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Independent journal on economy and transport policy
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BRIEFS
March 23, 2015
Sched Netweb site
  • Asia-Europe down 26pc to US$620/TEU - Transpac off 4pc to $1,748 FEU
  • Backlog shrinks at Oakland after volumes drop 37pc in February
  • CMA CGM in talks to purchase at least three 20,000-TEUers
  • New world shippers group forms to rival Global Shippers Forum
  • Li & Fung profit falls 12pc to US$539 million as revenues rise 1.4pc
  • Pacific shipping lobby gets testy over Florida governor's cargo grab
  • Armed guards face new weapons storage rules for Suez Canal transits
  • Swiss forwarder M+R Spedag Group opens new offices in Vietnam
  • ESC says no to legal action and calls for better co-operation
  • DHL Express to set up third India air cargo terminal in Mumbai
  • DB Schenker to open perishables handling facility at Heathrow
  • Jet Airways to start freighter operations from New Delhi

Exim Indiaweb site
MARCH 22, 2015
  • 'Jal Marg Vikas' likely to be complete in six years, says Radhakrishnan
  • Govt receives suggestions to promote domestic shipbuilding industry
  • iInterchange rolls out next-gen core NVOCC software
  • New source for industry intelligence in ship recycling sector launched
  • Onion exports down by 21 pc in April-Dec.
  • APM Terminals Mumbai records highest Feb. volume
  • Chennai Port crosses 50 mt in throughput this fiscal
  • DNV GL launches advanced hull & propeller performance analytics
  • Govt adds two more ports to facilitate vehicle imports
  • Govt taking measures to improve business at Major Ports, says Radhakrishnan
  • IWAI & DFCCIL sign MoU to develop logistics hubs with rail connectivity
  • Kandla Port should take strategic steps to face the challenge from neighbouring private ports, says Mansukhani
  • Outdated laws on ports to be replaced with new Bill, says Gadkari
  • Paradip Port achieves all-time high throughput
  • Bengal potato exports to get freight subsidy
  • Centre forgoes INR 27,956 cr. revenue to enhance exports from SEZs
  • Cost of infrastructure project overruns at more than INR 2.11 trn
  • India takes up matters affecting exports in appropriate forum, says Sitharaman
  • Pak wants to give India MFN-equivalent status
  • Japan's exports up by 2.4 pc to 5,941.1 bn yen in Feb.
  • Sanjay Kirloskar elected Chairman of CII Western Region

International Transport Journalweb site
  • IDS Logistik lauded for quality
  • State-of-the-art pharma warehouse opens
  • EU to help Romanian transport infrastructure
  • Three veterans reinforce Daseke board
  • Stalwart chosen for VP post at Chep
  • More freight in Asia Pacific, less in Latin America
  • Belarusian Railway investing in service facilities
  • Exploring East Africa's oil and gas market
  • Caro Trans sets up new Asia import service
  • Fedex reports sizeable surge in earnings
  • New front man for Seatruck Ferries
  • Enhancing rail services on Adriatic-Baltic corridor
  • EC Air adds Bamako and Dakar
  • Antwerp relies on windy conditions
  • Switzerland agrees to goods carriage act revision

IHS Maritimeweb site
MARCH 20, 2015
  • Struggling offshore companies fight falling figures
    Offshore operators are being forced to make greater adjustments to survive as total demand for oil wells continues to decline, the OGF Global Amsterdam conference was told today. The offshore market has been hard hit, due to an oversupply of ultra-deepwater drilling rigs, slower than expected growth
  • ZPMC builds world's largest lock gates
    Chinese steel constructor ZPMC has completed four giant lock gates for the port of Antwerp's Deurganck dock lock that will set a new world record. At 70 m long, 11 m wide, 27 m high and weighing 2,000 tonnes each, the gates are 4 m deeper than those at Antwerp's Berendrecht lock, currently the
  • Lenders back Star Bulk newbuildings
    Star Bulk has suffered greater than expected losses but confirmed strong progress on newbuilding finance despite the rate slump. The company, which is the largest US-listed dry bulk player, posted a net loss of USD8.1 million for 4Q14 versus net income of USD54,000 in 4Q13. Excluding special items,
  • Shipping boom in Northwest Passage 'unlikely'
    A melting Arctic is unlikely to attract much commercial shipping through the Northwest Passage because it will remain an unreliable route, according to an expert. "There will be no shipping boom in Canada's Arctic," Jackie Dawson, a geography professor at the University of Ottawa, told the Warming
  • Contargo maintains Rotterdam, Antwerp congestion surcharge threat
    Inland container logistics specialist Contargo said today that it would decide within days whether to impose congestion surcharges because of long waiting times for barge traffic in the ports of Rotterdam and Antwerp. Managing director Heinrich Kerstgens told IHS Maritime that the company would
  • MMEA finds missing vessel off Batu Pahat
    The Malaysian Maritime Enforcement Agency (MMEA) has found a hijacked ship off Malaysia, about 7 nm southeast of Tanjung Labuh, Batu Pahat. The Malaysia-flagged ship was travelling to Labuan, Malaysia, from Singapore on the 9 March when it lost contact with its shipowner after being boarded by
  • Updated: More Costa cruise passengers confirmed dead
    Costa Cruises has confirmed that five passengers - four Italians and one Russian - of its cruise liner Costa Fascinosa were murdered in the terrorist attack at the Bardo Museum in Tunis on 18 March. Eight other passengers - seven Italians and one Russian - were injured in the attack and are
  • 'Buy' for Hanjin, 'hold' for HMM
    Different approaches are advised for investors interested in South Korea's two biggest shipping firms, Hanjin Shipping and Hyundai Merchant Marine (HMM), analysts say in a research note. KDB Daewoo Securities analysts Jay JH Ryu and Choong-hyun Kim said, "Lower oil prices and stable shipping rates
  • Hong Kong to adopt international anti-fouling convention
    Hong Kong will implement the international convention on the control of harmful anti-fouling systems on ships later in 2015. The city's legislators will discuss the Merchant Shipping (Control of Harmful Anti-fouling Systems on Ships) Regulation (AFS Regulation) on March 25, a statement of the
  • DSME unlikely to show improvement before 2016
    Although South Korea's Daewoo Shipbuilding & Marine Engineering's (DSME's) operating profit stabilised in the fourth quarter of 2014, it is unlikely that meaningful improvement in the figure will be seen before 2016, said an analyst in his research note. NH Investment & Securities analyst John Yu
  • Xiamen port's profit down 13% in 2014
    Shenzhen-listed Xiamen Port announced on 20 March that it posted profit of CNY286.7 million (USD46.3 million) for the whole year of 2014, down 12.95% from the CNY329.3 million in 2013. The port's revenue stood at CNY7.5 billion, soaring 56.87% compared with previous year, and its total assets
  • GSI back to black for 2014
    Shanghai- and Hong Kong-listed Guangzhou Shipyard International (GSI) on 18 March posted a net profit of CNY151.5 million (USD24.5 million) for full-year 2014, back to the black from the loss of CNY218.6 million in the previous year. The company recorded revenue of CNY9.5 billion last year, up
  • News analysis: Marine insurers seek clarity on Tunis terror attack liability
    Marine insurers say the question about which insurance policy will pay for the passengers of two cruise ships who were killed and injured in the attack at the Bardo Museum in Tunis is far from clear. The passengers, who were spending the day in the Tunisian capital, were on a tour to the museum and
  • Two vessels collide in Minjiang River, China
    Two vessels collided on 18 March at the Minjiang river mouth in Fujian Province, China, with no casualties reported. Cargo ship Qi Shun 5 collided with sand carrier Bo Yun 111 at an anchorage near the Langqi Bridge, the Donghai Rescue Bureau said today. Qi Shun 5 is owned by Anhui Wanjiang Hongrui
  • Japanese banks to finance 'K' Line LNG carrier
    The Japan Bank for International Cooperation (JBIC), Mizuho Bank and Mitsubishi UFJ Trust, and Banking Corporation will provide USD125 million to finance an LNG carrier that Kawasaki Kisen Kaisha ('K' Line) is building. 'K' Line, Japan's third biggest shipping company, ordered the LNG carrier at
  • Firm CPP demand raises Asian tanker rates
    Firm demand for clean petroleum products (CPP) in Asia has seen freight rates for MR product tankers on the rise this week. As at 19 March, the Baltic Exchange assessed the Singapore-Japan route at Worldscale (W) 156.88 or USD16,778 per day, up USD334 from 18 March. The Singapore-EC Australia rate

Marine Logweb site
MARCH 20, 2015
  • Harley Marine adds two Z-drive tugs to fleet
  • MTU America gets $6.8 million FMS award
  • Horizon's pain is Crowley's gain in Puerto Rico trade
  • GEA Westfalia books first cruise ship BWTS order
  • Rolls-Royce all-gas Bergen engines picked for FLNG
  • LNG-fueled ferry won't reach Quebec until April

World Wide Shipperweb site
MARCH 20, 2015
  • Port of Portland marks opening of PDX Logistics Center I
  • Crowley boosting Puerto Rico service with addition of new flat-deck barge
  • FMCSA posts online link to driver hours study plan
  • Diana Containerships Oks deal to purchase two box vessels
  • IMO launches on-line survey covering ballast water guidelines

Lloyd's Listweb site
MARCH 20, 2015
  • Stopford wins Onassis prize for shipping
    Maritime economist shares 2015 award with Trevor Heaver of Saunder School of Business
  • Storey warns of risks to UK of declining flag
    London's position as a global maritime hub would be harmed if ship register loses its allure, says former Maritime and Coastguard Agency chief executive
  • Tsakos sees next two years as 'looking good' for tankers
    Shuttle tankers and VLCCs among sectors in TEN's sights
  • Pluto LNG export plant restarts production
    Relief for LNG shipping as Pluto shutdown appears to be nothing more than a blip
  • Could the allure of suezmaxes prove fatal?
    They are seen as a good investment; the problem is, everyone else thinks so too
  • Diana Containerships to buy two panamaxes
    Greek owner to splash $43m on duo chartered to Yang Ming
  • Data Hub: World Fleet Update
    Slowdown in idling for the boxship fleet sees the capacity of ships not in use remain at a low level for this time of year
  • Wilh. Wilhelmsen takes over logistics services for Norwegian military
    Seven-year contract will see Oslo-listed owner and associated NorSea Group support armed services
  • Hafnia Tankers in position as tide turns for product tankers
    New product tanker player, with old hands at the helm, wants to grab the opportunities while they exist
  • Freight rates down again
    Asia-Europe freight rates at their lowest level since June 2013
  • Fourth-quarter loss for Star Bulk
    Petros Pappas-led operator is buffeted by a poor market during 2014

The Journal of Commerceweb site
MARCH 20, 2015
  • ILA, USMX say 'no' to Railway Labor Act
    The International Longshoremen's Association and United States Maritime Alliance said they "strongly oppose" any attempt to place the longshore industry's collective bargaining under the Railway Labor Act. The ILA and USMX issued a joint statement saying the longshore industry should remain under the National Labor Relations Act, which governs private-sector bargaining...
  • LA, Long Beach ports making progress on long trek to normalcy
    The daily vessel report Friday from the Marine Exchange of Southern California demonstrates that the ports of Los Angeles and Long Beach are making progress in digging out from the congestion they experienced in recent months, but they still have a long way to go. Container ships at anchor in the...
  • British government pledges to help reduce UK truck driver shortage
    The British government is promising to play an active role in helping reduce a truck driver shortage that trucking companies or hauliers say threatens the U.K.'s economy. In its 2015 budget, released March 18, the government of Prime Minister David Cameron pledged to work with road haulage firms "on an industry-led...
  • West Coast port delays takes some swoosh out of Nike earnings
    Nike had a strong winter in North America thanks to robust consumer demand, but it would have had an even better one were it not for the West Coast labor standoff. Despite what it described as "very strong" demand in North America, "revenue growth was somewhat lower than expected in the...
  • Port of Virginia seeks Customs overtime to cope with congestion
    Near-unprecedented congestion in Virginia has prompted the state port authority there to reach out to U.S. Customs and Border Protection for permission to pay overtime for customs officers working extended operating hours. "We anticipate our application will be there on Monday," Virginina Port Authority spokesman Joe Harris told JOC.com Friday. "But...
  • Vietnam scrutinizing foreign carriers for 'unreasonable' surcharges
    Vietnam will now inspect foreign shipping lines for alleged unreasonable surcharges on local traders, the country's Government Office announced this week. The ministries of finance, transport, and industry and trade will begin a review of all surcharges to see if any violate Vietnam's Competition Law as well as international norms, it...
  • PSA to boost TEU capacity at Sines, Portugal, terminal
    PSA International is investing 40 million euros ($42.5 million) to boost the annual capacity of its container terminal in Sines, Portugal, to 2.5 million TEUs. The Singapore-based company said the extra 800,000 TEUs of capacity is needed to cope with the "robust" growth in traffic and to cater to the increasing...
  • New Crowley barge makes first Puerto Rico voyage
    A container-carrying barge that Crowley Liner Services added to fill a void left by Horizon Lines' exit from Puerto Rico is scheduled to arrive Monday in San Juan on its first voyage. Crowley and Sea Star Line added container-on-barge capacity in the domestic Jones Act trade to Puerto Rico after competitor...
  • US Senate bill could allow rail shippers to get faster service, rate relief
    WASHINGTON - If passed, a reintroduced U.S. Senate bill could help shippers gain faster relief from railroads, both in terms of service and rate challenges. U.S. Sens. John Thune, R-South Dakota, and Bill Nelson, D-Florida, on Thursday introduced the Surface Transportation Board Reauthorization Act of 2015. It's similar to legislation Thune...
  • Rotterdam, Antwerp congestion continues to impede barge services
    German barge operator Contargo doubled down on its warning that it will impose surcharges because of congestion at the ports of Rotterdam and Antwerp, saying it would decide whether to levy higher fees next week at the latest. Waiting times for barges at Rotterdam are up to 92 hours, and although...
  • LA, Long Beach bring recovery plan to legislators, shippers
    WASHINGTON - Representatives from the ports of Los Angeles and Long Beach visit Washington, D.C., every year around this time to meet with legislators, shippers and federal agencies, but their fly-in earlier this week was particularly pointed. Their mission was three-prong. As in past years, port representatives urged legislators and federal agencies...
  • Labor slowdown hits APMT terminal at Mumbai
    APM Terminals-operated Gateway Terminals India, which has borne the brunt of landside congestion-related issues in the Nhava Sheva port complex in the recent past, is again experiencing shipping delays because of labor slowdowns tied to the still-unresolved crane operator contract dispute. "Our outsourced RTG (rubber-tire gantry) contractors have decided to use...
  • PSA boosting Portugal terminal capacity to 2.5 million TEUs
    PSA International is investing 40 million euros [$42.5 million] to boost the annual capacity of its container terminal in Sines, Portugal, to 2.5 million TEUs. The Singapore-based company said the extra 800,000 TEUs of capacity is needed to cope with the "robust" growth in traffic and to cater for the ever...
  • Baltimore ILA local plans contract re-vote March 25
    The largest International Longshoremen's Association local in Baltimore will vote again March 25 on a local contract agreement that union and employer representatives hope will end months of confusion and controversy at the port. Local 333 members rejected the agreement last month in a referendum clouded by reports that the local's...
  • Qatar-based company begins Nhava Sheva-Doha feeder service
    Milaha Maritime and Logistics has kicked off a direct feeder link between Jawaharlal Nehru Port Trust (Nhava Sheva), India, and Doha, Qatar, a route that has seen significant gains in trade volumes in recent years. The new service, reportedly the first of its kind between the two countries, is marketed as...
  • SCFI: No stopping rate slide on Asia-Europe trade
    HONG KONG - Spot rates continued to tumble on the major east-west trades this week with the Asia-Europe price per 20-foot container hitting $620, its lowest rate in more than 18 months, according to the latest reading of the Shanghai Containerised Freight Index (SCFI).The rate has now fallen for seven...
  • Carrier debt hard to sustain amid declining demand, AlixPartners finds
    Source: AlixPartners.HONG KONG - Many container shipping lines have amassed huge debt by ordering mega vessels in a bid to drive down unit costs, but weak demand and an oversupply of tonnage will make it difficult to improve financial performance, according to AlixPartners' 2015 Container Shipping Outlook. Rising fuel prices...

TradeWindsweb site
MARCH 20, 2015
  • Cape clear out continues
    The capsize segment showed signs of life this week but many operators are still anxious to offload ageing tonnage despite talk that rates may continue to gain traction.
  • Suezmaxes slide
    Day rates for suezmaxes that trade in the spot market continued to lose traction today but few forecasters who track the tanker sector appear to be fazed.
  • Euro Pacific lifts DCIX
    A forecaster at Euro Pacific Capital is urging clients to accumulate shares of Diana Containerships in the wake of a transaction that saw the Greek operator purchase a pair of panamaxes for $43m.
  • Big guns grab panamaxes
    Transmed Shipping and Golden Ocean are the latest companies to secure period work for panamax bulkers in a marginally improving dry cargo market.
  • Atlantic sells oldie
    Norway's Atlantic Offshore has continued offloading ageing tonnage with the disposal of a 1970-built rescue vessel.
  • Oman's tanker boost
    Oman is to increase its refinery output to boost exports by 2019.
  • Hindustan safe
    India's state-owned Hindustan Shipyard has escaped closure after winning backing from the defence ministry.
  • Diana takes boxship duo
    Diana Containerships has made good on its promise to acquire secondhand boxships by adding two panamaxes on sale-and-leaseback deals today.
  • Diana bags Nordea loan
    Diana Shipping has added to its acquisition arsenal after signing a new loan with Nordea today.
  • Indian arrest lifted
    An Indian court has released a Russian cargoship that tried to fleet an arrest order last month.
  • WW joins the army
    Norwegian shipping group Wilh Wilhelmsen has deepened its ties with the nation's military after penning a new long-term contract today.
  • Greek panamax sinks
    A 25-year-old panamax bulker has sunk in the Red Sea 12 days ago without causing any casualties or pollution, its Greek managers told TradeWinds on Friday.
  • Meyer ready to spend
    Meyer Werft is ploughing EUR 10m ($10.68m) into its newly acquired Finnish shipyard this year.
  • Siem shuns lay-ups
    Siem Offshore has ruled out the possibility of lay-ups for now as it revealed an organisational overhaul.
  • Tsakos: MLP 'still on'
    Tsakos Energy Navigation retains an appetite for launching an MLP but does not appear tempted by the valuations presently on offer.
  • Docker compensated
    A docker who broke both legs on a Maersk boxship will receive NZD 25,000 ($18,600) in compensation.
  • Optimism rules
    We take a look at what was said in the market over the past week.
  • MSC drops Tunisia calls
    MSC Cruises has become the second company to suspend calls in Tunisia in the wake of a deadly gun attack in the country's most famous attraction.
  • Seychelles jails pirates
    The Seychelles supreme court has convicted nine Somalis of piracy after an attack on a Torm tanker.
  • Tsakos sets S&P targets
    Tsakos Energy Navigation is hoping to increase its VLCC fleet in an improving market and has plans to dispose of some of its older vessels.
  • Titanic plan sinking?
    Australian tycoon Clive Palmer's $500m plan to build a replica Titanic cruiseship has not yet been confirmed at CSC Jinling in China, workers there have said.
  • India's tightrope
    India's government is looking to ease coastal cabotage restrictions without harming domestic lines.
  • Polarcus wins survey work
    Oslo-listed owner Polarcus is to carry out seismic research work off the UK in the second quarter.
  • OSX facing FPSO claim
    Brazil's bankrupt OSX Brasil shipyard has failed to settle a $560.1m debt on time.
  • Star Bulk nearly done
    Star Bulk Carriers is close to completing the funding of its newbuilding programme after signing a new term sheet for up to $227.5m.
  • RIG scraps 'young' drillship
    Transocean has unveiled plans to scrap a modern drillship in the face of the deteriorating offshore drilling market.
  • Star Bulk sinks to a loss
    Star Bulk Carriers reported a fourth-quarter loss Thursday of $8.1m, reversing a modest profit of $54,000 seen a year ago.

American Shipperweb site
MARCH 20, 2015
  • Newsome eyes Charleston as No. 5 box port by 2020
  • China has opportunity to increase intermodal rail
  • Port of Virginia seeks agreement with U.S. Customs on extended gates
  • U.S., Brazil aim to improve trade facilitation
  • Australia's Foreign Investment Review Board approves Toll acquisition
  • BNSF responds to tank car safety surcharge lawsuit
  • Rail reform bill introduced in Senate
  • Service Announcements: CSX and CMA CGM

The Bunker Bulletinweb site
MARCH 20, 2015
  • Weekly Global Market Report
    A weekly price roundup from bunkering hubs around the world.
  • Shipowners 'must forecast adoption' of LNG fuel, says firm
    To help 'plan and execute' investment decisions.
  • Seychelles court convicts Somali pirates
    Each sentenced to 14 years in prison for all three counts.
  • Another dry bulk operator reports a loss
    But Star Bulk Carriers CEO is optimistic for 2015.
  • Singapore: Ample supplies but weak demand
    Fuel oil supply into Asia from the West is expected to rise to a two-month high in April.
  • Russian tax authorities still targeting 'bunker only' calls
    Market source warns clampdown could be coming.
  • Rosneft's bunker sales top 4 million mt
    Sales volumes up 21%.
  • Second go at bunker tanker sale
    Singapore sale set for first of the month.
  • Chemical tanker held in Singapore
    Vessel belongs to Malaysian interests.
  • Fuel from recycled material meets ISO bunker standards
    French producer prepares for entry into global bunker market.
  • LNG-powered ferry completes sea trials
    Vessel has been built in Italy.
  • Malaysia: Vessels held over illegal sludge transfer
    Ships involved owned by Singapore and Malaysian interests, says MMEA official.
  • Valves ordered for Middle East's first LNG-fuelled tug
    Vessel being built at Dubai Drydocks.
  • Vitol group sales slip to four year low
    Company plans to grow downstream business.
  • Hong Kong Legislative Council approves emissions rule
    Legislation to come into effect on July 1, 2015.

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