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28 April 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
September 29, 2014
Sched Netweb site
  • 'K' Line fined US$67 million for ro-ro price fix, July share sale pays bill
  • Asia-Europe off 9.9pc to US$822/TEU, transpac down 7.5pc to $1,930/FEU
  • OOCL cancels Asia to US west coast sailing on CC2 Service
  • Shenzhen to offer US$32.6 million annually to cut ship, port emissions
  • Piraeus-Taranto shuttle from Evergreen, Piraeus-Marmara reorganised
  • US Commerce Department ups GDP estimate 4.6pc in second quarter
  • US protectionists appeal to Obama Administration to end fast track trade deals
  • Asia to US container traffic surpasses 1.3 million TEU in August
  • Air France caves to pilots on low-cost airline as Lufthansa strike looms
  • Nippon Cargo Airlines settles with class action plaintiffs in New York court
  • American Airlines expands cargo services in Florida, adding Jacksonville

Exim Indiaweb site
SEPTEMBER 26, 2014
  • Allcargo Logistics completes phase II of environment conservation campaign in tribal hamlets of Mumbai
  • Ashish Pednekar elected BCHAA President for 2014-16
  • Capt. K. Devadas appointed SCI's Director (Technical & Offshore Services)
  • CSLA AGM held
  • Maersk Line plans sizeable capex on newbuildings
  • MOL continues to be included in green, social indices
  • SAL vessel deftly loads super ODCs at Adani Hazira Terminal
  • NTPC to import 5 mt of coal for seven power plants
  • Plexconcil to tap West Asian, African markets
  • Spices exports up by 35 pc at 2,71,280 t during April-July
  • Govt asks Major Ports to deepen draught to 18 m
  • Tea traders worry over Cochin Port's decision to hike lease rent rates
  • Trade unions oppose corporatisation of Major Ports
  • VPT handles all-time high 22,053 t of manganese ore in a day
  • DHL Express announces 2015 rate adjustments
  • Konkan Rly's earnings from RoRo service up by INR 15 cr. in 2013-14
  • Road projects to be fast-tracked
  • Forex reserves drop to $ 315.59 bn
  • Govt extends period for duty-free import of pulses
  • MSRA urges govt to check imports of non-standard steel from China
  • Simplify procedures in new FTP: Fieo urges govt
  • State elections to delay FTP
  • Textile buying agents urge govt to waive service tax
  • CMA CGM at Breakbulk Americas
  • Jacksonville port gains in heavy lifting
  • Mammoet lifts space shuttle to new height
  • Port of Everett boosts break-bulk handling capability
  • Underwater rescue in US by Crane Rental Corporation

International Transport Journalweb site
  • And the international truck of the year 2015 is...?
  • BDP strengthens India presence
  • Elflein an eco champion
  • Railway technology market - robust growth and fierce rivalry
  • Maskargo to serve Zhengzhou
  • Kielgast adds NPorts to his roster
  • AAS embracing Nippon Express
  • Port of Esbjerg launches tender for new combi terminal
  • New PPL Net member in China
  • Investments to augment Poland's rail operations
  • New director for Yusen Brazil
  • Kuka snaps up Swisslog
  • Full AEO status for port of Felixstowe
  • Saudia Cargo selects new GSSA in India
  • US railroad investing in Nebraska's rail infrastructure
  • Flächen deckende Investitionen
  • Evergreen expanding Asia-South Africa network

Marine Logweb site
SEPTEMBER 26, 2014
  • Edison Chouest Offshore's new 300 ft Class PSV
  • K-Line cops plea, agrees to $67.7 million fine
  • DDG 1000 marks another milestone
  • Panama Canal Authority issues Ebola advisory
  • DNV GL issues guidance on jacking gear
  • Siem to acquire German shipbuilder FSG
  • HII awarded $11.4 million for nuclear sub work
  • NASSCO Earl awarded $14.4 million contract mod
  • BAE San Diego gets $35.2 million for DDG 91 work
  • Electric Boat awarded $310.7 million contract mod

World Wide Shipperweb site
SEPTEMBER 26, 2014
  • Port of Seattle releases August container numbers
  • US rail freight traffic delivers weekly gains
  • Evergreen expanding presence in Asia/South Africa market
  • Trade between NAFTA partners climbs during month of July
  • Inchcape Shipping Services gives Chile oil spill report

Lloyd's Listweb site
SEPTEMBER 26, 2014
  • China pays more than $3m to charter a suezmax to carry Libyan crude
    Unipec books Teekay tanker to load a larger than usual shipment at Es Sider on Saturday
  • West Africa-Europe fixtures highlight a shift in suezmax crude trades
    Oil shipments to the US dominated previous deals
  • Pangaea poised for reverse merger pathway to Nasdaq
    US-based operator takes delivery of first of six newbuildings ahead of key vote
  • Felixstowe gains Authorised Economic Operator status
    Recognition marks simplified customs procedures and brings commercial benefits
  • Carriers team up on Asia-South Africa
    Coscon and Evergeen join forces with K Line, MOL and PIL on respective services
  • Asia-Europe rates hit an 11-month low
    No let-up as key trade lanes' container prices continue to slide ahead of Golden Week
  • West African suezmax earnings soar $6,000 in a day
    Spate of charters creates hot market
  • Mediterranean trafficking gangs dump boat people near passing ships
    Norwegian Shipowners Association says its vessels rescue hundreds of stranded migrants
  • Let the ballast water convention carry weight
    Governments must shore up standards for systems that block the spread of alien species
  • Australian union plans stop-start working at DP World terminals
    Operator says the disruption is neither required nor deserved
  • Scorpio Tankers newbuildings start charters at $14,750-$30,000 per day
    New York-listed owner agrees to charter in a 2015-built product tanker
  • Ocean Three on target for 2014 launch
    Carriers hope to file agreement with US regulators soon
  • Höegh LNG extends charter for vintage vessel by 12 months
    Gas Natural deal offers a decent rate despite a challenging freight market
  • Waiting for Vale's shot in the arm
    Brokers see possibility of a boost if miner's spot market appetite returns
  • Week on Wall Street | September 26
    Math in a vacuum in the box line market, as the dry recovery looks all wet

Sea-webweb site
SEPTEMBER 26, 2014
  • Pangaea nears US stock listing
    Dry bulk operator Pangaea Logistics could soon begin trading on NASDAQ, pending a reverse merger with blank-cheque company Quartet. Quartet Merger Corp raised $98.5M via an IPO and private placement in November 2013 and listed on NASDAQ. Proceeds are being held in escrow until an acquisition is
  • OSG presses suit vs Proskauer Rose
    New York State Supreme Court Justice Jeffrey Oing has ruled that OSG's malpractice claim against its former outside counsel Proskauer Rose can proceed. As previously reported by IHS Maritime, tanker owner OSG initially filed suit against Proskauer Rose in US federal court in November 2013, alleging
  • Singapore ramps up challenge to London
    Singapore is stepping up its challenge to London as a shipping hub by boosting its involvement in marine insurance and ship finance. Singapore Shipping Association president Patrick Phoon told the association's annual dinner today that working groups had been established to look into the issue. In
  • UPDATE: Nunavik attempts Arctic Northwest Passage voyage - day 8
    As predicted Canadian icebreaker Nunavik did meet continuous new ice coverage yesterday and as we can see from the chart, the speed has dropped slightly from 12.5 to 9.8 Knots. Next part of passage is through the Prince of Wales Strait which is only 4 miles wide at the narrowest. Fednav believe
  • Vale and CMES strike VLOC deal
    Brazilian mining company Vale and China Merchants Energy Shipping (CMES) have agreed to co-operate in iron ore shipping, with the latter to order 10 very large ore carrier (VLOC) newbuildings. Vale and CMES have agreed a contract of affreightment for 25 years. This will be serviced by the 10 new
  • World Maritime Day urges convention ratification
    This year's World Maritime Day has underpinned the importance of ratifying key safety and security conventions. The theme, 'IMO conventions: effective implementation', was chosen as a way to shine a spotlight on IMO treaty instruments that have not yet come into force. Koji Sekimizu,
  • CMA-CGM sets up support centre in Sri Lanka
    CMA-CGM is investing $2.4M to set up a shared service centre in Sri Lanka. This will initially have 750 staff and will support the group's back-end operations for the Asia-Pacific and European regions. It will later expand to serve clients globally. The facility, to be called CMA-CGM Shared
  • China yard official calls for cheaper labour
    China's shipyards should learn from their global competitors and tap cheaper foreign labour, a yard executive has urged. Dengpan Gao, chief engineer of Fujian Southeast Shipyard, told the Offshore Support Vessels Summit China forum that subcontracting new orders to "foreign countries awash with
  • Australia gets tough on groundings
    Australia Maritime Safety Authority chief executive Mick Kinley has warned that the Australian public has a zero tolerance to any environmental damage by shipping. Kinley was speaking on his first official engagement as CEO at an Australian Shipowners' Association luncheon commemorating World
  • 'K' Line sets up cold storage business in Vietnam
    Kawasaki Kisen Kaisha ('K' Line), Japan's third biggest shipping company, will establish a cold storage business in Vietnam with Cool Japan Fund and Japan Logistics Systems. The business will be in the outskirts of Ho Chi Minh. In Vietnam, further expansion of Japanese retail businesses, such as
  • TSC Group to raise $19M
    Hong Kong-listed TSC Group, an offshore solutions provider of drilling packages, plans to raise about HKD$144M ($19M) by selling bonds to replenish its working capital. The bond will carry a coupon rate of 5% and mature on 3 April 2018, a stock filing of TSC Group said. The company needs capital
  • Capesize rates fall on dearth of cargoes
    Capesize rates slid for a third straight week due to thin cargo volumes in Australia and Brazil. The Western Australia-China rate averaged $7.418/tonne as of yesterday's Baltic Capesize Index, compared to $7.85/tonne last week. The Brazil-China route averaged $19.775/tonne yesterday, down from
  • Hanjin Shipping to issue $9.2M in convertible bonds
    Hanjin Shipping, South Korea's biggest shipping company, announced on 26 September that it would issue convertible bonds to raise KRW9.6Bn ($9.2M) for working capital. KDB Daewoo Securities, Samsung Securities, Woori Investment & Securities, Mirae Asset Securities, and Hyundai Securities will each
  • 'K' Line eyes offshore expansion
    Kawasaki Kisen Kaisha ('K' Line), Japan's third biggest shipping company, has revealed plans to build up its capabilities in the offshore marine sector. Company CEO Jiro Asakura stated in its latest annual report that while 'K' Line has stable earnings from its strength in drybulk carriers, car
  • Hanjin Shipping sells Algeciras terminal for $140M
    Hanjin Shipping will sell 75% of its stake in its dedicated terminal in Algeciras, Spain, to a consortium comprising IBK Investment & Securities and Korea Investment Partners for KRW146.1Bn ($140M). The South Korean biggest shipping company will hold on to its remaining 25% stake by investing
  • Asia-South Africa trade network expands
    Taiwanese carrier Evergreen announced yesterday that it would adjust its current joint service with COSCO and contribute vessels to the services operated by K Line, Mitsui OSK Lines (MOL) and Pacific International Lines (PIL), starting October. The carrier will deploy two 4,200teu vessels on the
  • Dawei port plans revived
    Dawei, the long stalled mega-port in Myanmar looks set to be revitalised with an official visit by Thai prime minister, the military general Prayuth Chan-ocha. Next month's official visit, the first overseas trip since the Prayuth-led coup seized power in May, will have Dawei on the agenda
  • Chinese company wins Israel port construction deal
    China Harbour Engineering Company (CHEC), a global leading engineering contractor, has won the contract to build a new port in Ashdod, Israel, reported local media. The NIS3.3Bn ($930M) port will be built about 1km north off the current Ashdod Port, consisting of a 1,000m pier and 2,80m breakwater.
  • Direct India-Myanmar shipping link imminent
    There will be a new cargo ferry service next month between India and Myanmar, as trade links between the two countries start to grow. "I am happy to share that the Liner Division is poised to launch a new container service to Myanmar in the first week of October 2014," Arun Kumar Gupta, chairman and
  • Old large gas carrier secures record rate
    A 21-year-old large gas carrier has secured a historically high rate for a year-long timecharter. Brokers told IHS Maritime that BW Group's 1993-built 57,139m³ BW Havis has been fixed to Singapore-based LPG trading house Petredec for $1.5M per month for 12 months. LGCs typically carry between
  • Chemical tanker rates to pick up
    Chemical tanker brokers expect upwards movement in freight rates for Southeast Asian palm oil shipments to China and India, especially the west coast of the latter country. Singapore-based chemical tanker broker SPI Marine has assessed average freight rates at $35.50/tonne for 12,000-tonne parcel
  • Nha Trang Port to come under provincial control
    Vietnam's Ministry of Transport has told Vietnam National Shipping Lines (Vinalines) to complete transferring Nha Trang Port to the provincial government next month, the Vietnam Ports Association (VPA) has said on its website. The port would be developed to handle international cruise ships and

The Journal of Commerceweb site
SEPTEMBER 26, 2014
  • UASC's CEO says alliances will stabilize market
    United Arab Shipping Co. expects that as mega-alliances increasingly consolidate the container shipping market, freight rates will stabilize, which could be bad news for shippers. UASC's president and CEO, Jorn Hinge, said in an interview with The Wall Street Journal today that he expects less volatility in freight rates as smaller...
  • Ryder expands in Mexico as cross-border automotive business grows
    For insight into Mexico's economic future, consider a trip to the Bajío. The region of north-central Mexico is one of the fastest growing parts of the country, and the recipient of significant direct foreign investment, particularly from automotive manufacturers. El Baj'o is on its way to becoming one of the...
  • Union Pacific track reopened after freight train collision
    Courtesy of the Kansas Highway PatrolUnion Pacific has reopened a portion of its central-Kansas railway after two trains carrying containers collided. Investigators from the National Transportation Safety Board were on the ground on Friday in McPherson County, Kansas, about 50 miles north of Wichita, investigating the crash. Officials told JOC.com it...
  • Chassis fingered as biggest of many problems at LA-Long Beach
    Chassis shortages, huge cargo discharges from big ships and a labor force that is stretched to the limit are contributing to a congestion problem that Los Angeles-Long Beach can't seem to shake. But chassis seem to be the main culprit. "The consensus is that chassis are the most immediate concern," said...
  • Hundreds protest against Nicaragua Canal
    Roughly 500 Nicaraguan farmers protested against the Nicaragua Canal this week, angered that the $40 billion plan includes the seizure of their land. "We do not want the canal to be built. Nobody should come in here and take over our land," said Ronald Enríquez at a march in the southern...
  • Port Canaveral gets clearance for Gulftainer lease
    Port Canaveral is proceeding with the 35-year lease of the Florida port's planned container port to United Arab Emirates-based Gulftainer after the Treasury Department determined that the lease does not require a further security review. The Treasury Department declared that the port's agreement with Gulftainer was a simple lease, not an...
  • Georgia ports eyeing No. 1 spot with $1.3 billion plan
    Georgia Ports Authority Director Curtis Foltz speaks during his annual state of the port address.The East Coast's fastest-growing port could double its capacity in the next 10 years and plans to knock out nearly all competition along the way. Georgia Ports Authority Director Curtis Foltz, during his annual State of the...
  • Spain goes to court for inadequate port security
    The executive branch of the European Union has taken Spain to court over security at its ports. The European Commission said yesterday that 20 Spanish ports have failed to adopt and implement the EU's rules for port security by the deadline which was at the end of 2013. "The main objective of European...
  • Walkout planned at two DP World terminals in Australia next week
    Australian dockworkers are planning to walk off the job next week at DP World terminals in Melbourne and Sydney as part of a contract dispute, according to a report in Lloyd's List Australia. According to the report, members of the Maritime Union of Australia will cease working at DP World in...
  • Moroccan port poised for investment
    The blossoming economy in Morocco is presenting opportunities for port investment, and officials are hoping good news could spur up to $8 billion in new port infrastructure. Moroccan Minister of Equipment, Transport and Logistics Aziz Rabbah told a delegation that Moroccan port authorities are allowing public-private partnerships to speed up investment...
  • Another record high for US intermodal volume
    This week's intermodal volume was a record high for U.S. railroads, breaking the previous record set the week before, according to the Association of American Railroads, again signaling that the peak season is revving up for intermodal shippers as the ocean peak subsides. U.S. intermodal volume rose 5.7 percent year-over-year in the first...
  • Miami reports poor July volumes
    Volumes at Port of Miami continued to dwindle in July, newly released numbers show, but port officials are hoping that throughput volumes will be boosted in subsequent months by new customers and improved trade opportunities. Port of Miami reported a total throughput of 72,628 TEUs in July, 5.3 percent lower than...
  • Trucking lobby 'not letting go' of battle over driver work rules
    Efforts to roll back changes to truck driver hours-of-service rules may have faltered this year in Congress, but Philip L. Byrd, Sr., chairman of the American Trucking Associations, says the ATA is "bound and determined to bring about positive change" in federal trucking regulations. Speaking at the annual McLeod Software...
  • Report due on MOL Comfort sinking
    Japan's ClassNK plans to share findings of its investigation of last year's sinking of the container ship MOL Comfort, which an official of rival classification society DNV GL criticized as having a "non-robust design." DNV GL Vice President Knut Dohlie created a stir with his comments on the MOL Comfort's design...
  • US-bound cargo from Cambodia to face enhanced scrutiny
    Cargo headed to the U.S. from Cambodia will face added scrutiny due to what the U.S. Homeland Security calls inadequate security measures. According to the Cambodia Daily, U.S. authorities asked Cambodia ports to put additional security measures in place for several Cambodia ports in...

TradeWindsweb site
SEPTEMBER 26, 2014
  • Norden takes two
    A leading Danish operator has emerged as the patron behind a pair of period deals sealed Friday afternoon.
  • S&P activity slows
    Asset prices in the dry-bulk segment appear to be stabilising and sale-and-purchase activity seems to be slowing across the board, a leading brokerage told clients Friday.
  • Jumbo jet set
    Today's topic is the aeroplane. For all you maritime types, just think of it as a ship with wings.
  • Arsenal: Nil
    No guns. That's the first rule for foreign private security firms operating in Nigerian waters. The second rule: no foreign private security firms allowed. So how does P2P hope to become market leader in West Africa? Andrew Varney explains his strategy to Paul Berrill
  • Speed queen
  • Atoms for seas
    Jonathan Boonzaier takes a look back at a unique vessel inspired by Dwight Eisenhower.
  • AP Moller disappoints Platou
    Forecasters at a leading European investment bank have downgraded shares of diversified Danish shipping giant AP Moller-Maersk (AP Moller).
  • For Parakou's patriarch, the family that ships together sticks together
    Next year it will be 30 years since CC Liu set up Parakou Shipping in Hong Kong.
  • Something to sing about
    Ion Varouxakis, chief executive of Freeseas, talks opera, sci-fi and art with Andy Pierce onboard his beloved historic yacht, the Aello
  • My walking staff
    The president of Winning Shipping, the company that dominates the transport of Indonesian bauxite into China, has a second passion - outdoor activities. And he is keen to involve his staff.
  • Service charge included
    Related-party payments get a bad press, but they have their defenders. Do such arrangements offer value for money and treat all shareholders fairly? Eric Martin investigates.
  • Taking stock
    Is aggregation the way of the future for maritime spare parts supply, asks Paul Berrill
  • Trust is shipping's most precious commodity
    For too long the shipping industry has believed its own myth that it is unlike any other business.
  • CarVal ship ordered seized
    Cal Dive International has secured a court order to seize a pipelayer owned by Cargill's CarVal Investors unit in a dispute over unpaid bills in the wake of Oceanografia's fraud scandal.
  • Subsea 7 cuts debt
    Oslo-listed Subsea 7 has spent $79.1m on buying back convertible bonds.
  • Zvezda eyes PSVs
    Russia's new Zvezda shipyard could soon start building supply ships or drilling platforms.
  • On the road to $100m
    Andy Pierce traces Christian Andersen on an intercontinental roadshow as Avance Gas seeks to raise cash from investors.
  • Siem takes shipyard
    German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) has been taken over by Norway's Siem Industries in a deal that will take effect by the end of October.
  • CMES seals VLOC deal
    China Merchants Energy Shipping (CMES) has clinched a deal to order 10 new very large ore carriers (VLOCs) for charter to Brazilian miner Vale.
  • Cargoship barred
    The Paris MOU group of European states has banned a Bulgarian cargoship for a year after failing safety checks.
  • GSI closing in on overhaul
    State-owned Chinese shipbuilder Guangzhou Shipyard International (GSI) is edging towards a "significant assets restructuring" but precise details are still hard to find.
  • Crews warned over lines
    Australia's safety board has urged seafarers to beware mooring lines after a crewman's foot was severed at Port Hedland.
  • BigRoll adds third
    Dutch heavy-lift owner BigRoll Shipping has declared one of two options for a module carrier at Cosco Dalian Shipyard in China.
  • Polarcus keeps signing
    Seismic vessel owner Polarcus has signed its third contract in a week and its fourth since late August.
  • TEN gets into VL swing
    Tsakos Energy Navigation is set to boost its MLP prospects with orders for VLCCs amid suggestions oil company demand for the tankers is at the highest level in half a century.
  • Cruiseship saves 300
    A Salamis Lines cruiseship came to the rescue of a distressed fishing boat carrying more than 300 Syrian refugees off the west coast of Cyprus on Thursday.
  • Bulker under the hammer
    A Greek-managed bulker is to be sold at auction in Aruba after Commerzbank foreclosed its mortgage on the ship.
  • Ugland fixes newbuild
    Norway's JJ Ugland has fixed its newly delivered supramax Lunita on a short-term deal.
  • Ferry cash needed
    A Canadian fast-ferry newbuilding plan hinges on a government grant of CAD 14m ($12.6m).
  • Berth of a Princess
    As LNG shipping reaches its golden jubilee, Lucy Hine finds the first 50 years reveal parallels with issues facing the industry today.
  • Baltic change
    Exchange chairman tells Julian Bray how he intends to keep the organisation relevant in the 21st century.
  • My grand ambition
    Paris Kassidokostas-Latsis tells Andy Pierce how he is helping write a new chapter in the decorated history of one of Greece's most famous shipping names.
  • Hurricane coming?
    We take a look at what was said in the market over the past week.
  • Hoegh LNGC lives on
    Hoegh LNG has stretched a charter for an elderly LNG carrier by another 12 months, the company confirmed Friday.
  • Logindo seals charter
    Logindo Samudramakmur has reportedly secured a new vessel charter from Italy's Eni in a deal worth $30m.
  • Eyes help to Navig8
    Navig8 has amassed a 74-tanker orderbook by buying wisely, economically and with strong knowledge of market trends from its roots as a commercial manager.

American Shipperweb site
SEPTEMBER 26, 2014
  • Maersk plans to boost capacity by 425,000 TEU
  • Port Canaveral-Gulftainer deal gets government OK
  • NAFTA trade increases in July
  • Fire halts Chicago air traffic
  • PacAvi to convert A320s, A321s to freighters
  • FMC reviews 25 OTI license applications
  • U.S. economy accelerated 4.6% in 2Q
  • U.S. steel imports fell in July
  • Ryder to manage Chrysler's Mexico cross dock at Altamira
  • Thermo King to reduce reefer emissions in Europe
  • Foltz touts Savannah expansion in annual port address

The Bunker Bulletinweb site
SEPTEMBER 26, 2014
  • Weekly Global Market Report
    A weekly price roundup from bunkering hubs around the world.
  • Carriers: ExxonMobil ECA fuel 'interesting' option
    Agree price and availability will be deciding factors.
  • ARA fuel oil stocks climb week-on-week
    Players say arbitrage window to the East still open.
  • Alliance will save UASC $100 million per year
    Controlling fuel costs is one of a shipping line's biggest challenges.
  • More storage capacity for Fujairah
    Crude oil storage capacity to grow by another 4 million barrels.
  • More ports will join discount schemes, says Sir Richard Branson
    Ports may combine to promote ship efficiency.
  • Maersk Line: Dual-fuel an option
    Higher ECA-related fuel bill makes gas power a possibility.
  • Chinese port joins calls for an ECA in the Pearl Diver Delta
    Hong Kong backs Shenzhen but warns target date of 2018 is 'very aggressive'.
  • Chinese yard wins order for more LNG-fuelled ships
    Client already has orders for two similar vessels.
  • Hybrid-electric vessel to start research operations
    System to reduce fuel consumption by an estimated 75%.
  • Singapore firm eyes Australian bunkering market
    Enters MoU with a 'large multinational fuel trading and distribution company'.
  • Construction started for LNG-capable tanker
    Vessel will serve within the US market under the Jones Act.
  • MARAD injects funds into LNG bunkering research
    Research focused on use of LNG bunkers on the Great Lakes.
  • Maldives bunker player 'close to bankruptcy'
    But government to 'revive' state-owned concern.

›››File
FROM THE HOME PAGE
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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