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Independent journal on economy and transport policy
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BRIEFS
February 9, 2015
Sched Netweb site
  • Asia-Europe rates fall 8pc to US$1,057/TEU as tranpac rises 13.3pc
  • Hutchison Port Holdings Trust in the 'red' on goodwill impairment
  • Maersk's MCC joins CSCL in expanding China-Myanmar trade route
  • ICTSI goes to the front - boosts it new box shop in Basra
  • Obama's wish-list budget plan would reduce funding for US ports
  • Pirates kill crewman, kidnap 3 while Nigeria busts ships with guards
  • Leftist Greek state to undo new privatisations, but not old ones
  • E-Compliance thesaurus and ontology to rule waves of EU sea law
  • North Pacific will surpass north Atlantic in cargo, predicts OECD report
  • DHL tries out Google 'smart glasses' for warehouse workers
  • CAAS, Aireon strike deal to boost aircraft tracking in Singapore
  • FedEx adds Mexico, Brazil via Germany and Hong Kong from US
  • Pentagon launches flying isolation units for Ebola victims

Exim Indiaweb site
FEBRUARY 6, 2015
  • Global idle box fleet sees significant fall
  • India & Iran mull direct shipping route
  • Kalmar introduces new Gloria reachstacker to boost empty & semi-laden container handling performance
  • New South-East Asian petro-piracy cover launched
  • VOC Port bags gold for outstanding environment management
  • VOC Port planning shipping services to Kollam
  • DB Schenker opens logistics centre in Patna
  • CIL to identify projects to boost coal output
  • INR recovers from early losses against dollar
  • Stable INR preventing importers from hedging currency risks
  • Stainless steel sector to tap mega infra projects for growth
  • Sugar mills banking on export subsidies as production booms
  • eBL & shipper
  • Leading lights from ports, shipping & logistics to grace Gujarat Junction 2015 CEO Roundtable & Cargo & Logistics Awards at Kandla tomorrow

International Transport Journalweb site
  • New highway opens in Malawi
  • ECS and Containerships teaming up
  • Premier Logistics orders SDC trailers
  • Schneck to lead Trapeze Switzerland
  • Rail infrastructure investments in US states
  • ANA confirms aim to enlarge cargo JV
  • Samskip starts new direct rail service to Denmark
  • Partial sale of HPH?
  • Schiemer takes on bevy of new roles at Kukla
  • DSV: success on the sidelines
  • 2014 favoured Europe's airports
  • Brics states - The fragile five stay on course
  • The fragile five stay on course
  • CMA CGM and Hamburg Süd getting even closer

IHS Maritimeweb site
FEBRUARY 6, 2015
  • Pirates sentenced in Spain
    Six Somali pirates have each been sentenced to 16 years in jail for the attempted seizure of a Spanish fishing vessel in 2012. On 4 February Spain's National Court handed down the sentences for piracy and for being members of a criminal gang. The 4,089gt tuna purse seiner Izurdia, owned by
  • Louisiana unveils LNG export project
    Live Oak LNG is proposing to build a $2Bn LNG liquefaction and export facility in Louisiana with the capacity to produce up to 5M tonnes per year. The mid-sized project, announced on 3 February by Live Oak LNG and Louisiana governor Bobby Jindal, will include two 130,000m³ storage tanks as well as
  • Ghent to build $1Bn Terneuzen lock
    The signing on 5 February of the 'Treaty between the Netherlands and Flanders for the construction of the New Lock Terneuzen' heralds the transformation of the ports of Ghent and Terneuzen. Flemish public works minister Ben Weyts and Dutch infrastructure and environmental affairs minister Melanie
  • ICTSI's Basra expansion kicks off
    Basra Gateway Terminal (BGT) in Iraq's Port of Umm Qasr is getting new berths and an overall upgrade as part of a $130M investment programme. The first phase includes a 250m-long quay and 20ha of backup land, with piling for the new quay already under way. On completion, BGT will have 600m of
  • Sri Lanka clears way for 'port city'
    Sri Lanka's new government is to approve a project to build a $1.3Bn 'port city' on reclaimed land next to Colombo harbour, after it had threatened to cancel the Chinese-funded project. A spokesman for newly elected president Maithripala Sirisena said in a statement that the government was happy
  • Wärtsilä to power first CNG carrier
    Finland-based power provider Wärtsilä will provide an integrated propulsion system for the compressed natural gas (CNG) carrier being built for Indonesian state-owned energy company Perusahaan Listrik Negara (PLN). The 110m-long, 2,200m³ carrier is being constructed at the Jiangsu Hantong shipyard
  • Chinese iron ore imports growth set to slow to 7.1% in 2015
    Chinese iron ore imports are forecast to grow by 7.1% in 2015 and break the 1.0Bn ton barrier for the first time, but the growth rate will be almost half that of last year. "According to the China Iron and Steel Association, Chinese iron ore imports may grow as much as 7.1% in 2015 as domestic
  • Heung-A Shipping buys used chemical tanker
    South Korea's Heung-A Shipping has currently bought a 19,991dwt second-hand chemical tanker for KRW27.3Bn ($25.25M). Through a Korea Exchange filing, the company announced that HF Pioneer will be operated through a Bareboat Charter Hire Purchase (BBC-HP) from 30 April 2015. BBC-HP is a commonly
  • MISC profit falls in 4th quarter
    Malaysia-listed shipping line MISC's gross profit increased by 22% year on year to MYR668.2M ($188.2M) for the fourth quarter ended 31 December 2014. However, the increase in gross profit was offset by rising expense costs, bringing the overall profit for the period to MYR991M in 4Q14, down 12% y/y
  • China vessel exports hit record low since 2008
    China's vessel exports fell 14.1% year on year to $23.8Bn in 2014, making a record low since the outbreak of the financial crisis in 2008. The country's vessel exports have witnessed three consecutive y/y falls since 2012, according to customs statistics. China exports the majority of newbuildings
  • Rena salvage on hold pending NZ court decision
    Maritime New Zealand (NZ) on 4 February granted the owners of MV Rena permission to pause salvage work on the remaining wreck of the 47,000-tonne container ship that ran aground on Astrolabe Reef off the northern coast of New Zealand in October 2011. The owners lodged a resource consent application

Marine Logweb site
FEBRUARY 6, 2015
  • Harvey Gulf makes LNG fueling history
  • Banker succeeds Graças Foster at Petrobras
  • ONR unveils prototype robot firefighter
  • Damen introduces FRP hulled fast crew supplier
  • Hull form optimization means fuel savings
  • MAN Diesel & Turbo renews agreement with CSSC
  • QM2 to be fitted with advanced wastewater treatment system
  • BAE Hawaii gets $52 million Navy contract

World Wide Shipperweb site
FEBRUARY 6, 2015
  • Deepening project set to begin for Grays Harbor Navigation Channel
  • Greenbrier making changes to executive-level management
  • Department of Commerce releases U.S. export numbers for last year
  • Coast Guard teams with Port of Astoria to respond to sinking fishing vessel
  • Port of Tacoma CEO to speak at trans club meeting

Lloyd's Listweb site
FEBRUARY 6, 2015
  • One-off impairment hits HPH Trust
    A $2.5bn one-off impairment charge pushes trust to a loss of $2.2bn
  • Lloyd Fonds wants to buy up dozens of KGs
    But lack of bank support has held back plan so far, admits Teichert
  • Costamare eyes further growth in 2015
    Greece-based owner will not rush to charter four uncovered newbuildings
  • ECS and Containerships in latest box tie-up
    European logistics operator and shortsea specialist join forces to expand service coverage
  • Consistent suezmax earnings support faith in segment from investors
    Earnings so far this year are consistent with last year
  • Nigeria gears up to receive six new $1.6bn LNG carriers
    New vessels set to join Nigeria LNG's fleet in 2015 and 2016 as the country expands its LNG export operation to maintain market share
  • Bleak outlook for Asia-north Europe rates
    Spot prices down 48% on year and could fall as low as $300 per teu, warn brokers
  • Lloyd Fonds to convert to listed shipping company
    Goal to build fleet to 20-30 by the end of 2017, says Torsten Teichert
  • Cosco Corp wins $160m to build two specialised ships
    Singapore-listed, China-based shipbuilder secures deals for shuttle tanker and module carrier
  • Tianjin Marine in settlement with Japanese line
    HNA offshoot agrees on $1.4m settlement to 'create a good image'
  • Navios Partners raises $52m from fundraiser
    Update: Proceeds from public offering may be put to more boxship buys
  • MISC Berhad sees mild full-year growth in before-tax profits
    Revenues grew at 3.6% helped by better rates in petroleum transport
  • HHLA Odessa throughput down by one-third
    But improved result at German port operator despite Russia fallout
  • Maersk drops Oakland calls as crisis deepens on US west coast
    ILWU plays "working class" card and names foreign employers in angry riposte to pay offer
  • Tankers: Here's what you'll be earning in 2015
    All routes can expect higher earnings compared with last year, some significantly so, McQuilling's data shows
  • Capes in modest rise
    There was a smattering of the cape sector this week, but the brokers are cautious
  • MOL's car carrier business could benefit from weaker yen and lower oil price
    However, actual impacts remain far from certain, says senior executive
  • Seaco targets further acquisitions
    Container lessor has plans for further growth following the acquisition of Cronos
  • Veniamis elected to lead Greek owners for third term
    Unprecedented four women voted on to shipowners' ruling council

The Journal of Commerceweb site
FEBRUARY 6, 2015
  • US West Coast terminals suspend weekend vessel work
    U.S. West Coast container terminals will suspend operations on vessels this weekend, on both day and night shifts, at all ports, as they seek to dig out of the container backlog that continues to choke their operations. Terminals, however, will maintain gate and yard operations at their discretion. The Pacific Maritime...
  • US intermodal volume experiences strong 2015 start
    Weekly U.S. rail volume hit an all-time high in January and traffic for the entire month was the second-highest ever - even as U.S. West Coast port congestion has hampered international intermodal traffic and spurred some shippers to divert cargo through Canadian ports and the respective rail networks. U.S. railroads in the...
  • Container traffic rises 7.5 percent at federally-owned Indian ports
    India's major ports owned by the federal government reported a year-over-year growth in container volumes of 7.5 percent from April 2014 through January 2015, the first 10 months of fiscal year 2014-15, according to provisional port data compiled by JOC.com. The data showed the 12 publicly-owned gateway ports handled 6.64 million...
  • Porto Itapoa, Brazil, muscles in on competitors
    One traditional group of Brazilian exporters, chicken producers, and one new importer of components, BMW, are helping the Porto Itapoa become a strong regional container port competitor. Porto Itapoa, majority-owned by Hamburg Sud, a major player in the north-south trades, opened for business in May 2012 and has already established itself...
  • West Coast LTL trucker gains expedited business as port delays worsen
    Once the West Coast longshore labor dispute is settled, a mountain of cargo will have to be moved quickly, and trucking companies are getting ready to expedite that freight. That includes trucking operators that rarely touch containers or pass through terminal gates. "We're hearing a lot of concern from customers that...
  • HHLA profit, revenue up despite Russia, Ukraine woes
    HHLA's operating profit jumped 10 percent in 2014 as the largest container handler in the port of Hamburg shrugged off lower Russian feeder shipments and a slump in traffic at its Ukraine terminal that left total volume unchanged from the previous year. Earnings before interest and tax rose to 169 million...
  • SCFI: Congestion and GRIs have Asia-US spot rates on a high
    HONG KONG - Spot rates on the Asia-U.S. trades soared this week as trans-Pacific carriers prepared to slap on another general rate increase and the East Coast route continued to benefit from heavy levels of West Coast port congestion.The Asia-U.S. East Coast spot rate took off, rising by $295 to...
  • Port stake is not for sale, Hutchison says after media report
    HONG KONG - "The market rumor is unfounded," was the terse response of Hutchison Port Holdings when asked to comment on a report that the global container terminal operator was planning to sell a 40 percent stake in the business to a China consortium.A source told the South China Morning...
  • China's Sri Lankan port city is back in play
    CMHI chairman Li Jianhong chats to China president Xi Jinping and former Sri Lanka president Mahinda Rakapaksa (in white) during a visit to Colombo International Container Terminal in 2014.HONG KONG - Beijing's bid to increase its strategic foothold in Sri Lanka was back on track after the island nation's cabinet...
  • Sohar has hub port plans as Middle East food market soars
    HONG KONG - The value of regional food markets in the Middle East will reach $53 billion in 2020, "a perfect recipe for growth," according to Andre Toet, CEO of Sohar Port and Freezone in the Gulf sultanate of Oman. The Sohar executive believes his port can become an important conduit...
  • ILWU deal could hinge on union's demand to fire local arbitrator
    With both the Pacific Maritime Association and the International Longshore and Warehouse Union trying to avoid an employer lockout or a strike by longshoremen, the fate of the current coastwide negotiations could depend on what is largely a local issue. In a teleconference on Wednesday with media from throughout the country,...

TradeWindsweb site
FEBRUARY 6, 2015
  • Fund in Hornbeck stake
    Hedge fund Anchor Bolt Capital has unveiled a significant minority stake in Hornbeck Offshore Services.
  • Navios dips on deal
    Shares of Navios Maritime Partners (NMM) opened lower than the pricing of the company's new $52m follow-on stock sale Friday, and were struggling to inch back to the deal level in midday trading in New York.
  • Ross's Navigator stake shrinks
    Wilbur Ross has unveiled a slightly smaller stake in Navigator Holdings, the New York-listed LPG carrier owner.
  • Pieter Schelte renamed
    Allseas Group has decided to change the name of its mammoth Pieter Schelte vessel, following public outrage over Schelte's Nazi past.
  • HitecVision funds fold
    Two shipowning funds controlled by private equity firm HitecVision have been declared bankrupt.
  • Fredriksen to Flex LNG muscle
    Fearnley Securities has backed Flex LNG to develop into a force in the sector under the ownership of John Fredriksen.
  • VPT pushes up profit
    Vietnam Petroleum Transport (VPT) has increased 2014 profit thanks to asset sales.
  • Dorian 'open' to M&A
    Dorian LPG chief executive John Hadjipateras appeared to leave the door open for potential merger and acquisition activity as he addressed analysts and investors this week.
  • Tankerska IPO falls short
    Croatian owner Tankerska Plovidba's new products tanker spin-off has raised HRK 208m ($30.64m) in its Zagreb IPO, $10m short of its target.
  • Lloyd Fonds into owning
    German finance house Lloyd Fonds is planning a major change of strategy with a EUR 162m ($184m) move into shipowning.
  • Taxing times?
    We take a look at what was said in the market over the past week.
  • Golar buying back bonds
    Nasdaq-listed Golar LNG is to spend up to $50m on buying back a convertible bond issue.
  • FSL sells Torm stake
    Singapore's First Ship Lease is set for a first quarter boost after selling its shareholding in Danish owner Torm.
  • Crewmen airlifted
    A US Coast Guard (USCG) helicopter has evacuated three men injured on a Greek bulker off the west coast.
  • Sun sets on panamax
    Marine Industrial Concerns of Greece has sold its only vessel for demolition, sources say.
  • "Search the rubble"
    Evercore ISI has taken a red pen to its dry cargo forecasts amid the suggestion investing in the space will not be for the faint hearted.
  • CSCL in pole position
    China Shipping Container Lines (CSCL) is the best placed of Asian carriers to benefit from the fall in fuel prices.
  • Otto's PSV duo hired
    Singapore's Otto Marine has won two contracts from an Australian oil major that will see its orderbook boosted by $64m.
  • Cosco Corp confirms orders
    Singapore-listed shipbuilder Cosco Corp has confirmed two new orders worth a combined $160m.
  • Namura raises forecast
    Namura Shipbuilding has raised its full-year profit forecast after an improved showing in the first nine months of the fiscal year.
  • Cruiseship grounds
    All passengers have been evacuated from a Chilean cruiseship that ran aground on a beach on Thursday morning.
  • Kyoei profit slides
    Kyoei Tanker has posted a profit decline for the first nine months of the financial year 2014.
  • Galbraith's capesize crumbs
    A depressed capesize market has seen up to 20 newbuildings swapped for tankers but such moves can do little to lift rates right now, Galbraith's says.
  • Toei Reefer stronger
    Japanese owner Toei Reefer Line has posted a bigger profit in the first nine months despite revenue remaining steady.
  • Atlantska downed
    Croatian bulker owner Atlantska Plovidba has been downgraded by Erste Group as the shipping outlook stayed "poor".
  • Hanjin Heavy loss grows
    Hanjin Heavy Industries has posted a bigger deficit in 2014 as it made loss provisions.
  • Lines expand co-operation
    CMA CGM and Hamburg Sud have reached an agreement to further enhance their existing co-operation.
  • Provisions dent MISC
    MISC has seen fourth quarter net profit decline almost 12% due to a net impairment on the vessels within its fleet.
  • NMM to sell stock
    Navios Maritime Partners is looking to sell up to 4.6m units in the master limited partnership, it disclosed late Thursday.
  • Dalian eyes bond market
    Dalian Port is looking to raise fresh funds from a proposed offering of Renminbi denominated credit enhanced bonds.
  • Logindo raises fresh funds
    Logindo Samudramakmur has successfully raised SGD 50m ($37m) from a bond issue in Singapore.

American Shipperweb site
FEBRUARY 6, 2015
  • NEWS FLASH: PMA to suspend West Coast port operations
  • ILWU says there's open space at marine terminals
  • Maersk Line returns to Boston
  • U.S. exports top $2.35 trillion in 2014
  • ITC continues import duty orders for Chinese kitchen racks
  • Independent truckers praise House aim to trim regulatory burdens
  • Echo acquires Illinois based freight brokerage
  • Spot freight rates from Shanghai to U.S. continue to climb
  • Con-way Freight remains union-free
  • YRC Worldwide finds Q4 profitable
  • Port of Antwerp courts India business
  • Port of Cincinnati expands geographic area
  • Service Announcements: Avianca Cargo, Livingston International and CMA CGM
  • Unicon Logistics sets up U.S. NVO, appoints Ferrulli president

The Bunker Bulletinweb site
FEBRUARY 6, 2015
  • Denmark launches new strategy to combat piracy in Africa
    'It is vital that we do what we can.'
  • Chief executive: 5% fuel saving conservative estimate
    For ship air flow system.
  • ECA rules fail to dent marine traffic
    Baltic port says cargo volumes unchanged in January.
  • Key bunker grade sees prices climb 7%
    Crude prices resume rally.
  • China's 'teapot refineries' cut fuel oil imports
    Traders point to change in tax regulations.
  • Small-scale best solution of LNG bunkering conundrum
    Entrepreneur says investors should look at small-scale infrastructure first.
  • US terminal firm sees improved quarter
    Operating margin of marine storage business increased by four times.
  • Rise in MFM-equipped bunker tankers at Singapore
    Total of 15 MFM-equipped bunker tankers approved to deliver bunkers in the port.
  • Profit up for LPG shipping specialist
    The company spent $5.6 million on bunkers in last quarter.
  • Matson lowers fuel surcharge
    For fourth time in a row.

›››File
FROM THE HOME PAGE
Hong Kong government protests PPC's removal from Panamanian ports
Hong Kong/Beijing
Beijing government spokeswoman stressed that China will firmly protect the rights and legitimate interests of its companies.
European transport associations call for the CEF to be allocated at least €100 billion
Brussels
Chronic underfunding and financial shortfalls are lamented
The Panamanian government assigns the transitional management of the port of Balboa to APM Terminals and the port of Cristóbal to TiL
Hong Kong/Panama
CK Hutchison Holdings denounces the illegality of the terminal seizure and confirms the possibility of legal action.
Panamanian government seizes assets and equipment at the ports of Balboa and Cristóbal
Panama
The Panama Ports Company of the CK Hutchison group has been removed from the management of the two ports
Statement by rail and intermodal transport associations against gigaliners on European roads
Brussels
The current positions of the EU institutions - they denounce - all include elements that risk opening the door to a widespread diffusion of these vehicles.
The mandate of the EuNavFor Aspides mission has been extended until 28 February 2027.
Brussels
A budget of almost 15 million euros has been approved
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
Madrid
Santana: We believe that some aspects of the ETS should be monitored and, where necessary, revised.
Tidewater acquires Brazil's Wilson Sons Ultratug Participações for $500 million.
Houston
It has a fleet of 22 Platform Supply Vessels
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Washington/Suitland
An executive order confirming the suspension of the "de minimis" regime was also signed.
Slight growth in freight traffic in the port of Ancona in 2025
Ancona
Rolling stock slightly down. Passenger numbers significantly down.
Construction of the cruise terminal at Molo San Cataldo in Taranto will begin in October.
London
Global Ports Holding invests over €4.5 million
One dead and four injured on board the cruise ship World Legacy (formerly Moby Zaza )
Singapore
A fire broke out on the unit
SBB CFF FFS Cargo has sold 31 locomotives to Nordic Re-Finance
Bern
The Swiss company plans to equip itself exclusively with vehicles produced by Stadler Rail Valencia by 2035.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Hamburg
Containers boosted the growth. Volumes remained stable in the fourth quarter alone.
In the fourth quarter of 2025, the DFDS Group recorded a net loss of DKK -286 million.
Copenhagen
Last year, cargo traffic in Montenegro's ports grew by 1.6%.
Podgorica
Cargoes to and from Italy alone increased by +64.6%
To APM Terminals the 37.5% of the Southern Container Terminal of the port of Jeddah
The Hague/Dubai
DP World will keep the remaining 62.5%
Continues the bending of the traffic of the container in the port of Los Angeles
Los Angeles
In January decrease of -12.1%. Bown: the state of exports to China seems bad
In the fourth trimester of the 2025 the traffic of the goods in the port of Civitavecchia is increased of +8.6%
Civitavecchia
In the whole year growth was +3.1%
Samskip sells marine and logistic services with the United Kingdom and Ireland to the CLdN
Luxembourg/Rotterdam
The agreement includes rental agreements for over 5,000 multimodal load units
The Antitrust has reopened the procedure on the concentration between the Ignazio Messina & C. and the Terminal San Giorgio
Rome
The International Chamber of Shipping against the new harbour taxes programmed by the US government
Washington
Necessary - the association emphasizes - carefully coordinated political solutions
Norwegian Cruise Line Holdings orders three new ships from cruise to Fincantieri
Miami/Trieste
They are destined to the companies Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises
Hapag-Lloyd and ZIM agreed on a merger agreement
Haifa/Hamburg
The German company will pay up to $2.5 billion
America's Maritime Action Plan proposes a new tax on foreign-built ships from any nation entering U.S. ports.
Washington
It would be used to fund the new Maritime Security Trust Fund
Hapag-Lloyd to acquire Israeli ZIM
Hamburg
The German company will be responsible for international operations, while those in and with Israel will be assigned to the Tel Aviv-based private equity firm FIMI Opportunity Funds.
Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement
Dubai
It Kazim appointed president and Yuvraj Narayan managing director
Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven
Bremen/The Hague
CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa
Hong Kong
Tomorrow will be inaugurated the new container terminal of transhipment of Damietta
Bremen/Melzo
Its ability to annual traffic will rise up to 3,3 million teu
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
Two FMC commissioners call on the US government to take action against Canadian and Mexican ports
Washington
Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged
Annual container traffic handled by the port of Algeciras remains stable.
Algeciras
A 6.2% decrease in the weight of goods in containers was recorded
The EU Commission authorizes Italy to provide financial support for rail operations in ports.
Rome
Incentives for a maximum total of 30 million euros over five years
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.
Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port
Geneva
It occupies an area of over 100 thousand square meters
Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics
Rome
Monthly gross earnings increase at 750 Euros in three tranche
Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management
Sydney
It was unanimously approved by the Australian logistic group Cda
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Livorno
Livorno Reefer to acquire stake in CSC
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
ICS has published its periodic analysis of flag state performance
London
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
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
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
››› Meetings File
PRESS REVIEW
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
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