth
The crew abandoned the ship which began to take on water
German government allocates 400 million euros to support energy transition in maritime-port sector
Over 78 million euros to the ports of Augusta and Taranto for offshore wind
Rome
Funds distributed over three years starting from 2025
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
Rijeka Gateway Terminal to become operational in early September
Copenhagen
The first ship at the second container terminal of the Croatian port is expected on September 12
Falteri (Federlogistica) urges us to focus on the development of "polycentric" logistics
Genoa
The Simplified Logistics Zone should be the cornerstone of the strategy
Tsuneishi Shipbuilding Co. acquired Mitsui E&S Shipbuilding Co.
Hiroshima/Tokyo
It was renamed Tsuneishi Solutions Tokyobay Co.
Pessina (Federagenti): Northern European logistics system is struggling. Let's take advantage of it!
Rome
Unexpected opportunity - he underlines - for the Mediterranean ports and Italian ones in particular
MSC Cruises Joins Carnival and Royal Caribbean in Capitalizing on Grand Bahama Shipyard
Miami
Negotiations underway since the end of 2024 have been successfully concluded
At The International Propeller Clubs the Dorso Award for the Mediterranean area
Naples
In recognition of the primary role played by logistics operators in Mediterranean traffic
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