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Independent journal on economy and transport policy
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BRIEFS
November 9, 2015
Sched Netweb site
NOVEMBER 7, 2015
  • A-E rates down 31pc to US$674/TEU, falling 20pc to USWC and down 15pc to USEC
  • Maersk Line Q3 profit plunges 61pc
  • Maersk's mothball of 18,000-TEU ship a 'wake up call' for industry
  • Lomar Shipping puts in twin boxship order with Guangzhou Wenchong
  • Nordic Hamburg orders four green boxships from Huatai Heavy Industry
  • OOCL cuts low-demand winter sailings and adds new Intra-Asia service
  • Ships calling at some Australian ports to pay higher fees
  • Seaspan's Q3 profit plummets 69pc despite revenue growth
  • Gothenburg port to welcome MSC's 19,000-TEU ships from December
  • Panalpina to buy majority stake in Kenyan freight forwarder specialising in flowers
  • TNT is 'making progress' in finding buyers for its freighter fleet
  • Global air freight volumes edges up 1pc in September
  • AEI wins conversion order from ACG for 15 Boeing 737s

Exim Indiaweb site
NOVEMBER 8, 2015
  • ASSOCHAM's conference on Coastal Shipping & Inland Waterways on Nov. 27 in Mumbai
  • Hamburg Süd awarded HANSE GLOBE
  • Reshamsingh & Co. transports Super ODC consignments from ISGEC, Dahej to RIL, Jamnagar
  • RoRo barge at Cochin Port completes two lakh truck movements
  • Simatech's largest feeder vessel makes maiden call at Adani Mundra Container Terminal
  • Iran may issue fresh licences for Basmati import from India
  • Seafood exports seen dropping 5-10 pc in FY16
  • DP World Operator Training Centre at Mundra goes global
  • Kakinada port to soon launch container operations
  • MPT invites tender for capital dredging
  • NMPT invites EoI to develop fertiliser berths
  • Paradip Port shows improved performance in first seven months
  • Fall in rail freight productivity & increasing costs adding to cost of business, making manufacturing & exports uncompetitive: Fieo President
  • Mobile-based freight brokering a growing trend in trucking operations
  • Double taxation is here to stay, says Mauritius Prime Minister
  • Forex reserves increase to $ 353.637 bn
  • Manufacturing PMI drops to 22-month low in Oct.
  • Rollback safeguard duty, Japanese & Korean cos urge India
  • Steel cos seek more broadbased imposition of safeguard duty
  • Oceans, caught between the devil & the deep blue sea...

International Transport Journalweb site
NOVEMBER 7, 2015
  • London looks to Ningbo
  • Funds to improve transport in Haiti
  • Alpa discusses increasing safety and productivity
  • Innovative rail logistics for delivering raw materials
  • New reachstackers for Strasbourg
  • Sandlin for president
  • Keeping the knot tied
  • IPO casts off in Frankfurt
  • Transporting BMW parts to Great Britain
  • Massive cash injection in Poland's rail network
  • Packing up two new board members for Biek
  • TSA accepts new SDI scanner on ACSTL
  • 24th and 25th Dreamliners fly to Qatar
  • IAG Cargo launches search for new boss
  • Longer loops for more capacity
  • Is marriage on the books for Hanjin and HMM?
  • Warehouse size tripling in Golden state

IHS Maritimeweb site
NOVEMBER 6, 2015
  • Critical mass on horizon for Houston Ship Channel
    A shortfall in vessel and equipment capacity within the Houston Ship Channel is forcing shippers to seek alternatives years ahead of an expected boom in container exports. New petrochemical manufacturing plants scheduled to come online starting in 2017 will produce enough plastic resins to fill 400,000 to 500,000 containers, according...
  • Brazil dam accident could pare bulker demand
    The aftermath of the dam burst. Credit: PAThe deadly collapse of two dams near Mariana, Brazil on 5 November has negative implications for the dry bulk sector, according analysts at JP Morgan. The dam held back residue from an open-pit iron ore mine operated by Samarco, a joint venture between Australia's...
  • FSL Trust Management sees fourfold profit gain in 3Q15
    FSL Singapore. Credit: FotofliteSingapore-listed shipowner FSL Trust Management (FSLTM) posted a profit of USD2.8 million on the third quarter which ended 30 September 2015, almost a fourfold increase from USD0.74 million in 3Q14. Revenue grew by 20% year on year, a two-year high to USD28.4 million in 3Q15, due to improved...
  • Shipping magnate sells tanker stake
    Credit: Greg Miller/IHSPeter Livanos, head of Ceres Shipping, has sold down his interest in tanker company Euronav, marking the second major investor divestment of the past week. Livanos sold nine million shares of Euronav, leaving him with 3,922,684 shares or 2.46%. That divestment follows the sale of four million shares...
  • Polaris Shipping issues bond to raise USD35 million
    South Korea's Polaris Shipping, known as an owner and operator of very large ore carriers, has executed a KRW40 billion (USD35 million) bond issue. The issue will have a maturity period of a year and yield interest of 5.404% per annum. Proceeds from the bond issue will be used for working...
  • Letter from Dr B S Park Chairman & CEO, Korean Register
    Dear Sirs Your article, "KRS to lose Korean class monopoly" published in last week's IHS Fairplay contains a number of factual inaccuracies and potentially damaging implications that we would like to address. The article states that the Korean government's decision to open up the classification of Korean-owned vessels to non-Korean class societies...
  • Bullish Avance Gas Holding reports strong interim results
    Avance Gas VLGC Providence. Credit: Southern Cross MaritimeBigger fleet and firmer freight rates allowed Avance Gas Holdings, the Oslo listed Very Large Gas Carrier owner, contributed to strong interim results, while the board maintains an optimistic outlook for the near future. Group net profit rose to USD72.8 million in 3Q15 from...
  • Offshore service company ASL Marine sees profit rise 82%
    Singapore-listed offshore services provider ASL Marine Holdings, (ASL Marine) posted a profit of SGD5.25 million (USD3.74 million) for first quarter ending 30 September, up 82% year-on-year. This was due to higher revenue from ship-building segment, it said in a statement. The company's revenue grew by 10.8% to SGD75.9 million in 1Q16...
  • AP Moller-Maersk cuts 2015 capital expenditure by 12.5%
    A.P. Moller-Maersk CEO Nils Smedegaard Andersen. Credit: A.P. Moller-MaerskDanish shipping giant AP Moller-Maersk (APM) will cut its 2015 capital expenditure to USD7 billion from an earlier estimate of USD8 billion, group CEO Nils Smedegaard Andersen said at a conference call. "The biggest element of that is the fact that we are...
  • Maersk Line profit falls on weak demand
    Maersk Line had predicted lower results in October. Credit: Maersk LineMaersk Line has reported a fall in operating profit as indicated in a profit warning on 23 October, but the group says the market has developed more weakly than foreseen. The container shipping unit, part of AP Moller-Maersk (APM) group in...
  • Shipping braced for emissions curbs
    Shipping interests are closely following developments in the run-up to the upcoming Paris climate change conference in early December given the possibility that a stricter approach to curbing the industry's CO2 emissions might result from the meeting. It remains possible that the shipping industry could receive specific mention in the blueprint to...
  • Kongsberg Maritime: French President Opens Kongsberg Maritime Supplied Simulator Facility in Le Havre
    On October 6th 2015, French President François Hollande attended the inauguration of France's École Nationale Sup'rieure Maritime's (ENSM) new maritime simulator facility in Le Havre, France. The state-of-the-art new building is customised and designed around a 'ship' configuration, and features an extensive suite of ship's bridge and engine room simulators...

The Loadstarweb site
NOVEMBER 6, 2015
  • Latin America trade may be flat, but there are opportunities - 'think outside the box'
  • Steve Gunning to leave IAG Cargo to become CFO of BA

Marine Logweb site
NOVEMBER 6, 2015
  • Charter extended, LNG fueled PSV will add battery solution
  • First four-stroke in boxship retrofit to burn LNG
  • Neptun Werft to build double ender for repeat customer
  • Falling freight rates hit Maersk Group profits

World Wide Shipperweb site
NOVEMBER 6, 2015
  • Port of Olympia earns clean audit report
  • Matson board gives approval for share repurchase program
  • Port Angeles Coast Guard station to hold annual Veterans Day event
  • Sea-Tac Airport set to add Sprint Airlines to carrier lineup
  • Diana Shipping to extend charter of Kamsarmax dry bulk vessel

Lloyd's Listweb site
NOVEMBER 6, 2015
  • Great Eastern Shipping earnings rise on strong tanker markets
    Time-charter yields of crude and product tankers jump on year
  • Capesize falls as deliveries outweigh scrappings
    All routes fall apart from C5 which shows minor improvement
  • Asia-Europe box volumes down in September
    Seventh consecutive month of traffic declines on key east-west trade, as global volumes fall behind last year
  • Container shipping's Black Friday
    Maersk third-quarter profits drop 61%; Hapag-Lloyd shares make flat debut; freight rates collapse and cargo volumes shrink as problems mount up for hard-pressed industry
  • TEN posts huge third-quarter profit increase
    Tanker owner says attractive period terms underline market's long-term prospects
  • APM Terminals' profits almost halved in third quarter
    Softening demand from key oil producing nations dents operator's bottom line
  • Teekay Corp to issue $200m senior notes in private placement
    Net proceeds to refinance existing indebtedness
  • Nearly a third of Asia-north Europe GRIs gone in a week
    Lingering supply/demand imbalance prevents carriers from sustaining latest price push
  • British polar vessel to escort cruiseship through Northwest Passage
    British Antarctic Survey research vessel will escort non-ice class Crystal Serenity in historic 2016 voyage
  • Purchase options drive IM Skaugen into the black
    Revenues improve on second quarter, but still lag behind those earned last year
  • Lunder steps down from North Atlantic Drilling
    Departure comes amid corruption charges related to time at former employer Vimpelcom
  • Livorno unveils plans for $870m deepwater box terminal
    Several operators have expressed interest with construction tender expected next month, says port authority
  • K Line sets up Dubai joint venture with Sharaf Group
    K Line Shipping & Logistics will use both companies' networks to develop new business
  • Global ports should be ready for LNG bunkering, says MPA
    Asian ports have good potential to offer LNG bunkering services
  • Maersk Line profit falls to $264m as freight rates drop 19%
    Update: Group chief executive Nils Andersen says low growth in the container trades has taken everyone by surprise as world's largest container line reckons demand grew by less than 1% in third quarter
  • First Ship Lease Trust profit rises
    Company will resume cash distributions in future but no timeline yet
  • PSA International inks MOU with Egypt
    Agreement is result of Egyptian president Abdel Fatah al-Sisi's August visit to Singapore
  • One Belt, One Road can help dismal shipping prospects, says Cosco chairman
    Ma Zehua not optimistic about shipping industry in short to medium term
  • Genco deep in the red
    Enters into $98m credit facility to avert liquidity crunch
  • New York Container Terminal to get $30.8m funding for flood project
    Facility will use grant to fund flood resiliency project
  • Tote Maritime wins court order to limit damages
    All past and future lawsuits to be filed in federal court
  • VLGC spot rates slump to 10-month low
    Despite slowdown, participants still bullish on LPG freight market for larger vessels
  • Euronav reaffirms faith in crude tanker market as Livanos sells 9m shares
    Strong fundamentals will continue to underpin tanker market
  • A different class
    The role of class is evolving and this includes the underpinning of a vital technology step-change regarding cyber-systems and risk
  • The big, the beautiful and the market
    With a change in capital structures come new responsibilities
  • MLP setbacks could yield a buy signal
    Shipping industry master limited partnerships have been buffeted by falling oil prices and energy sector volatility, but may still attract investors
  • Bigger, better, stronger, smarter
    Change in one form or another is coming to shipping and the industry has compelling reasons to get ahead of it
  • Despite persistent conflicts, Iraq exerts power over VLCC sector
    But the world's third largest crude exporter may fail to reach full potential due to Isis and sectarian strife
  • Bloc party - how a mega trade deal may boost energy flows
    The TPP and what it means for US-Asia oil and gas trade

The Journal of Commerceweb site
NOVEMBER 6, 2015
  • China's crackdown on surcharges squeezes container lines
    Ministry of Transport of the People's Republic of ChinaChina's crackdown on ocean carrier surcharges, seen by government officials as hurting exporters, is forcing container lines to lower certain charges at a time when their own profits are declining because of overcapacity and rate competition. Eleven carriers including Maersk Line, CMA CGM...
  • North American intermodal rail outlook improving, IANA says
    After a slow year, the outlook for the North American intermodal industry is brightening as service improves, truck capacity tightens and international trade patterns return to normal, according to the Intermodal Association of North America. The first half of 2015 was not a smooth ride for the intermodal industry, but third-quarter...
  • Eastbound trans-Pacific rates plunge by double digits
    Trans-Pacific eastbound spot rates tested new lows this week. The spot rate from Shanghai to the West Coast plunging 20 percent to $1,102 per 40-foot container from the prior week, and the spot rate to the East Coast dropping 15 percent to $2,015 in the same period, according to the Shanghai...
  • CSCL, Cosco in early stages of merger, FMC commissioner says
    A U.S. Federal Maritime Commissioner said he was told earlier this week by representatives of China Shipping Container Lines and Cosco that the container lines are in the early stages of a merger. FMC Commissioner William Doyle told JOC.com that China's two largest container lines are working to be as transparent as...
  • Slide show: Top 10 global transportation providers
    UPS assumed the top spot on the JOC-SJ Consulting Group list of Top 50 Global Transportation Providers in terms of 2014 revenue, pushing Deutsche Post DHL to the No. 2 position. Of the Top 50, 13 companies are located in North America, 19 in Europe, 16 in the Asia-Pacific region,...
  • Asia-Europe spot rate rebound short-lived
    Spot rates from Asia to North Europe and the Mediterranean this week fell 31 percent and 20 percent from last week, respectively, after rates in the last week of October skyrocketed as some carriers appeared to gain some of their Nov. 1 general rate increases. The average spot rate to move...
  • Container lines warily eye Paris climate talks
    Container lines are closely following developments in the run-up to the upcoming Paris climate change conference in early December given the possibility that a stricter approach to curbing the industry's carbon dioxide emissions might result from the meeting. It remains possible that the shipping industry could receive specific mention in the...
  • Nippon Express' half-year net profit sinks
    Nippon Express Co., Japan's largest international freight forwarder, saw its group net profit decline in the fiscal first half on the back of sluggish revenue growth and extraordinary charges. The Tokyo-based company's net profit fell 5.3 percent to 15.2 billion yen ($124 million) on a consolidated basis in the first half...
  • CMA CGM, Maersk mum on NOL takeover report
    LONDON - CMA CGM declined to comment on reports it is in advanced negotiations to acquire Neptune Orient Lines, the Singapore-listed owner of ocean carrier APL. The French carrier has made a preliminary offer for NOL and is conducting due diligence although it has not been granted exclusivity, according to local...
  • Hapag-Lloyd makes lackluster stock market debut
    Hapag-Lloyd made a lackluster stock market debut today with the German ocean carrier's shares hovering around the 20 euros ($22) issue price in early trading on the Frankfurt exchange. "It was a tough fight," Hapag-Lloyd CEO Rolf Habben Jansen said after ringing a 200 pound bronze ship's bell on the floor...
  • Damco swings to $20 million profit
    Damco's recovery gathered pace in the third quarter with the Maersk Group's freight forwarding and logistics unit swinging to a $20 million profit from a $68 million loss a year ago. Revenue was down 15 percent, however, to $719 million from $848 million in the third quarter of 2014, due largely...
  • APM Terminals profit halves
    APM Terminals' profit halved in the third quarter due to a sharp decline in imports of containers into oil-producing countries in West Africa, Russia and Brazil. The Maersk Group's port-operating unit posted a net operating profit of $175 million, down from $345 million in the third quarter of 2014, on revenue...
  • Maersk Line profit plunges 60 percent
    Maersk Line's profit plunged 60 percent in the third quarter from a year earlier as rising overcapacity and lower cargo volumes depressed ocean freight rates to historic lows. The world's largest carrier booked a net operating profit of $264 million, down from $685 million in the third quarter of 2014. Revenue shrank...
  • Allcargo Logistics' profit rises despite flat revenue
    Allcargo Logistics Ltd., India's leading international freight forwarder and port-based logistics provider, reported a 14 percent increase in consolidated net profit for the second fiscal quarter, despite flat revenue, the company said in a filing to the Bombay Stock Exchange on Friday. The company, which has been expanding its global footprint...
  • Canadian trucker Manitoulin expands in Winnipeg
    Canadian trucking company Manitoulin Transport is expanding in Western Canada, opening a new terminal in Winnipeg, Manitoba, to handle increasing demand in the province. "This larger facility increases our ability to provide reliable freight services and enables us to handle the higher volume we're seeing and will continue to see," Don...
  • ODFL shifting drayage business to company drivers
    THOMASVILLE, North Carolina - Old Dominion Freight Line is pursuing a new drayage strategy, converting from an owner-operator to company drayage driver model and shifting resources from the West to East Coast, ODFL CEO David Congdon told JOC.com. "The liberal administration that we're under in Washington has a strong leaning toward...
  • LTL carrier ODFL sees 'tremendous opportunities' for growth
    ODFL CEO David Congdon rededicates the company's renovated headquarters. Photo courtesy ODFL. THOMASVILLE, North Carolina - Old Dominion Freight Line understands utilization, not just of tractors, trailers and containers, but terminals, warehouses and office space. The less-than-truckload carrier rededicated a completely rebuilt corporate headquarters here yesterday, creating 300 new workspaces, a

TradeWindsweb site
NOVEMBER 6, 2015
  • Dam failure in Brazil may impact capesizes
    Equity analyst report notes that Samarco dam failure could hit global iron ore trade
  • Judge rules that Lunder should be released
    But prosecutor appeals decision, keeping Fredriksen group CEO in jail over weekend.
  • Euronav confirms three year VLCC deal
    New York-listed tanker owner adds to time charter coverage with contract for TI Hellas.
  • SSY swoops for Vaagen
    Shipbroking giant buys chemical tanker chartering specialist to strengthen its position in the sector.
  • TEN comes strong in Q3
    Tanker owner increases profitability as it beats market expectations in seasonally low quarter.
  • Gagasan ship unwanted
    Second auction scheduled in Malaysia for owner's fast crew boat.
  • Teekay mulls options for non-core MRs
    Teekay Tankers could sell final two medium range tankers after confirming $10.9m deal.
  • Teekay gears up for $200m bond offering
    Private fundraiser aimed at paying down existing credit facility and replenishing cash.
  • Statoil stretches Eidesvik deal
    Norwegian oil major extends agreement with compatriot offshore owner for LNG-powered ship.
  • Teekay gears up to launch $200m bond offer
    Private fundraiser aimed at paying down existing credit facility and replenishing cash.
  • Venezuelan crude sales on the rise
    US imports 50 cargoes of oil in October, up 9% on September.
  • Hope for AHTS owners
    Rates rise as Ross fixes four North Sea ships; Remoy Shipping lays up PSV.
  • North seeks 2.5% rate rise
    Newcastle based P&I mutual joins the crowd setting modest general increases.
  • Oslo Bors door opens for BW Pacific float
    Stock Exchange board clears the way for products tanker owner to float in Norwegian capital.
  • Maersk Line and CMA CGM plot NOL bids
    Liner giants are reportedly in talks to acquire Singaporean company, media report suggests.
  • Ship Finance sells suezmax at firm price
    John Fredriksen-backed owner continues disposal of older tankers with $21m sale.
  • WDR back at Neptun
    German ferry owner looks to replace a 1992-built vessel with second order at compatriot yard.
  • Monjasa moves into UK
    Danish tanker and fuel group takes over Portland bunker terminal from Aegean Marine.
  • Hapag-Lloyd opens higher after IPO
    German line enjoys fractional price boost as stock debuts in Frankfurt.
  • Fredriksen surprised by arrest of Jo Lunder
    Norwegian shipowner John Fredriksen learned of the Oslo airport arrest of group chief executive by email.
  • Euronav outlook holds after Livanos share sale
    Tanker owner still bullish after chairman sells stock to generate cash to fund other businesses.
  • Van Oord scoops Walney work
    Dutch owner to transport and install 87 wind turbine foundations off the UK.
  • Maersk: no panic
    CEO Nils Andersen says group in good spirits despite lay-offs and profit drop.
  • Teekay Tankers plots change to dividend
    Deutsche Bank places buy rating on shipowner as executives suggest new payout strategy awaits.
  • DSME selling again
    Korean shipyard to offload $159m head office; puts in place $2.8bn short-term loans.
  • Fredriksen shocked by arrest of Jo Lunder
    Norwegian shipowner John Fredriksen learned of the Oslo airport arrest of group chief executive by email.
  • K Line eyes Middle East
    Japanese owner forms new shipping and logistics joint venture with Sharaf Group in Dubai.
  • Western switch boosts Skaugen result
    Gas carrier owner returns to profit in Q3 after moving most of fleet from Asian markets.
  • Teekay pulls down the shutters on Gemini
    Gemini Tankers pool to dissolve after partner Diamond S elects to operate its own fleet.
  • Jo Lunder agrees to step down
    Fredriksen Group chief executive leaves all roles until further notice after arrest in Norway, company says.
  • Maersk Line profit down 60%
    Danish liner giant said freight rates hit historical lows due to combination of oversupply and lower volumes.
  • Rickmers sees boxship rates slide
    Singapore-listed containership owner sees rates for new charters fall by between 25% and 50%.
  • China products demand surges
    LPG, fuel oil and jet fuel imports continued to rise at a blistering pace, latest figures show.
  • Singapore in LNG push
    MPA chief executive calls for development of a regional roadmap for LNG bunkering.
  • Aegean Marine secures Arab loan
    Nikolas Tavlarios-led bunker company teams with UAE banks to refinance Middle East facility.

American Shipperweb site
NOVEMBER 6, 2015
  • NEWS FLASH: Container shipping entering another round of consolidation?
  • USTR publishes full text of TPP agreement
  • Ships facing delays transiting Panama Canal
  • Spot container rates fall back to earth on major trades
  • Panalpina to acquire majority stake in Airflo
  • MISC reports sharp increases in revenues, operating profits
  • RCL joins intra-Asia service
  • Lakes iron ore, limestone trade slips in October
  • "K" Line establishes logistics business in Middle East
  • UASC unveils new mobile application
  • CORRECTION: Spot container rates from Shanghai to the Mediterranean
  • Hanjin container profits plummet in Q3
  • IATA: Airfreight volumes up 1% in September
  • Maersk Group reports lower Q3 profits, revenues
  • House passes $325b transportation spending bill
  • U.S. trade deficit falls 15% in September

The Bunker Bulletinweb site
NOVEMBER 6, 2015
  • Singapore fuel oil prices could firm as arbitrage arrivals falter
    Traders say supplies could tighten.
  • 'Unwinding of OW Bunker has structurally changed the market'
    Mercuria Energy Trading says its Singapore bunker subsidiary has already dealt with over 300 customers.
  • Bunker tanker sale nets $4 million
    Singapore auction has successful first attempt.
  • Monjasa expands European coverage
    With move into English Channel.
  • Maersk Line sees Q3 profits plunge
    'We are not making the money that we'd like to make. Everyone in container shipping is struggling,' says Moller-Maersk's chief executive.
  • Fuel oil homogeniser 'cuts fuel consumption'
    Stena vessels saving fuel while using its product, it claims.
  • Fujairah: Aegean secures fresh loan for oil terminal
    Company agrees more favourable terms.
  • Titan Petrochemicals: Resumption proposal submitted
    Company enters into 'certain agreements' with debtors.
  • AGUNSA: MGO bunker tanker starts operations
    Vessel able to deliver fuel off Antarctic stations and Chilean towns.
  • Aegean secures $120 million credit facility
    Proceeds from loan used to pay outstanding debt from credit facility secured in 2013.

›››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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