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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
In August, freight traffic in the port of Ravenna grew by +10.9%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
Federlogistica has established its own representation in the Iberian Peninsula
Genoa
It will support Italian entrepreneurs operating in Spain
Boluda acquires Royal Boskalis' towage and salvage operations in Australia and Papua New Guinea.
Valencia
Transaction valued at $640 million
ESPO urges IMO States to formally adopt the Net-Zero Framework
Brussels
The association also urges the EU Commission to align European standards
The Port of Los Angeles plans to build a new container terminal.
Los Angeles
Invitation to submit expressions of interest
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
Geneva
The most significant growth in PLSCI was recorded by the port of Savona-Vado Ligure (+53.7%)
ONE will not charge surcharges for new US taxes on Chinese ships
Singapore
They will be applied starting from October 14th
Fincantieri and Aeronautical Service sign agreement for the use of composite materials in the naval, civil, and military sectors.
Trieste
Genoa Port Terminal concession renewal approved until 2054
Genoa
The terminal's operating conditions have been redefined, bringing them back to the multipurpose function, in compliance with the ruling of the Council of State and the PRP
PSA Italia-Logtainer and Rail Hub Milano-Medlog have submitted offers to manage the Interporto Padova intermodal terminal.
Padua
Cargo traffic in Chinese seaports increased by 4.5% last month.
Beijing
Containers amounted to 27.7 million TEUs (+6.8%)
The Netherlands is referring to the Court of Justice of the European Union the question of whether to entrust seafarers or dock workers with the lashing operations on smaller container ships.
In the second quarter, container traffic handled by Eurokai terminals grew by +16.4%
Hamburg
Significant growth of 16.1% in Germany. In Italy (Contship), volumes increased by 5.2%.
China enacted regulation in response to US taxes on Chinese-owned and -built vessels
Beijing
The new rules include the possibility of introducing similar countermeasures
New attack on ships transiting the Gulf of Aden
Southampton
UKMTO announced that a fire broke out on a vessel hit by a shell
Le Aziende informanoSponsored Article
ITS Costruttori, il corso di alta formazione per entrare nel mondo di Fincantieri
Carnival closes its best quarter ever
Carnival closes its best quarter ever
Miami
The American cruise group announces a further strengthening of the growth trend in bookings
Marella Cruises sells Fincantieri slots for two new cruise ships to TUI Cruises.
Hannover/Trieste
With a gross tonnage of 160,000 tons, they will be larger than the units originally planned
GNV-Portitalia bridge agreement on lashing operations in the ports of Palermo and Termini Imerese
HMM will not introduce surcharges for new US taxes on Chinese ships
Seoul
The company will not modify scheduled services that stop in the United States
GATX Rail Europe signs sale-leaseback agreement with DB Cargo to purchase 6,000 railcars
Vienna
The transaction will be completed by the end of this year.
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
Bremen
Miscellaneous cargo is growing. Bulk cargo is declining.
India launches nearly $8 billion package to support its shipbuilding and maritime sectors
New Delhi
Shipyard production capacity expected to increase to 4.5 million gross tonnage per year
In the second quarter of this year, freight traffic in French ports fell by -0.4%.
Paris
Dry bulk and rolling bulk trades are declining. Container and liquid bulk trades are growing.
Antin Infrastructure Partners to acquire UK's leading marina operator
Paris/London/New York
It will take over ownership from British private equity firm LDC
Royal Caribbean agrees with Meyer Turku to build Icon ships for a decade
Miami
Order confirmed for a fifth Icon cruise ship and option placed on a seventh unit of the same series
Maersk announces it will not apply surcharges for new US tariffs on Chinese vessels
Copenhagen
The company assures that it will not make any changes to its services
Cochin Shipyard and KSOE enter into strategic collaboration in shipbuilding sector
New Delhi
The creation of approximately two thousand direct jobs is expected
DHL will resume freight shipments from Germany to the United States for corporate customers.
Bonn
They had been suspended due to the removal in the USA of the "de minimis" threshold for goods with a value of less than 800 dollars.
World Business Council for Sustainable Development Statement in Support of the IMO Net-Zero Framework
Ancona: Tax fraud in the shipbuilding sector
Ancona
Over €2.3 million in non-existent tax credits seized
CMA CGM buys British rail freight operator Freightliner
Birmingham
The transaction will be completed in early 2026
Containerized cargo at the port of Algeciras decreased by -9.4% last month
Algeciras
The 20-foot containers handled were 399 thousand (-0.7%)
Italferr participates in Europe's largest railway electrification contract
Rome
Activities within the Rail Baltica project
Freight traffic increased in the ports of Barcelona and Valencia in August
Barcelona/Valencia
In the first eight months of 2025, decreases of -1.6% and -0.3% respectively were recorded
In the June-August quarter, FedEx express courier revenues increased by +3.1%
Memphis
An average of 16.8 million express shipments were handled per day (+3.5%)
Breakthrough in the exploratory tunnel of the Brenner Base Tunnel
Milan/Rome
At 64 kilometers, it will be the longest underground railway connection in the world.
Tender launched for privatization of Croatian shipyard 3. MAJ Rijeka 1905
Zagreb
The starting bid is 6.66 million euros.
To decarbonize, shipping should join forces with other hard-to-abate sectors
London
This is highlighted by a report by Accelleron which believes that a critical mass of demand is necessary to overcome a stalemate phase.
COSCO Reassures Customers on Impact of New U.S. Tariffs on Chinese Vessels
Shanghai
We - the Chinese company assured - will maintain competitive freight rates and surcharges.
Shipping is still far from the target of 5-10% of fuel used coming from scalable, zero-emission sources by 2030
Copenhagen
The need to introduce incentives was underlined
Spain's Boluda acquires Transfesa's intermodal rail freight services.
Valencia
The agreement also includes industrial services, railway maintenance and shunting activities and intermodal terminals.
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Baku
Agreement with the Azerbaijani oil group SOCAR
German and Austrian trailer manufacturers challenge EU regulation to reduce truck environmental impact
Berlin/Brussels
They denounce that its application leads to an increase in traffic volumes and therefore emissions.
The Venice Marghera station has been equipped with a track compliant with European TEN-T standards
Venice
A 740-meter freight track has been opened.
World Shipping Council introduces Cargo Safety Program to prevent ship fires
Washington
It is based on artificial intelligence and traditional goods inspections
Rheinmetall to enter naval shipbuilding sector by acquiring Naval Vessels Lürssen
Bremen
Lürssen Group to focus on megayacht production
The British government is investing half a billion pounds to reduce shipping emissions.
London
Private investments of 700 million expected
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
Cairo
In the first seven months of 2025, a decrease of -10.2% was recorded
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
Port of Livorno: Protests over Gaza must not block operations.
Livorno
The members of the Partnership Body highlighted the need for it to be accessible to all vessels
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
GNV, agreement with Sicilian terminal operator Portitalia is positive.
Genoa
The company specified that the aim was exclusively to temporarily supplement the tariffs.
Two days of work with ESPO in Rome on the Mediterranean and European ports
Rome
Meetings organized by Assoporti
In 2024, 112 million counterfeit items were seized in the European Union.
Brussels
Record estimated value of 3.8 billion euros
Strikes and protests in ports, request for information from the Guarantor
Rome
Request for information from prefects, port authorities, and port authorities
Danaos Corporation has ordered two 7,165 TEU containerships from Dalian Shanhaiguan.
Athens
They will be taken into delivery in the third quarter of 2027
In the second quarter, freight traffic on the Austrian rail network fell by -1.4%.
Vienna
Only domestic traffic is growing
ALS (FBH Group) has acquired 80% of Trans World Shipping and Moda Express of USA.
Rozzano
The two companies have 500 employees and are active in Italy, France, the United Kingdom and the United States.
Circle's revenue increased by 62.1% in the first half of 2025
Milan
Net profit of over 1.0 million euros (+1.8%)
A Ukrainian delegation hosted by the Northern Tyrrhenian Sea Port Authority
Livorno
Cooperation in the field of training and safety at work in ports
The EIB is financing Phase A of Genoa's new breakwater with €300 million.
Luxembourg
The total investment is 937 million euros
This summer, GNV ships carried 1.7 million passengers (+9%)
Valencia
In the next few days the company will take delivery of "GNV Virgo", the first LNG-powered vessel
The project for the expansion, safety improvements, and extraordinary maintenance of the port of Pozzallo has been presented.
Pozzallo
It provides for the construction of the breakwater arm
Fincantieri delivers the new Star Princess cruise ship to Princess Cruises
Monfalcone
It has a gross tonnage of 177,800 tons and a capacity of 4,300 passengers.
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
Filt Cgil calls on port administrators and businesses to join the action against the Palestinian massacre.
Rome
This burden – the union highlighted – cannot be placed solely on the shoulders of dock workers.
The agreement between the Italian Merchant Marine Academy Foundation and the NATO Center in La Spezia has been renewed.
Genoa
The collaboration signed in 2023 has been confirmed
Fischer & Rechsteiner and Gimax International acquire BCUBE's Freight Forwarding business.
Genoa
The completion of the transaction is expected in the next few days
Fermerci outlines a dramatic scenario for the European rail freight transport sector
Rome
Rizzi: There is a real risk of a shift towards exclusively road transport.
Eni completes the sale of a 30% stake in the Baleine project in Ivory Coast to Vitol.
San Donato Milanese
The field was discovered in 2021 and production started in 2023
Sogedim opens a new branch in Modena
Mesero
Initially, the activity will be dedicated exclusively to UK export traffic and will then extend to other European markets.
The new PCTC Grande Svezia has joined the Grimaldi Group's fleet.
Naples
It has a maximum capacity of 9,000 ceu
The Cagliari City Council approves its opinion on the Sardinian Ports Development Plan.
Cagliari
Green light unanimously
The railway sector contributes 1.4% of the European Union's GDP.
Brussels
Study commissioned by CER
In the port of Naples, the Coast Guard has detained the bulk carrier Tanais Dream.
Naples
Serious irregularities found on board
Agreement to accelerate the implementation of robotics in Fincantieri's production processes
Trieste
It was signed with the Friulian Idea Prototipi
Sergio Liardo is the new general commander of the Port Authority Corps - Coast Guard
Rome
He takes over from Admiral Nicola Carlone
DBA to supply new Terminal Operating System for Georgia's Batumi Port
Villorba
The project includes all phases of development, testing and operational testing
Attack on a ship in the Gulf of Aden
Portsmouth
The captain reported hearing an impact in the water and an explosion
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Danilo Ricci has been appointed managing director of Tarros Line.
La Spezia
He has held various positions in Italy and abroad within the group
Permanent discussion table between Confindustria Nautica and Federagenti
Genoa
This is provided for in an agreement signed today in Genoa
In the first half of 2025, cruise traffic in Italian ports grew by +6%
Venice
The twelfth edition of Italian Cruise Day will be held in Catania on October 24th.
SAL Heavy Lift buys two semi-submersible vessels from Pan Ocean
Hamburg
They were built in 2008 and 2012
30% of Sangritana Cargo will be acquired by the Marche-based company Transadriatico
The Eagle
The sale will be completed in the next few days
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
Forum on economic and logistical integration between Ligurian ports, the Northwest manufacturing area, and Switzerland
DEME orders new cable-laying vessel from Singapore-based PaxOcean
Beveren-Kruibeke-Zwijndrecht
It will be built in the Chinese shipyard of Zhoushan
Assoporti will meet at RemTech EXPO 2025 to discuss the green transition in Italian ports.
Ferrara
The Smart Ports Award was awarded to three Port System Authorities
The first shipment of Syrian oil in 14 years arrives at the port of Trieste.
London
Part of the cargo - S&P Global Commodity Insights reports - was unloaded at the Sardinian terminal of Sarroch
In August, freight traffic in the port of Taranto grew by +20.3%
Taranto
The ferry "Drea" was also rejected by the Apulian port, where however it is temporarily stopped
Container traffic at the Port of Los Angeles remained stable in August.
Los Angeles
Volumes expected to decline in the remainder of 2025
Meeting between the port authorities of Jacksonville and Livorno
Livorno
Among the objectives, to start one or more direct services between the two ports
Italian State Railways and ENAC sign an agreement for the use of drones in infrastructure monitoring.
Rome
They will also be used to fly over sections of the railway and road network that would otherwise be difficult to monitor.
A.SPE.DO, the port of La Spezia is essential to ensuring employment, development, and a future for the local economy.
La Spezia
Landolfi: We cannot afford to underestimate its value.
The MIT meets with the heads of the Italian AdSPs
Rome
Meeting on the government's strategic vision for the sector and port reform
Yang Ming orders Hanwha Ocean Co. to build seven 15,880 TEU container ships
Keelung
They will be delivered between 2028 and 2029
Over 40 expressions of interest have been received for the development of the Ukrainian port of Chornomorsk.
Kiev
Today the first meeting of the tender commission
The first commercial ship is expected at the public dock in Largo Trattaroli in Ravenna.
Ravenna
The car carrier "AICC Huanghu" is coming soon
Container traffic at the Port of Long Beach decreased by 1.3% last month.
Long Beach
Empty containers are increasing. Full containers are decreasing.
Assiterminal's Terminal Road Show is starting
Genoa
Cognolato: We want to strengthen our ties with local communities and territories.
Assoporti, the Italian ports' cruise offerings presented at the Seatrade Europe fair.
Hamburg
Giampieri: We are leaders in the Mediterranean area and in Europe
Commander Claudio Tomei, USCLAC president from 2012 to 2024, has passed away.
Viareggio
His strong commitment to improving the working conditions of Italian seafarers
In the first quarter of 2025, cargo traffic in Greek ports grew by +1.4%
Piraeus
Passengers down by -1.1%
HD Hyundai Samho Orders Four New Container Ships
Seoul
Order worth approximately 468 million dollars
Trieste: Fraudulent bankruptcy in the shipbuilding sector
Trieste
Investigation into a company based in Palermo
Container traffic in the port of Hong Kong fell by 7.4% in August.
Hong Kong
In the first eight months of 2025 the decline was -3.8%
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
Container traffic at the port of Singapore continued to decline in August
Singapore
Total volume of goods increased by +1.1%
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
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
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
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