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Independent journal on economy and transport policy
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October 21, 2014
Sched Netweb site
  • Shipping lines maintain services in Ebola-hit countries
  • Ports worldwide restrict ship entry from Ebola hit countries
  • Grandfathering older ballast water systems edges closer
  • Lloyd's Register says 24,000 TEU ships will soon be ply trade lanes
  • Virginia port erases quarterly loss as monthly volume hits 201,113 TEU
  • CSAV buys slots on G6 services ahead of merger with Hapag Lloyd
  • India has until today to back Bali deal before it likely dissolves
  • 13,808-TEUer delivered to Evergreen - last of 10 postpanamaxes
  • Ending ship pollution fund too soon risks damaging litigation: ICS
  • ATA urges rejection of misleading 'push poll' data on truck safety
  • US claims of surpassing Saudi oil production will prove hollow: expert
  • HK vehicle emissions grace period extended from 12 to 25 working days
  • Oman's Sohar port soon to begin offering ship-to-ship LNG services
  • Asian Logistics and Maritime Conference to be held in HK November 18-19
  • Maritime Corporation Information Officers meet in Rotterdam November 18
  • Air cargo expects short, heavy peak season starting this month
  • Volga-Dnepr moves choppers to Sierre Leone on UN Ebola mercy mission
  • US safety board takes over 747 Bagram crash probe from Afghans

Exim Indiaweb site
OCTOBER 20, 2014
  • AADA to increase China/Hong Kong to Australia rates from Nov. 15
  • CMA CGM extends TBL coverage of Democratic Republic of Congo
  • Croatia joins ranks of European shipowners' community
  • Drewry all earnings shipping index slumps 25 pc in Sept.
  • European ports take Ebola precautions
  • InterManager re-elects Gerardo Borromeo as President for second term
  • Korean training ship on global expedition makes maiden call at Mumbai Port
  • MOL recognised as a leader in climate change transparency & corporate action
  • NYK starts inland transportation service in Myanmar
  • SSA highlights marine insurance & finance as areas to develop
  • Suez Canal revenue up 12 pc in Aug.
  • Transworld Group, NAWAH partner to serve Iraq's growing cargo demands
  • Oilmeal exports plunge 73 pc in Sept. on reduced crop: SEA
  • Cochin Shipyard pays dividend for sixth consecutive year
  • KoPT handles record TEUs
  • Port & dock workers to get pension similar to Central govt employees
  • Regular connectivity from Cochin Port to Maldives being mulled
  • Union Cabinet approves Indian participation in augmenting strategic Chahbahar port in Iran
  • Govt may widen SFIS scope to give exporters tax sops

International Transport Journalweb site
  • EPAL brings new half pallet to market
  • Strong growth in Scania's service revenue
  • Waco System joins WiseTech Global's partner programme
  • Ex-Im Bank to finance export of locomotives to Indonesia
  • K Line earns laurels for its climate performance
  • Swiss Worldcargo goes live with new eBooking tool
  • Bremen's Stabenau celebrates 31 and 80!
  • ICS welcomes IMO's progress on ballast water issues
  • New rail track for cars at port of Gothenburg
  • Hawn moving to WGMA
  • Imperial to transport loads of chips and peanuts
  • Heathrow operator agrees to sell three airports
  • Long Beach adds 'free time' for cargo to ease congestion

IHS Maritimeweb site
OCTOBER 20, 2014
  • Box lines feel supply chain pain in US
    Congestion at US ports and along the supply chains that link them to inland destinations is forcing trans-Pacific container lines to charge shippers higher rates to recover increased costs. The Transpacific Stabilization Agreement (TSA) announced on 20 October that most of its 15 liner members will
  • Khalifa Port's productivity soars 36%
    Only two years after starting its commercial operations, Abu Dhabi's flagship Khalifa Port now ranks fifth in the Europe, Middle East, and Africa region for productivity, which has leapt 36%. Khalifa's crane productivity has reached 34 gross moves per hour (gmph) - up from 25gmph in September 2012,
  • LNG hybrid barge powers up at Hamburg
    Cold ironing of cruise ships at Hamburg started this weekend with the christening of Hummel - an LNG hybrid power barge developed by Becker Marine and AIDA Cruises. Hummel - which means 'bumblebee' in German - is a self-contained power station. Running on natural gas, which it can store as LNG, the
  • Economou reassures on debt deadline
    DryShips has secured a new loan to close the funding gap on its looming bond payment, lifting the company's stock price. George Economou-led DryShips has $700M in convertible bonds maturing 1 December. But the company has admitted that if bondholders were to declare a default, triggering
  • Feeder service brings hope to Calabar
    Nigeria's eastern port of Calabar has received a boost with the inauguration of African Independent Feeder's new liner service from Tema in Ghana. The development of Calabar - a river port with a free trade zone - has been held back by shallow draught and hazardous road links. Despite several
  • Suez expansion project signs $2Bn deals
    Suez Canal Authority head General Mohab Memish has announced contracts totalling $2Bn for expanding the canal with a partly parallel waterway. A consortium of Boskalis, Van Oord, National Marine Dredging, and Jan De Nul won a $1.5Bn contract for three of six lots in the expansion, while a DEME and
  • Ebola scare reveals cruise complications
    The Carnival Magic's return to Texas after a cruise overshadowed by panic over a passenger's potential exposure to Ebola reveals the dangers for the cruise industry from health scares. Carnival was advised on 15 October that one of its passengers may have processed fluid samples from an Ebola
  • Onne port propels Nigerian oil and gas
    Nigerian President Goodluck Jonathan inaugurated last week the fourth phase of the Onne Port Complex in Rivers State. The port forms part of the Onne Oil and Gas Export Free Trade Zone, which currently comprises three berths of 15m alongside depth, 800ha of reclaimed land, and new access roads.
  • Mogadishu port handover sparks protests
    A Somali federal government decision handing the operation of the Port of Mogadishu to Turkish company Al Bayrak has surprised the Somali parliament, triggered protests by dockers, and raised concerns from UN monitors. Transport minister Yussuf Maalim formally transferred management to Al Bayrak on
  • Euronav upbeat on tanker market outlook
    Euronav continued to lose money in the third quarter but sees the fourth quarter's outlook as the tanker market's best for four years. In its third quarter, the Antwerp-based tanker operator's after-tax result was a shortfall of $20.61M, following a $21.25M loss for the entire first half. However,
  • SIGP wins first A1 issuer rating from Moody's
    Shanghai International Port (Group) (SIPG) has been assigned an A1 issuer rating by Moody's Investors Service, the first Moody's rating given to SIPG. The rating outlook is stable, a statement of Moody's said today. SIPG's A1 issuer rating is on par with the company's baseline credit assessment
  • Chinese industrial zone to open for foreign trade
    Tianjin Nangang Industrial Zone in North China is to open up for foreign trade by the end of the year. The industry park already has built up three terminals, and 13 of the 48 planned berths have been completed. "The terminals there are able to accept 10,000dwt vessels," stated Liu Jinlu, Director
  • CSDC and Wuhan Steel swap shares
    Shanghai-listed China Shipping Development (CSDC) announced a share swap deal with Wuhan Iron and Steel (Wuhan Steel) last Friday. CSDC will transfer 142M shares (4.17% of its total equity) to Wuhan Steel and the latter will transfer 3M shares (2.97% equity) to CSDC. The swap is free, according to
  • Pan Ocean settles for debt-for-equity swap
    Deutsche Bank and Barclays Banks are among the creditors to have been handed shares in another round of debt-for-equity swap executed by South Korean bulker operator Pan Ocean. Pan Ocean, formerly known as STX Pan Ocean, has been in receivership since June 2013 after incurring over $5Bn in debts,
  • MOL looks to recruit more Indian seafarers
    Japan-based shipping liner Mitsui OSK Lines (MOL) has established MOL Synergy Marine Singapore in Chennai, India jointly with ship management services company, Synergy Group, to increase its recruitment of seafarers from India. MOL Synergy will provide crew training services, as well as ship
  • Tax exemption on HK carriers in South Africa
    Hong Kong carriers will be exempted from taxation levied on profits in South Africa as the city has reached an agreement with the African country to avoid double taxation. Profits from international shipping transport earned by Hong Kong residents that arise in South Africa, which are currently
  • Sembcorp Marine wins $174M in contracts
    Singapore-listed offshore services provider Sembcorp Marine has secured two offshore energy related contacts valued at SGD222M ($174M). The contracts were sealed by Sembcorp Marine's subsidiaries, Sembmarine SLP and Jurong Shipyard. Sembmarine SLP will design and build the offshore substation
  • Vallianz secures $64M from offshore contracts
    Singapore-listed offshore services provider Vallianz Holdings has won new charter contracts and clinched a letter of award worth $64M. Vallianz will supply vessels ranging from anchor handling tug supply vessels (AHTS), platform supply vessels (PSV) and barges for periods of up to three years under
  • Rio, Fortescue ramp up iron ore shipments
    Fortescue boasted a 60% hike in iron ore shipments in its September quarterly results released this month compared to the same period last year. The Australian miner also marked its 8th consecutive shipping record out of the Pilbara - 41.5 tonnes for the quarter and an annualised rate of 166 tonnes

Marine Logweb site
OCTOBER 20, 2014
  • LNG America and Buffalo Marine to cooperate
  • New Bouchard tug and barge simulator at SUNY Maritime
  • Foss tug tows disabled Russian vessel to safety
  • Virginia awards ferry design contract to Alion Science
  • Stern trawler to have Rolls-Royce design and equipment

World Wide Shipperweb site
OCTOBER 20, 2014
  • Foss Maritime tugboat tows drifting cargo vessel
  • Department of Transportation updates transport statistics
  • Boeing employees ratify new eight-year contract
  • Port of Vancouver celebrates call of maiden voyage vessel
  • CSX Corporation releases third fiscal quarter numbers

Lloyd's Listweb site
OCTOBER 20, 2014
  • Where do vessels call after leaving Ebola-hit West African ports?
    Lloyd's List Intelligence data reveals which states may be most exposed to seaborne spread of the disease
  • African ports take the strain in containing Ebola
    Terminals least able to screen for the disease are under pressure to halt its spread by ship
  • High Court finds for IOPC against Gard
    Move to wind up 1971 fund to be debated this week
  • Shippers fight Hong Kong congestion charge
    Hong Kong Shippers' Council says carriers should compensate shippers for delays caused by congestion
  • Scorpio Bulkers nets bank financing
    Company secures $411.2m from group of lenders that includes Kexim
  • DryShips lines up $120m loan from Ocean Rig
    Drilling subsidiary cash to act as 'stop-gap' to help meet bond repayment
  • Strong rates secured in Pakistan VLCC sale
    High-priced transactions emerge despite rates pressure in demolition market
  • VLGC spot rates return to winning ways
    Rates rise after recent dip, now standing at $107 per tonne
  • Transpacific lines seeks higher charges as congestion worsens
    Carrier group after compensation for increased costs across the supply chain
  • Frontline Management has new chief executive
    Robert Hvide Macleod takes over from Jens Martin Jensen
  • German banks will survive stress test, Wiebers argues
    But KfW warns that pain is likely
  • Long Beach waives demurrage to ease congestion
    Cargo owners given extra time to pick up overseas import containers
  • Lower bunker prices will not persuade vessels to pick up speed
    Drewry says vessel slowed to tackle excess capacity as well as to cut fuel use
  • Brussels maritime official faces UK House of Lords grilling
    Baltic and North Sea unit boss will give evidence on policy co-ordination
  • Dredging heavyweights share Suez Canal contract
    Boskalis, Van Oord, NMDC and Jan de Nul split the $1.5bn contract to widen vital trade artery
  • Transport union slams countries that bar ships over Ebola fears
    Turning vessels away goes against law and common humanity, says ITF
  • VLCC spot earnings surge as bunker bills drop
    Owners reap the benefits of lower fuel costs
  • Drake loses Liverpool stevedoring contract
    Blue Arrow wins tender to provide dock workers
  • Samsung Heavy Industries reports a 12% drop in operating profit
    South Korean shipbuilder blames weak markets for its lacklustre performance
  • Jiangsu Rongsheng in $532m nine-month loss
    Hong Kong-listed company's struggles continue as debts mount

The Journal of Commerceweb site
OCTOBER 20, 2014
  • Business groups renew appeal for ILWU-PMA deal
    More than 100 national, state and local organizations have signed a letter urging a speedy agreement on a West Coast port labor contract "to allay growing concerns of thousands of businesses" that rely on the ports. The supply chain stakeholder letter was organized by the National Retail Federation and signed by the American...
  • Katoen Natie opens $50 million Singapore terminal extension
    Officials celebrated the opening of Katoen Natie's new $50 million terminal extension with a ribbon cutting at its Jurong Logistics Terminal in Singapore. The add-on to its original facility brings the Belgium-based company's investments in Singapore to $200 million. Katoen Natie increased its logistics capacity by 45 percent to accommodate three...
  • India venture gets go-ahead to develop, operate Iranian port
    India will invest $85.21 million in the development and operation of cargo facilities at Iran's Chabahar port, as New Delhi seeks to enhance its strategic interest in Central Asia. India's federal Cabinet Council approved the investment plan at the weekend, an official statement said. "Chahbahar port, located in the Sistan-Baluchistan Province on...
  • Drewry: Asia-Mediterranean trade falling victim to overcapacity
    A sharp drop in spot rates from Asia to the Mediterranean was facilitated by slowing cargo volumes and overcapacity, Drewry Maritime Research says. In its latest edition of Container Insight Weekly, Drewry said the trade lane's volumes peaked in May, several months earlier than the Asia-North Europe trade lane. Because of...
  • New service brings larger ships to Charleston
    The South Carolina Ports Authority today received the first ship call of a new consolidated South American east coast service that brings additional post-Panamax vessels to Charleston. The new "New Tango" weekly service includes Hamburg Süd and Aliança, Hapag-Lloyd and CSAV, as well as two carriers new to the trade lane:...
  • Harbor Trucking Association warns LA-LB, Oakland of legal action
    The Harbor Trucking Association will explore the possibility of filing a class action lawsuit against terminal operators at the ports of Los Angeles, Long Beach and Oakland as congestion worsens at the California ports, the association announced today. In three identical letters sent to the ports of Los Angeles, Long Beach and...
  • Port of Boston: $200 million needed to upgrade port
    State and federal politicians are balking at the potential privatization of the Port of Boston's busiest terminal, an option brought forth by the port authority as it continues to look for ways to erase a funding shortfall totaling $200 million. Massport already received $310 million in state and federal funding for...
  • GAO: Customs should improve use of border security data
    The U.S. Customs and Border Protection should improve its analysis and circulation of border security data, a new report from the Government Accountability Office says. The 45-page report, released last week, says Customs' Operational Field Testing Division, a covert unit, probes U.S. border facilities for potential illicit nuclear material being smuggled...
  • Federal Regulatory Update: Preparing for the Road Ahead
    The federal regulatory environment continues to change rapidly, particularly in the area of U.S. trucking. With the Federal Motor Carrier Safety Administration continuing to seek an inventory of data-driven regulations in an effort to further increase U.S. roadway safety, many feel these new requirements place an already struggling industry on...
  • TSA carriers seek another general rate increase
    Members of the Transpacific Stabilization Agreement have filed for their 11th general rate increase this year in a continuing effort by carriers to shore up spot rates from Asia to North America. TSA members will seek an increase of $600 per 40-foot container, effective Nov. 15. The carriers have filed for...
  • Canadian truck freight volumes spike in September, TransCore says
    A stronger, steadier North American economy is generating more intra-Canada truckload freight and cross-border shipping demand from U.S. partners and customers. The number of loads moving through the Canadian truck spot market accelerated in September after two consecutive months of decline, according to TransCore Link Logistics. The company's Canadian Freight Index, which...
  • Is the Nicaragua canal driven by geopolitics?
    Nicaragua has dreamed since 1826 about building a canal connecting the Caribbean with the Pacific. It was then that U.S. Secretary of State Henry Clay presented the idea to Congress, and Congress turned it down. The U.S. almost started work on one in 1899 before a convenient revolution in Panama opened...
  • Carriers reaping benefit from slump in oil prices
    The slump in crude oil prices over the past three months has sharply reduced ocean carriers' unit costs as they face declining cargo volumes in the seasonally slack fourth quarter. Brent crude, the international benchmark, is trading at around $86 a barrel today, down 25 percent from a peak of $115...
  • Ebola impact: Shipping delays, health screenings, preventive measures
    Click here for full-size infographicTwo months ago, the largest container carrier in the world, Maersk Line, issued a statement to its customers concerning the Ebola crisis in West Africa, meant to calm fears. The release did not mince words, and stated one undeniable fact at its start: Ebola has never been transmitted...
  • CP says merger talks with CSX are off
    Canadian Pacific said its exploratory discussions with CSX Corp. about a possible merger have ended and that no further talks are planned. CP had raised the possibility of a business combination it said would improve service through the intermodal bottleneck of Chicago, but the overture was rebuffed by CSX. The merger, which...
  • KCS works to expand cross-border capacity, ease customs clearance
    Kansas City Southern Railway said it's investing in its network at a higher rate than most other Class I railroads, as the company expects to increasingly handle more U.S.-Mexico cross-border intermodal, vehicle, crude oil and agriculture and mineral shipments. The railroad, which has the only U.S.-Mexico cross-border network, is also working...
  • TSA members moving forward with intermodal surcharges
    The Transpacific Stabilization Agreement said most of its member lines are moving forward individually with previously surcharges on intermodal store-door deliveries from Asia to North American points in an effort to offset higher costs. TSA members have recommended charges of $100 per 40-foot container and $90 per 20-foot container. The carriers...
  • 35-hour pilot strike to impact Lufthansa Cargo
    Lufthansa Cargo said all its freighter flights will operate as scheduled as pilots began a 35-hour strike at midday that forced the parent airline to cancel 1,450 short- and medium-haul passenger flights. The all-cargo carrier originally said the walk-out would have "only very limited" impact on shippers because it did not...
  • CMA CGM Group Executive Officer Farid Salem to Give Keynote at JOC Port Performance Conference Europe in London, Nov. 19
    NEWARK, N.J., Oct. 20, 2014 - Farid T. Salem, who is the current CMA CGM Group Executive Officer and Board of Directors Member, will deliver the keynote address at Port Performance Conference Europe, organized by JOC Group Inc. The two-day London event, on Nov. 19-20, will explore the growing productivity challenges facing...

TradeWindsweb site
OCTOBER 20, 2014
  • DryShips surges after loan
    DryShips saw its share price rise sharply Monday after the New York-listed shipowner announced a loan from spin-off Ocean Rig.
  • Cautious on condensates
    Significant US exports of condensates will not hit the water soon to bolster long-haul tanker demand, Poten & Partners says.
  • Shipping's cyber burden
    Governments are sounding the alarm on cyberattacks but the onus falls on the shipping industry to take steps to prevent them, lawyers at US firm Blank Rome say.
  • ECA to hit arbitrage
    US shipbrokerage Charles Weber says the fuel premiums associated with looming sulphur limitations next year will hurt charterers' arbitrage opportunities on smaller tanker trades more so than routes for larger vessels.
  • Maersk makes history
    Huge containership becomes the largest vessel ever to enter the Thames only 30 miles from central London.
  • Drillship deals stretched
    DryShips-owned Ocean Rig (ORIG) has extended two drillship charters in a deal worth $1.1bn.
  • Maersk scraps AHTS
    Maersk Supply Services has followed up a rush of newbuilding activity with the disposal of one of its anchor handlers for demolition.
  • RCCL faces fine
    Royal Caribbean Cruises could face a heavy fine after Dutch authorities suspect a breach of the Dutch Foreign Employment Act.
  • Navico buys MARIS
    Marine electronics company Navico Holdings has acquired Maritime Information Systems (MARIS) from the Grieg group.
  • New man, new direction?
    Robert Macleod's appointment as chief executive of Frontline has increased speculation that the company is to combine with fellow John Fredriksen vehicle Frontline 2012.
  • ORIG lends a hand
    Nasdaq-listed DryShips is getting a cash injection of $120m from subsidiary Ocean Rig (ORIG) to help pay off a bond bill.
  • Vinalines keen to sell
    Vietnamese state shipowner Vinalines is trying to offload the costly floating dock at the centre of a fraud case that ended with two former executives receiving the death penalty.
  • Cochin connection
    A new shipping service between India's Cochin and the Maldives is under consideration from the two countries' port authorities, the Deccan Chronicle reports.
  • Scorpio scoops $411m loan
    New York-listed Scorpio Bulkers has fixed a loan of $411.26m to finance 12 new capesizes.
  • Goldman out of ABP
    Goldman Sachs could sell its stake in major UK terminals player Associated British Ports (ABP).
  • Macleod takes Frontline reins
    Robert Macleod is to succeed Jens Martin Jensen as chief executive of Frontline in a top management shake-up at the tanker owner.
  • Stowaways jump
    A man has died after a group of nine stowaways leapt from a PIL cargoship in Ghana.
  • Atlantic mobilises fleet
    Singapore's Atlantic Navigation Holdings has agreed to provide eight vessels to work at an infrastructure project off Qatar.
  • Tanker refloated
    A Seychelles-owned tanker has been refloated after nine days stuck in the Amazon river, Brazil.
  • NAO dividend holds firm
    Nordic American Offshore has kept its dividend unchanged for the third quarter.
  • Gotland sells again
    Sweden's Rederi AB Gotland has sold another tanker as it trims its fleet.
  • Buffalo in LNG alliance
    Bunker specialist Buffalo Marine Service has teamed up with LNG America in a bid to develop LNG fuel services in the US.
  • More bonds bought
    Oslo-listed Subsea 7 has splashed another $27m on buying back its own bonds.
  • Polemis sheds oldest VLCC
    Adam Polemis is believed to have scrapped the oldest of his six VLCCs.
  • Carnival Ebola panic over
    A Carnival cruiseship has returned to the US after being refused entry to Belize in an Ebola scare.
  • TIL to buy back?
    A sharp rise in the value of its ships could have set the scene for a share buyback plan at Teekay spin-off Tankers Investment Ltd (TIL).
  • COSL orders AHTS trio
    China Oilfield Services (COSL) has been linked to a new order for anchor-handlers at Wuchang Shipbuilding.
  • Samsung edges up
    Korea's Samsung Heavy Industries has posted a slightly stronger third quarter profit despite a drop in revenue.
  • Charters net Vallianz $64m
    Vallianz Holdings has added a further $64m to its order backlog thanks a series of new deals announced Monday.
  • Suez contractors picked
    A Royal Boskalis Westminster-led consortium has secured a contract to construct part of the 'new' Suez Canal.
  • SMM bags double order
    Sembcorp Marine has secured two offshore energy related contracts valued at a combined SGD 222m ($173.4m).
  • York MR sale falters
    York Capital Management's plan to offload a series of five medium-range (MR) newbuildings looks to be floundering.

American Shipperweb site
OCTOBER 20, 2014
  • CP ends merger talks with CSX
  • Long Beach gives shippers extra free time
  • Port of Virginia records 8.6% box gain in Sept.
  • Transpacific carriers imposing fee on intermodal cargo
  • Port of L.A. reports September container volumes 9% higher
  • Avoiding train-tractor collisions
  • U.S., Mexico enter mutual recognition arrangement
  • CMA CGM adds 7,000 refrigerated containers
  • IMO moves toward mandatory Polar Code
  • More normal winter predicted this year for eastern U.S.
  • Russian container ship towed to Prince Rupert
  • Hactl reports strong 2014 growth
  • Americold adds Idaho warehouse
  • Executive moves

The Bunker Bulletinweb site
OCTOBER 20, 2014
  • Freight surcharge to reflect bunkers' price differential
    Cross Channel routes to see surcharge imposed from January 1.
  • Bunker prices stage recovery
    Singapore 380 cSt material has climbed for two trading days in a row.
  • Bunkering hit by falling vessel calls
    Visits down by 20%.
  • Global bunker fuel sulphur averages down in 2013
    IMO sulphur monitoring programme shows close to 80% of distillates would meet new ECA limit.
  • LNG Conference 'to tackle the burning questions'
    Delegates to discuss prospects for LNG aboard an LNG-fuelled cruise ship.
  • LNG America hooks up with bunker supplier
    Moving towards viable gas bunker market in US Gulf.
  • Awash with oil
    As prices fall, some oil companies now seem to be at a loss as to what to do next.
  • Call for at sea bunkering ban
    Fuel oil spills draws sharp response in Russian Far East.
  • Quadrise sees losses widen
    But chairman says company has passed 'key milestones'.
  • IMO study: Shipping's actual CO2 emissions down less than 20%
    Only the share of emissions has fallen by 20% because global CO2 output grew while shipping stemmed growth.
  • Shipping's CO2 emissions to rise despite improved efficiency
    Potential for increase if slow steaming stops, while even major efficiency improvements won't mitigate impact of future trade growth.
  • Tallinn nets ferry contract
    Ferry tender includes LNG power option.
  • Analyst: LSFO-HSFO price differentials to narrow
    Most vessels will switch to MGO within ECAs instead of consuming LSFO, says Shell spokesman.
  • Rotterdam: LNG as marine fuel faces 'business challenge'
    'Viable' business case needs to be present for LNG bunkering to take off, says spokeswoman.
  • USCG gains training and competency on LNG bunkering
    Organisation has sent staff to Scandinavia for training on LNG bunkering.
  • French port to start bunkering study
    Project to assess feasibility of bunkering with low sulphur fuels.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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