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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
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the first half of 2025, container traffic in the port of Gioia Tauro grew by +10.5%
Joy Taurus
2,186,211 TEUs were handled
A bulk carrier was attacked in the Red Sea
Portsmouth
The crew abandoned the ship which began to take on water
German government allocates 400 million euros to support energy transition in maritime-port sector
Over 78 million euros to the ports of Augusta and Taranto for offshore wind
Rome
Funds distributed over three years starting from 2025
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
Rijeka Gateway Terminal to become operational in early September
Copenhagen
The first ship at the second container terminal of the Croatian port is expected on September 12
Falteri (Federlogistica) urges us to focus on the development of "polycentric" logistics
Genoa
The Simplified Logistics Zone should be the cornerstone of the strategy
Tsuneishi Shipbuilding Co. acquired Mitsui E&S Shipbuilding Co.
Hiroshima/Tokyo
It was renamed Tsuneishi Solutions Tokyobay Co.
Pessina (Federagenti): Northern European logistics system is struggling. Let's take advantage of it!
Rome
Unexpected opportunity - he underlines - for the Mediterranean ports and Italian ones in particular
MSC Cruises Joins Carnival and Royal Caribbean in Capitalizing on Grand Bahama Shipyard
Miami
Negotiations underway since the end of 2024 have been successfully concluded
At The International Propeller Clubs the Dorso Award for the Mediterranean area
Naples
In recognition of the primary role played by logistics operators in Mediterranean traffic
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