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04 October 2025 - Year XXIX
Independent journal on economy and transport policy
13:41 GMT+2
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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
In August, freight traffic in the port of Ravenna grew by +10.9%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
Federlogistica has established its own representation in the Iberian Peninsula
Genoa
It will support Italian entrepreneurs operating in Spain
Boluda acquires Royal Boskalis' towage and salvage operations in Australia and Papua New Guinea.
Valencia
Transaction valued at $640 million
ESPO urges IMO States to formally adopt the Net-Zero Framework
Brussels
The association also urges the EU Commission to align European standards
The Port of Los Angeles plans to build a new container terminal.
Los Angeles
Invitation to submit expressions of interest
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
Geneva
The most significant growth in PLSCI was recorded by the port of Savona-Vado Ligure (+53.7%)
ONE will not charge surcharges for new US taxes on Chinese ships
Singapore
They will be applied starting from October 14th
Fincantieri and Aeronautical Service sign agreement for the use of composite materials in the naval, civil, and military sectors.
Trieste
Genoa Port Terminal concession renewal approved until 2054
Genoa
The terminal's operating conditions have been redefined, bringing them back to the multipurpose function, in compliance with the ruling of the Council of State and the PRP
PSA Italia-Logtainer and Rail Hub Milano-Medlog have submitted offers to manage the Interporto Padova intermodal terminal.
Padua
Cargo traffic in Chinese seaports increased by 4.5% last month.
Beijing
Containers amounted to 27.7 million TEUs (+6.8%)
The Netherlands is referring to the Court of Justice of the European Union the question of whether to entrust seafarers or dock workers with the lashing operations on smaller container ships.
In the second quarter, container traffic handled by Eurokai terminals grew by +16.4%
Hamburg
Significant growth of 16.1% in Germany. In Italy (Contship), volumes increased by 5.2%.
China enacted regulation in response to US taxes on Chinese-owned and -built vessels
Beijing
The new rules include the possibility of introducing similar countermeasures
New attack on ships transiting the Gulf of Aden
Southampton
UKMTO announced that a fire broke out on a vessel hit by a shell
Le Aziende informanoSponsored Article
ITS Costruttori, il corso di alta formazione per entrare nel mondo di Fincantieri
Carnival closes its best quarter ever
Carnival closes its best quarter ever
Miami
The American cruise group announces a further strengthening of the growth trend in bookings
Marella Cruises sells Fincantieri slots for two new cruise ships to TUI Cruises.
Hannover/Trieste
With a gross tonnage of 160,000 tons, they will be larger than the units originally planned
GNV-Portitalia bridge agreement on lashing operations in the ports of Palermo and Termini Imerese
HMM will not introduce surcharges for new US taxes on Chinese ships
Seoul
The company will not modify scheduled services that stop in the United States
GATX Rail Europe signs sale-leaseback agreement with DB Cargo to purchase 6,000 railcars
Vienna
The transaction will be completed by the end of this year.
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
Bremen
Miscellaneous cargo is growing. Bulk cargo is declining.
India launches nearly $8 billion package to support its shipbuilding and maritime sectors
New Delhi
Shipyard production capacity expected to increase to 4.5 million gross tonnage per year
In the second quarter of this year, freight traffic in French ports fell by -0.4%.
Paris
Dry bulk and rolling bulk trades are declining. Container and liquid bulk trades are growing.
Antin Infrastructure Partners to acquire UK's leading marina operator
Paris/London/New York
It will take over ownership from British private equity firm LDC
Royal Caribbean agrees with Meyer Turku to build Icon ships for a decade
Miami
Order confirmed for a fifth Icon cruise ship and option placed on a seventh unit of the same series
Maersk announces it will not apply surcharges for new US tariffs on Chinese vessels
Copenhagen
The company assures that it will not make any changes to its services
Cochin Shipyard and KSOE enter into strategic collaboration in shipbuilding sector
New Delhi
The creation of approximately two thousand direct jobs is expected
DHL will resume freight shipments from Germany to the United States for corporate customers.
Bonn
They had been suspended due to the removal in the USA of the "de minimis" threshold for goods with a value of less than 800 dollars.
World Business Council for Sustainable Development Statement in Support of the IMO Net-Zero Framework
Ancona: Tax fraud in the shipbuilding sector
Ancona
Over €2.3 million in non-existent tax credits seized
CMA CGM buys British rail freight operator Freightliner
Birmingham
The transaction will be completed in early 2026
Containerized cargo at the port of Algeciras decreased by -9.4% last month
Algeciras
The 20-foot containers handled were 399 thousand (-0.7%)
Italferr participates in Europe's largest railway electrification contract
Rome
Activities within the Rail Baltica project
Freight traffic increased in the ports of Barcelona and Valencia in August
Barcelona/Valencia
In the first eight months of 2025, decreases of -1.6% and -0.3% respectively were recorded
In the June-August quarter, FedEx express courier revenues increased by +3.1%
Memphis
An average of 16.8 million express shipments were handled per day (+3.5%)
Breakthrough in the exploratory tunnel of the Brenner Base Tunnel
Milan/Rome
At 64 kilometers, it will be the longest underground railway connection in the world.
Tender launched for privatization of Croatian shipyard 3. MAJ Rijeka 1905
Zagreb
The starting bid is 6.66 million euros.
To decarbonize, shipping should join forces with other hard-to-abate sectors
London
This is highlighted by a report by Accelleron which believes that a critical mass of demand is necessary to overcome a stalemate phase.
COSCO Reassures Customers on Impact of New U.S. Tariffs on Chinese Vessels
Shanghai
We - the Chinese company assured - will maintain competitive freight rates and surcharges.
Shipping is still far from the target of 5-10% of fuel used coming from scalable, zero-emission sources by 2030
Copenhagen
The need to introduce incentives was underlined
Spain's Boluda acquires Transfesa's intermodal rail freight services.
Valencia
The agreement also includes industrial services, railway maintenance and shunting activities and intermodal terminals.
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Baku
Agreement with the Azerbaijani oil group SOCAR
German and Austrian trailer manufacturers challenge EU regulation to reduce truck environmental impact
Berlin/Brussels
They denounce that its application leads to an increase in traffic volumes and therefore emissions.
The Venice Marghera station has been equipped with a track compliant with European TEN-T standards
Venice
A 740-meter freight track has been opened.
World Shipping Council introduces Cargo Safety Program to prevent ship fires
Washington
It is based on artificial intelligence and traditional goods inspections
Rheinmetall to enter naval shipbuilding sector by acquiring Naval Vessels Lürssen
Bremen
Lürssen Group to focus on megayacht production
The British government is investing half a billion pounds to reduce shipping emissions.
London
Private investments of 700 million expected
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
Cairo
In the first seven months of 2025, a decrease of -10.2% was recorded
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
Port of Livorno: Protests over Gaza must not block operations.
Livorno
The members of the Partnership Body highlighted the need for it to be accessible to all vessels
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
GNV, agreement with Sicilian terminal operator Portitalia is positive.
Genoa
The company specified that the aim was exclusively to temporarily supplement the tariffs.
Two days of work with ESPO in Rome on the Mediterranean and European ports
Rome
Meetings organized by Assoporti
In 2024, 112 million counterfeit items were seized in the European Union.
Brussels
Record estimated value of 3.8 billion euros
Strikes and protests in ports, request for information from the Guarantor
Rome
Request for information from prefects, port authorities, and port authorities
Danaos Corporation has ordered two 7,165 TEU containerships from Dalian Shanhaiguan.
Athens
They will be taken into delivery in the third quarter of 2027
In the second quarter, freight traffic on the Austrian rail network fell by -1.4%.
Vienna
Only domestic traffic is growing
ALS (FBH Group) has acquired 80% of Trans World Shipping and Moda Express of USA.
Rozzano
The two companies have 500 employees and are active in Italy, France, the United Kingdom and the United States.
Circle's revenue increased by 62.1% in the first half of 2025
Milan
Net profit of over 1.0 million euros (+1.8%)
A Ukrainian delegation hosted by the Northern Tyrrhenian Sea Port Authority
Livorno
Cooperation in the field of training and safety at work in ports
The EIB is financing Phase A of Genoa's new breakwater with €300 million.
Luxembourg
The total investment is 937 million euros
This summer, GNV ships carried 1.7 million passengers (+9%)
Valencia
In the next few days the company will take delivery of "GNV Virgo", the first LNG-powered vessel
The project for the expansion, safety improvements, and extraordinary maintenance of the port of Pozzallo has been presented.
Pozzallo
It provides for the construction of the breakwater arm
Fincantieri delivers the new Star Princess cruise ship to Princess Cruises
Monfalcone
It has a gross tonnage of 177,800 tons and a capacity of 4,300 passengers.
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
Filt Cgil calls on port administrators and businesses to join the action against the Palestinian massacre.
Rome
This burden – the union highlighted – cannot be placed solely on the shoulders of dock workers.
The agreement between the Italian Merchant Marine Academy Foundation and the NATO Center in La Spezia has been renewed.
Genoa
The collaboration signed in 2023 has been confirmed
Fischer & Rechsteiner and Gimax International acquire BCUBE's Freight Forwarding business.
Genoa
The completion of the transaction is expected in the next few days
Fermerci outlines a dramatic scenario for the European rail freight transport sector
Rome
Rizzi: There is a real risk of a shift towards exclusively road transport.
Eni completes the sale of a 30% stake in the Baleine project in Ivory Coast to Vitol.
San Donato Milanese
The field was discovered in 2021 and production started in 2023
Sogedim opens a new branch in Modena
Mesero
Initially, the activity will be dedicated exclusively to UK export traffic and will then extend to other European markets.
The new PCTC Grande Svezia has joined the Grimaldi Group's fleet.
Naples
It has a maximum capacity of 9,000 ceu
The Cagliari City Council approves its opinion on the Sardinian Ports Development Plan.
Cagliari
Green light unanimously
The railway sector contributes 1.4% of the European Union's GDP.
Brussels
Study commissioned by CER
In the port of Naples, the Coast Guard has detained the bulk carrier Tanais Dream.
Naples
Serious irregularities found on board
Agreement to accelerate the implementation of robotics in Fincantieri's production processes
Trieste
It was signed with the Friulian Idea Prototipi
Sergio Liardo is the new general commander of the Port Authority Corps - Coast Guard
Rome
He takes over from Admiral Nicola Carlone
DBA to supply new Terminal Operating System for Georgia's Batumi Port
Villorba
The project includes all phases of development, testing and operational testing
Attack on a ship in the Gulf of Aden
Portsmouth
The captain reported hearing an impact in the water and an explosion
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Danilo Ricci has been appointed managing director of Tarros Line.
La Spezia
He has held various positions in Italy and abroad within the group
Permanent discussion table between Confindustria Nautica and Federagenti
Genoa
This is provided for in an agreement signed today in Genoa
In the first half of 2025, cruise traffic in Italian ports grew by +6%
Venice
The twelfth edition of Italian Cruise Day will be held in Catania on October 24th.
SAL Heavy Lift buys two semi-submersible vessels from Pan Ocean
Hamburg
They were built in 2008 and 2012
30% of Sangritana Cargo will be acquired by the Marche-based company Transadriatico
The Eagle
The sale will be completed in the next few days
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
Forum on economic and logistical integration between Ligurian ports, the Northwest manufacturing area, and Switzerland
DEME orders new cable-laying vessel from Singapore-based PaxOcean
Beveren-Kruibeke-Zwijndrecht
It will be built in the Chinese shipyard of Zhoushan
Assoporti will meet at RemTech EXPO 2025 to discuss the green transition in Italian ports.
Ferrara
The Smart Ports Award was awarded to three Port System Authorities
The first shipment of Syrian oil in 14 years arrives at the port of Trieste.
London
Part of the cargo - S&P Global Commodity Insights reports - was unloaded at the Sardinian terminal of Sarroch
In August, freight traffic in the port of Taranto grew by +20.3%
Taranto
The ferry "Drea" was also rejected by the Apulian port, where however it is temporarily stopped
Container traffic at the Port of Los Angeles remained stable in August.
Los Angeles
Volumes expected to decline in the remainder of 2025
Meeting between the port authorities of Jacksonville and Livorno
Livorno
Among the objectives, to start one or more direct services between the two ports
Italian State Railways and ENAC sign an agreement for the use of drones in infrastructure monitoring.
Rome
They will also be used to fly over sections of the railway and road network that would otherwise be difficult to monitor.
A.SPE.DO, the port of La Spezia is essential to ensuring employment, development, and a future for the local economy.
La Spezia
Landolfi: We cannot afford to underestimate its value.
The MIT meets with the heads of the Italian AdSPs
Rome
Meeting on the government's strategic vision for the sector and port reform
Yang Ming orders Hanwha Ocean Co. to build seven 15,880 TEU container ships
Keelung
They will be delivered between 2028 and 2029
Over 40 expressions of interest have been received for the development of the Ukrainian port of Chornomorsk.
Kiev
Today the first meeting of the tender commission
The first commercial ship is expected at the public dock in Largo Trattaroli in Ravenna.
Ravenna
The car carrier "AICC Huanghu" is coming soon
Container traffic at the Port of Long Beach decreased by 1.3% last month.
Long Beach
Empty containers are increasing. Full containers are decreasing.
Assiterminal's Terminal Road Show is starting
Genoa
Cognolato: We want to strengthen our ties with local communities and territories.
Assoporti, the Italian ports' cruise offerings presented at the Seatrade Europe fair.
Hamburg
Giampieri: We are leaders in the Mediterranean area and in Europe
Commander Claudio Tomei, USCLAC president from 2012 to 2024, has passed away.
Viareggio
His strong commitment to improving the working conditions of Italian seafarers
In the first quarter of 2025, cargo traffic in Greek ports grew by +1.4%
Piraeus
Passengers down by -1.1%
HD Hyundai Samho Orders Four New Container Ships
Seoul
Order worth approximately 468 million dollars
Trieste: Fraudulent bankruptcy in the shipbuilding sector
Trieste
Investigation into a company based in Palermo
Container traffic in the port of Hong Kong fell by 7.4% in August.
Hong Kong
In the first eight months of 2025 the decline was -3.8%
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
Container traffic at the port of Singapore continued to decline in August
Singapore
Total volume of goods increased by +1.1%
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
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