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Independent journal on economy and transport policy
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BRIEFS
February 26, 2015
Sched Netweb site
  • Maersk Line profit up 50pc to US$2.3 billion as sales rise 4.5pc in 2014
  • Near normal US west coast work flow, customs 'shutdown' fear baseless
  • Japan's ClassNK to probe safety of steel used to build 20,000-TEU ships
  • Kuehne + Nagel profit up 0.5pc as revenues rise 1.9pc in 2014
  • Malta Freeport facilities attract calls from 2M and Ocean Three ships
  • Singapore GDP up 2.9pc on financial services as most other sectors slip
  • Matson Line profit up 31.8pc to US$70.8 million as revenue rises 4.7pc
  • CSAV-ordered 9,324-TEU Cochrane delivered to merger partner Hapag-Lloyd
  • Cosco combines Greek and Turk feeders to and from its Athens Piraeus hub
  • TNT faces headwinds, but quarterly operating profit up 28pc as sales fall 3pc
  • CMA CGM to be leading port developer in Cameroon with new CT
  • Algeciras may lose box traffic to new West Africa ports
  • Cash rich Westports on prowl for southeast Asian assets to acquire
  • Coldharbour gets nod from UK regulator for ballast water treatment
  • ICTSI adds muscle to Manila operations with new Kalmar reach stackers
  • Visakhapatnam flies thrice weekly to KL, airport now open 24/7
  • Fifty tons of equipment to Uzbekistan wins Volga-Dnepr partner
  • Asia is Canada's No 1 export destination for fresh lobster, seafood

Exim Indiaweb site
FEBRUARY 25, 2015
  • Dachser changes legal form to SE
  • ITIC launches ship management e-learning seminar
  • Oil price collapse should not impact dual-fuel LNG carriers, says analyst
  • Shashi Kiran Shetty conferred Belgian Royalty's highest civilian honour
  • Wishlist of the logistics industry from Budget 2015
  • Govt to spend INR 50K cr. to build smart cities at Major Ports
  • Gulf Petrochem commissions liquid cargo storage terminal at Pipavav Port
  • Obama cuts back funds for ports in proposed budget
  • Service providers at Vallarpadam ICTT call for concerted action to improve handling
  • FIMI wants export duty on iron ore fines scrapped
  • Increase import duty on tyres at par with natural rubber, ATMA urges govt
  • India, Afghanistan & Iran may sign pact enabling sea trade

International Transport Journalweb site
  • Night Star Express cuts CH transit times
  • Lyon-Turin rail link gets go ahead
  • Maersk's logistics backyard Damco suffering
  • Top tier change at Hermes Fulfilment
  • Yes to bigger rail network in Switzerland
  • LPG shipping earnings benefit from cheap oil
  • Finnair Cargo joins IAG's partner plus programme
  • Gaining momentum
  • DB Schenker Americas names new regional CEO
  • Maersk Line: 50% profit increase in 2014
  • G&W acquires Freightliner
  • Johannesburg airport aims to become logistics hub
  • Shipping migrating to Asia says HSH Nordbank

IHS Maritimeweb site
FEBRUARY 25, 2015
  • GenMar, Navig8 crude fleets merged
    General Maritime and Navig8 Crude Tankers have finalised a merger agreement that will create a new industry giant called Gener8 Maritime. The combined fleet will comprise 46 tankers with more than 11 million dwt in capacity, including 28 VLCCs (seven on the water, plus 21 newbuilds), 11 Suezmaxes,
  • Samsung unlikely to realise 2015 order target
    South Korean shipbuilder Samsung Heavy Industries is unlikely to achieve its 2015 order target given current offshore market conditions, an analyst said in her research note. Korea Investment & Securities analyst Kyungja Lee said, "Although SHI management's new order target for 2015 is USD15
  • Harris CapRock offers 'multi-medium' connectivity service
    Harris CapRock Communications has launched the maritime industry's first unified, fully managed satellite, wireless and terrestrial connectivity service called Harris CapRock One. It is designed to reduce customers' voice, data and equipment management costs by offering an "intelligent,
  • Portuscale drops out of classic cruise market
    Lisbon-based Portuscale Cruises has told IHS Maritime that it has given up its attempt to establish itself as an operator of classic cruises. Company founder Rui Alegre said that, in future, the company would concentrate on finding employment for its four vessels through long-term charter to other
  • HSH kicks off another box ship portfolio
    Hamburg ship manager Ahrenkiel and institutional investors have taken over eight distressed container ships financed by HSH Nordbank. The transaction, involving four baby Panamax 4,300 teu and four feeder/Handysize vessels with intakes of between 1,300 and 2,500 teu, is based on the bank's Nautilus
  • Seafarers crushed in Australian port
    Two seafarers have been hospitalised after being crushed between a 1.5-tonne load and the bulkhead of a heavy lift vessel in Port Hedland, Australia, on 23 February. The Australian Transport Safety Bureau (ATSB) yesterday released an initial report on the casualties with the final report due after
  • Maybulk full-year profits down 60%
    Malaysia-listed drybulk shipowner Malaysian Bulk Carriers (Maybulk) posted full-year net profit of MYR17.46 million (USD4.8 million) for the financial year ended 31 December 2014, down 60% from MYR44.4 million in fiscal year 2013. The decline in net profit in FY 2014 was attributed to a weaker
  • Maersk Line 2014 profit soars 50%
    Maersk Line, the container shipping unit in AP Moller-Maersk (APM) group in Copenhagen, has reported a 50% rise in 2014 profit and the parent company board forecasts a further rise this year. Maersk Line net profit rose to USD2.34 billion in 2014 from USD1.51 billion the preceding year. "The EBIT
  • K+N posts 7% cargo growth
    The world's largest ocean freight forwarder, Kuehne + Nagel (K+N), continued to grow faster than the market last year but negative exchange rate effects took their toll on earnings. The volume of cargo it handled increased by 7% to more than 3.8 million teu, whereas global loaded container traffic
  • Shortsea dry cargo market holding up
    Freight rates in the intra-European shortsea bulk and breakbulk trades are defying the slump in the deepsea dry cargo sector, with tonnage supply particularly tight in the Baltic Sea. Spot market earnings for larger coasters and general cargo ships of 3,500 and 6,500 dwt are at their highest levels
  • Russian ship tries to jump arrest in India
    Sevastopol, the Russian cargo vessel that unsuccessfully tried to jump arrest in India last week, is involved in litigation with a local logistics company that has been awarded damages of INR14M (USD224,715), IHS Maritime has learned. The Madras High Court heard a petition from Chennai (formerly
  • Brightoil Petroleum profits up 3%
    Hong Kong-listed Brightoil Petroleum's profits rose 3% year on year (y/y) to HKD561.1 million (USD63.6 million) in the six months ended 31 December, 2014, due to gains in fair value of derivative financial instruments. Its revenues also increased 11% y/y to HKD44.9 billion during the same period, a
  • Analyst: 'Buy' for Hanjin Shipping stocks
    There is currently an opportunity to buy Hanjin Shipping stocks as investors can take advantage of dips caused by seasonally weak freight, said an analyst in his research note. KDB Daewoo Securities analyst Jay Ryu said, "Hanjin Shipping's 4Q14 earnings beat our expectations." Hanjin Shipping
  • 'Difficult' negotiations ahead for Greece
    Speakers at the 6th Greek Shipping Forum in Athens welcomed the spirit of compromise between the Greek government and its international lenders last week, making possible a four-month extension of its loan deal. "It's good that the two sides have come closer together, that a short-term
  • Netwave VDR receives German agency approval
    Netwave Systems BV announced that its new NW-6000 VDR (voyage data recorder) has received a Type Approval Certificate from BSH in Hamburg [the German Federal Maritime and Hydrographic Agency]. The NW-6000 is certified to meet MSC 333 (90) requirements and can be installed on vessels requiring a VDR
  • CSSC raises USD575 mil.
    China State Shipbuilding (CSSC) has raised EUR500 million (USD575 million) by selling three-year term bonds to replenish its working capital. The euro bond has a coupon of 1.7% per year, a statement of CSSC said. It was the first time that the group had raised funds by issuing euro bonds. The bond
  • Vallianz doubles net profit in FY 2014
    Singapore-listed offshore services provider Vallianz Holdings (Vallianz) has doubled its full-year net profit to USD20.4 million for the financial year ended 31 December 2014 as compared with USD10.3 million in FY 2013. The strong net profit was backed by the company's revenue, which surged 669% to
  • South Korea strengthens maritime safety inspection
    South Korea's Ministry of Oceans and Fisheries has assigned 22 safety inspection officers at the headquarters of the ministry and regional offices of maritime affairs as a follow-up measure after the Sewol disaster. Through a press statement on 16 February, the ministry said, "The newly appointed
  • Missing tanker found off Mati City, Philippines
    Singapore-headquartered anti-piracy watchdog ReCAAP information sharing centre has reported that missing tanker MT Rehobot had been found off Mati City, Philippines. According to the report, the Philippines Coast Guard received information about a grounded ship in Barangay Cabuaya, Mati City, on 23

Marine Logweb site
FEBRUARY 25, 2015
  • McDermott and Petrofacs in SURF marketing alliance
  • HOS sells four OSVs to MSC
  • Conrad Shipyard to build first LNG bunker barge in U.S.
  • State of Coast Guard? Under heavy strain
  • Rolls-Royce to power 17 Qatar Coastguard patrol craft
  • Gladding-Hearn books order for high-speed ferry
  • Maersk Group turns in record profit

World Wide Shipperweb site
FEBRUARY 25, 2015
  • Port of Grays Harbor taps Randy Lewis as environmental, engineering services boss
  • American Trucking Associations releases January tonnage index
  • Crowley Liner Services group adding chassis, ISO tanks, boxes
  • Port of Seattle CEO discusses plans for future of organization
  • Matson reports numbers for fourth quarter, full year

Lloyd's Listweb site
FEBRUARY 25, 2015
  • Shipowners' claims 99% renewal retention
    Net gain in members and premiums for small vessel specialist
  • US rail firm buys Freightliner
    UK largest container rail operator acquired in a deal worth $755m
  • Maersk Tankers hits profit while oil division struggles
    Long range two product tankers are the saviours for Maersk Tankers, but picture is less promising for Maersk Oil
  • Ahrenkiel picks up eight boxships from HSH distressed debtors
    German bank looking for more platform deals in 2015
  • Spanish ports brace for industrial action
    Ports fear strike action as negotiations between the Spanish government and unions over port employment reforms get underway tomorrow
  • Siem cuts quarterly losses but warns of uncertain future
    Dramatic fall in oil prices and Russian sanctions of grave concern for reefer industry, says Norwegian operator
  • China State Shipbuilding Corp's bond sales in euro are more than five times oversubscribed
    Chinese state yard group raises $567m for working capital amid falling financing costs in Europe
  • Banks nervous about lending to offshore supply sector
    Oil price crash is making banks think twice about providing finance to offshore supply industry
  • Gard sees biggest renewal gains since 2007
    Double-digit growth in owners' tonnage, says P&I club
  • Kuehne+Nagel ocean volumes continue to grow ahead of market
    Meanwhile ocean profits come under pressure from currency fluctuations and freight rate pressure
  • Nigerian pirates free three VLCC hostages
    Kalamos crew members held since February 3 to be repatriated after hospital check-up
  • APM Terminals net profit jumps nearly 17%
    Virginia sale and healthy volume growth helps profits climb to $900m
  • MOL prepares for big impact of Panama Canal on its growing LNG fleet
    Canal will be cheaper than other routes but challenges exist for LNG carriers transiting the expanded canal next year
  • Tough year for Damco
    Freight forwarding unit records worst return on invested capital performance of all Maersk businesses
  • Genco and Navig8 Crude Tankers agree to merge to form tanker giant
    Georgiopoulos to lead new company, which will have 28 VLCCs once newbuildings are delivered
  • Maersk Line raises the bar with record fourth quarter as full-year profit soars
    Update: Danish carrier signals even stronger 2015 performance: no plans to increase vessel speeds despite lower fuel prices
  • Surplus tonnage will eventually be soaked up by wave of new LNG cargoes
    'Don't panic' says senior LNG expert at Informa LNG conference
  • Maersk group posts record $5.2bn profit as container line powers ahead
    Update: Divestments, shipping and ports underpin group result as oil business slips into red, record fourth quarter for container sector
  • Matson posts 31% profit growth in 2014
    Market growth in Hawaii and Guam underpinned results
  • Seaspan sets terms for 18,000 teu charters
    Lines would have to commit for at least 15 years because of greater risk, says Gerry Wang

The Journal of Commerceweb site
FEBRUARY 25, 2015
  • Fitch says disruptions will lead to permanent loss for West Coast ports
    The credit ratings of major West Coast ports will not be significantly impacted in the short to medium term by the cargo-handling disruptions that occurred during the protracted dockworker contract negotiations, but continued labor problems would cast the ports as unreliable, and would likely lead to permanent cargo diversion, Fitch...
  • US short line acquires largest UK container on rail firm
    Genesse & Wyoming has agreed to acquire 95 percent of the shares of Freightliner, the UK's second largest rail freight company, in a £490 million ($760 million) deal that significantly expands the US rail operator's European footprint. Freightliner, which is majority owned by Bahrain-based Arcapita, is the UK's largest hauler of...
  • Kuehne+Nagel now the largest NVO in U.S. import trades
    Kuehne+Nagel in 2014 became the largest non-vessel operating common carrier serving the overall U.S. import market, knocking longtime leader Expeditors International out of the top spot, according to PIERS, a sister product of JOC.com within IHS. K+N, the Swiss-based third-party logistics provider that is the world's largest ocean freight forwarder, handled...
  • Marad: Loose lips could sink Jones Act ship orders
    Merely suggesting that U.S. domestic ships might be built overseas is enough to jeopardize U.S. orders for ships in Jones Act trades, U.S. Maritime Administrator Paul "Chip" Jaenichen told a congressional budget hearing Wednesday. "Even the discussion of potentially changing the build requirement is enough" to make financiers wary of backing...
  • 65 percent of shippers in JOC survey say they'll divert from West Coast
    The last two months of U.S. West Coast congestion appear to have cemented many shippers' plans to divert cargo to other ports, according to a recent JOC.com survey. Sixty-five percent of 138 shippers surveyed this week said they plan to ship less cargo through U.S. West Coast ports this year and...
  • Home Depot adds $1 billion in e-commerce revenue
    Home Depot hammered home a big gain in e-commerce in 2014, increasing online sales by 36 percent or $1 billion after overhauling its e-commerce direct fulfillment network. The Atlanta-based retailer, No. 3 in JOC.com's ranking of the Top 100 U.S. Importers, opened two direct fulfillment centers dedicated to e-commerce last year,...
  • Rep. Hahn: FMC should investigate PMA actions
    Rep. Janice Hahn, D-Calif., urged the Federal Maritime Commission to investigate the Pacific Maritime Association's "unilateral" curtailing of night, weekends and holiday hiring of dockworkers during recent West Coast longshore contract negotiations. The PMA suspended hiring of International Longshore and Warehouse Union workers for premium-pay shifts in response to what employers...
  • North American intermodal volumes plummet in runup to West Coast settlement
    North American intermodal volumes plummeted as U.S. West Coast port congestion came to a head last week before union and waterfront officials at last brokered a deal Friday evening. Intermodal traffic on U.S., Canadian and Mexican rail networks dropped 32,049 units last week, down 13.3 percent year-over-year, according to the Association...
  • Savannah continues investment with new rubber-tired gantries
    The port of Savannah will add 10 electric-powered rubber-tired gantry cranes this summer, increasing the number of RTGs in the port's container yard operations to 146. The RTGs continue a pattern of heavy investment that is credited with helping the port sidestep congestion that has plagued other U.S. ports over...
  • Brazil trucker blockades enter second week, disrupt soy exports
    A week of road blockades and protests by Brazilian truck drivers is delaying deliveries to ports, reportedly causing fuel shortages in some areas and threatening key exports. Protests over fuel tax hikes spread to 10 of Brazil's 26 states last week, with truckers using their rigs to block more than 70...
  • Kuehne+Nagel posts record results on strong air and ocean volumes
    Kuehne+Nagel posted a new record result in 2014 driven by a return to profit from its inland division and what it described as market-beating growth in sea and air freight traffic. The Swiss-based global freight forwarding and logistics group's earnings before interest, tax, depreciation and amortization grew 4.5 percent to 17.5...
  • APM Terminals, most profitable Maersk Group unit, aims for $1 billion 2016 profit
    APM Terminals restated its target of booking a $1 billion net operating profit after tax in 2016 as it emerged as the Maersk Group's top performing division last year. The Hague-based company, which operates 64 container terminals around the world, achieved a 14.7 percent return on invested capital in 2014, compared...

TradeWindsweb site
FEBRUARY 25, 2015
  • DRYS sees red
    DryShips racked up a loss in the fourth quarter but George Economou is confident that the diversified Greek operator will triumph over turbulence in key markets.
  • Suezmaxes sparkle
    Asset values are on the rise in many corners of the tanker market but some segments are seeing greater gains than others.
  • 'No value' in Copenship arms
    Copenship's subsidiaries, including its dry-bulk and multipurposeship (MPP) arms, have been written off as providing no value for the company as its bankruptcy continues in Denmark, the latest filings reveal.
  • Ridgebury's strong finish
    Ridgebury Crude Tankers (Ridgebury) made waves Wednesday after reporting a fourth-quarter profit that exceeded gains generated by some of its closest competitors in the same period.
  • Egos aside
    The big VLCC merger between General Maritime and Navig8 Crude Tankers was not as driven by a common partnership with Oaktree Capital Management as might be assumed in the market.
  • Milaha makes more
    Qatar Navigation (Milaha) has posted a rise in profit for 2014 as its tankers and gas carriers improved.
  • Lauritzen slashes loss
    Danish bulker and gas carrier owner J Lauritzen has cut back its 2014 loss despite big one-off impairments and provisions in the final quarter.
  • ABG to be sold?
    The controlling shareholders of loss-making ABG Shipyard are in talks to sell the business, Indian reports claim.
  • Tankers boost FSL
    Singapore's First Ship Lease Trust (FSL) has benefited from higher spot tanker rates to post stronger fourth quarter and full year earnings.
  • Rem held back in Q4
    Norway's Rem Offshore has seen profit fall in the fourth quarter as financial losses rose.
  • Ahrenkiel buys eight
    Hamburg's Ahrenkiel Steamship has taken on eight boxships from the distressed loan portfolio of HSH Nordbank.
  • Gener8 ready to roll
    General Maritime (Genmar) and Navig8 Crude Tankers have confirmed a tie-up that will run 46 ships, including 28 VLCCs.
  • Algoma on the rise
    Canadian owner Algoma Central Corporation has posted stronger fourth-quarter earnings as profit jumped for products tankers and domestic bulkers.
  • DFDS ups earnings
    Danish ro-ro group DFDS has posted an improved profit for 2014 as North Sea freight operations boosted its bottom line.
  • Kalamos crew freed
    Three seafarers kidnapped from a Greek VLCC off West Africa earlier this month have been released.
  • Wisdom ordering again
    Taiwan's Wisdom Marine has lined up another bulker newbuilding contract in Japan.
  • Maersk to sell bank stake
    AP Moller-Maersk is lining up another huge asset disposal as it finally decides to cash in on its holding in Danske Bank.
  • Maersk posts record profit
    Danish shipping giant AP Moller-Maersk has unveiled its best-ever annual profit in 2014 as Maersk Line prospered and Maersk Tankers rebounded from a loss in 2013.
  • Write-downs dog DESS
    Deep Sea Supply (DESS) has sunk to a loss of $12.2m in the last quarter of 2014 hurt by over vessel impairment costs.
  • Golar LNG posts loss
    Golar LNG has reported a fourth quarter loss of $38m driven mainly by write-downs of $32.7m, the company confirmed Wednesday.
  • Tanker giant born
    General Maritime and Navig8 Crude Tankers have finalised terms of a merger that will create one of the world's largest owners of VLCCs, market sources tell TradeWinds.
  • Diamond six dumped
    Diamond Offshore has received notices to cancel up to six long-term rig charters in a move that could cost it $750m in lost revenues.
  • Solstad ends in the red
    Foreign exchange losses have pushed Solstad Offshore to a fourth quarter loss of NOK 363.4m ($48m), figures just released show.
  • Bunkers to be unloaded
    Work to remove bunkers from a DFDS general cargo vessel that ran aground off Scotland last week is expected to begin Wednesday.

American Shipperweb site
FEBRUARY 25, 2015
  • Port Disruption Damage Ticker
  • A.P. Moller Maersk reports record $5.2 billion profit for 2014
  • Kuehne + Nagel meets 'ambitious' financial targets for 2014
  • Seabury forecasts annual ocean freight growth at 5.3% through 2018
  • Matson reports higher profits in 2014
  • FPS introduces new LCL service connecting the Netherlands with Russia
  • JDA study finds lack of usage in inventory, transportation systems
  • Air freight market heats up as West coast port congestion worsens
  • Service Announcements: Hyster, Finnair Cargo and CEVA Logistics

The Bunker Bulletinweb site
FEBRUARY 25, 2015
  • GAC Trinidad & Tobago receives latest ISO certification
    Firm awarded with ISO 9001:2008 certification.
  • Qatar Coastguard opts for Rolls-Royce high-speed engines
    $24.5-million contract also includes waterjets propulsion systems.
  • Military port deal struck between Russia, Cyprus
    Agreement allows Russian military ships to dock at Cypriot ports.
  • Research institute bags EPA contract for emissions testing
    Scope of $20-million deal includes evaluation of all types of fuels and additives.
  • Price hike for dock services imminent at Houston oil storage facility
    Despite alleged complaint.
  • WesPac signs LNG bunker barge contract
    Envisages building additional vessels.
  • Maersk Line efficiences cut bunker spending by $98 million
    Sustainability Report repeats fears that ECAs are being weakly enforced.
  • MPA to enforce revised bunker regulations from September
    Changes to SS600 and SS524 were announced last year.
  • DFDS sees profit rise
    CEO calls results a 'solid performance'.
  • Maersk Line reaps the benefits of falling bunker costs
    Annual profits up by 50%.
  • Analyst: Team approach best way to minimise credit risk
    Can Ertem speaks at Gibraltar conference on Thursday.
  • Bunkers pumped off DFDS ship
    Thought to involve 150 metric tonnes of fuel.
  • Qatari fuels supplier stays in black
    Company had disposed its bunkering facility in 2013.
  • Finnlines in profit for 2014
    Company reduces fuel consumption by 7%.
  • Brightoil books H2 profit growth
    Company benefits from OW Bunker's fall.
  • Dan-Bunkering head leaves Singapore branch
    No comments over the move which has been reported by Danish media as a 'dismissal'.
  • South Korea market facing limited bunker avails
    Offers from majority of suppliers to start from March onwards.

›››File
FROM THE HOME PAGE
Marsa Maroc and CMA CGM have formalized the agreement for the management of the new West Terminal at the port of Nador West Med.
Paris
It will become operational in 2027
SAS (MSC group) will exit Moby by selling 49% of its capital to Onorato Armatori
Rome
The AGCM announces that the commitments presented dissolve the structural and financial ties that had motivated the start of the investigation
Moving the cruise terminal in Trieste is being considered.
The UIRR is disappointed by the European Commissioners' intention to withdraw their proposed amendment to the Combined Transport Directive.
Brussels
The sector - the association underlines - needs a framework legislation
Sparks fly between the League and Brothers of Italy over the appointment of the presidents of the Port System Authorities.
Rome
Salvini accuses the majority party of obstructing them, absolving Giorgia Meloni from any responsibility
In the third quarter, freight traffic in the port of Taranto decreased by -22.9%
In the third quarter, freight traffic in the port of Taranto decreased by -22.9%
Taranto
Decline in all main product segments except liquid bulk
Kuehne+Nagel announces cost reduction program
Schindellegi
In the third quarter of this year, net sales fell by -6.8%
In the third quarter, DSV recorded a net profit of DKK 2.2 billion (-24.1%).
Hedehusene
Revenues rose 63.2% to a record $72 billion.
Fedespedi and Assiterminal are asking the Ministry of Transport for clarification and changes to the rules governing truck waiting times for loading and unloading.
Milan
Federlogistica: Before launching the port reform, a discussion with operators is necessary.
Genoa
Falteri: No reform can work unless it arises from a true, structured, and ongoing dialogue.
In the third quarter, freight traffic in Spanish ports increased by +0.7%
Madrid
Container cargo and dry bulk volumes are declining
ESPO calls for continued efforts towards a global solution on ship emissions despite referral to IMO
In the third quarter, freight traffic in the port of Antwerp-Bruges decreased by -2.8%.
In the third quarter, freight traffic in the port of Antwerp-Bruges decreased by -2.8%.
Antwerp
In addition to bulk cargo, containers also decreased
Luka Koper and CEVA Logistics launch joint venture for car traffic in Slovenian ports
Koper
CMA CGM has signed a declaration of intent
Greer (USTR): Chinese retaliatory measures will not prevent US from rebuilding its shipbuilding base
While for many the postponement of the Net-Zero Framework should be seen as an opportunity, for others it derails the path to decarbonisation of shipping.
Norwegian Cruise Line Holdings ships will refuel with renewable fuels in the port of Barcelona
Miami
Eight-year agreement with Spain's Repsol
The IMO MEPC has decided to postpone the vote on the shipping decarbonisation strategy by one year.
London/Brussels
Kazakhstan (ICS): Industry needs clarity. T&E, there's a risk that the agreement, even if adopted in a year, won't enter into force before 2030.
ESPO welcomes the EU Parliament's recognition of the role of ports in strengthening mobility and military resilience.
Brussels
Ryckbost: We hope that these points will be reflected in the final compromise text.
PSA Genova Pra' terminal authorized to accommodate two 400-meter container ships simultaneously
Genoa
Yesterday the "COSCO Shipping Taurus" and "Evelyn Maersk" moored, both 20,000 TEU vessels.
Salvini, the port reform aims to create a national port network capable of overcoming fragmentation
Rome
The relaunch of an integrated vision of the planning and programming of all port investments is foreseen
Port of Los Angeles Sets New All-Time Quarterly Container Traffic Record
Los Angeles
Port authorities are concerned about the impact of new taxes on Chinese ships and cranes.
HMM invests $2.8 billion in the construction of 12 13,000 TEU containerships and two VLCCs
Seoul
The ships will be delivered by April 2029
Filt Cgil, concerned about the TAR ruling on self-production in the port of Salerno.
Pirate attacks on ships increased by 37% in the third quarter
Pirate attacks on ships increased by 37% in the third quarter
Kuala Lumpur
The Singapore Straits region remains at high risk
Appointments of Port Authority presidents and port reform remain stalled, according to port operators at La Spezia.
Appointments of Port Authority presidents and port reform remain stalled, according to port operators at La Spezia.
La Spezia
A heavy brake - they underline - on the principles of participation, transparency and control provided for by the current legislation
In Indonesia, two accidents on the same ship at the same shipyard cause 14 deaths.
Batam
This morning a second explosion on the FSO "Federal II"
South Korea's Hanwha Ocean has been implicated in the trade war between the US and China.
Beijing
Beijing also took countermeasures against five US subsidiaries of the shipbuilding group
Port of Singapore set new all-time container throughput record in third quarter
Singapore
By weight, however, this cargo volume recorded a decrease of -1.8%.
Green fuel producers support IMO's shipping decarbonization strategy
London
The importance of introducing incentives for green e-fuels was underlined
In August, freight traffic in the ports of Genoa and Savona-Vado increased by +2.5% thanks to the increase in bulk cargoes
Genoa
Various goods fell by 14.4%. The Spediporto Conference
The US threatens retaliation against states that vote to approve the Net-Zero Framework.
Washington
"Our fellow IMO members," Rubio, Wright, and Duffy warned, "should be warned."
Wallenius Wilhelmsen: New US port tax on car carriers is higher than expected.
Oslo
From tomorrow they will rise to 46 dollars per net ton
USTR announces heavy tariffs on port cranes and other handling equipment made in China
Washington
100% additional tariffs on ship-to-shore port cranes
Salvini reassures the port of Livorno of the additional resources needed for the new Darsena Europa.
Livorno
Even a hundred million euros more - the minister stated - will not block the development of the airport.
Chinese taxes on US ships effective October 14
Chinese taxes on US ships effective October 14
Beijing
Beijing's response to the taxes that will be imposed on Chinese ships calling at American ports
In the third quarter of this year, cargo traffic in Turkish ports grew by 4.6%.
Ankara
Volumes with Italy increased by +7.3%, with a sharp increase in containers (+32.2%)
Taiwanese Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenue
Taipei/Keelung
In the period July-September, decreases of -36.7%, -42.2% and -35.7% were recorded
ASA, ECSA, ICS, WSC, ITF, IAPH and IBIA call for approval of the Net-Zero Framework
Brussels
Only global standards - they underline - will be able to decarbonise a global industry.
Zanetti (Confitarma): ensure the competitiveness of the Italian armaments industry with support tools suited to the sector
Rome
In the second quarter, freight traffic in the ports of Naples and Salerno recorded drops of -5.3% and -3.2%
Naples
Cruise passengers on the rise
New US tariffs will have a strong impact on containerized imports into the US in the coming months
Washington
National Retail Federation and Hackett Associates forecasts
In 2024, freight transported by rail by the Spanish company RENFE Mercancías decreased by -12.0%.
Madrid
The financial year ended with a net loss of -32.2 million euros
ZIM will not apply surcharges for new US taxes on Chinese vessels
Haifa
The new US tariffs will take effect on October 14th.
ABB sells its robotics division to SoftBank Group Corp. for $5.4 billion
Zurich/Tokyo
ABB Robotics employs approximately 7,000 people
Federlogistica calls for acceptance and implementation of the regulation on waiting times for heavy vehicles.
Genoa
Falteri: essential protection for the regularity, safety, and economic sustainability of road haulage companies.
Ten European rail associations call for acceleration of TEN-T network completion
Brussels
The need to ensure sufficient funding for the implementation of interoperable systems at European level was highlighted
SAAM Towage to Complete Acquisition of Entire Share Capital in Colombia's Intertug
Santiago
An agreement was signed to obtain the remaining 30%
Last August, the Suez Canal was crossed by 1,070 ships (-3.3%)
Last August, the Suez Canal was crossed by 1,070 ships (-3.3%)
Cairo/Ismailia
In the first eight months of 2025, maritime traffic fell by -9.4%
Port of Salerno: Work resumes to complete the "Porta Ovest"
Naples/Rome
Cuccaro appointed special commissioner of the Central Tyrrhenian Port Authority. Annunziata resigns.
Renewal of concession for Croatian shipyard Iskra Shipyard
Sebenico
The naval-mechanical plant will be expanded to an area of 11,000 square meters
In August, freight traffic in the port of Ravenna grew by +10.9%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
Federlogistica has established its own representation in the Iberian Peninsula
Genoa
It will support Italian entrepreneurs operating in Spain
Boluda acquires Royal Boskalis' towage and salvage operations in Australia and Papua New Guinea.
Valencia
Transaction valued at $640 million
ESPO urges IMO States to formally adopt the Net-Zero Framework
Brussels
The association also urges the EU Commission to align European standards
The Port of Los Angeles plans to build a new container terminal.
Los Angeles
Invitation to submit expressions of interest
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
Geneva
The most significant growth in PLSCI was recorded by the port of Savona-Vado Ligure (+53.7%)
ONE will not charge surcharges for new US taxes on Chinese ships
Singapore
They will be applied starting from October 14th
Fincantieri and Aeronautical Service sign agreement for the use of composite materials in the naval, civil, and military sectors.
Trieste
Genoa Port Terminal concession renewal approved until 2054
Genoa
The terminal's operating conditions have been redefined, bringing them back to the multipurpose function, in compliance with the ruling of the Council of State and the PRP
PSA Italia-Logtainer and Rail Hub Milano-Medlog have submitted offers to manage the Interporto Padova intermodal terminal.
Padua
Cargo traffic in Chinese seaports increased by 4.5% last month.
Beijing
Containers amounted to 27.7 million TEUs (+6.8%)
The Netherlands is referring to the Court of Justice of the European Union the question of whether to entrust seafarers or dock workers with the lashing operations on smaller container ships.
In the second quarter, container traffic handled by Eurokai terminals grew by +16.4%
Hamburg
Significant growth of 16.1% in Germany. In Italy (Contship), volumes increased by 5.2%.
China enacted regulation in response to US taxes on Chinese-owned and -built vessels
Beijing
The new rules include the possibility of introducing similar countermeasures
New attack on ships transiting the Gulf of Aden
Southampton
UKMTO announced that a fire broke out on a vessel hit by a shell
Carnival closes its best quarter ever
Carnival closes its best quarter ever
Miami
The American cruise group announces a further strengthening of the growth trend in bookings
Marella Cruises sells Fincantieri slots for two new cruise ships to TUI Cruises.
Hannover/Trieste
With a gross tonnage of 160,000 tons, they will be larger than the units originally planned
GNV-Portitalia bridge agreement on lashing operations in the ports of Palermo and Termini Imerese
Palermo
The direct intervention of the AdSP commissioner Tardino was crucial - explain Filt, Fit and Uilt
HMM will not introduce surcharges for new US taxes on Chinese ships
Seoul
The company will not modify scheduled services that stop in the United States
GATX Rail Europe signs sale-leaseback agreement with DB Cargo to purchase 6,000 railcars
Vienna
The transaction will be completed by the end of this year.
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
Bremen
Miscellaneous cargo is growing. Bulk cargo is declining.
A new record in cruise traffic is expected in Italian ports in 2026
Catania
In Catania, Risposte Turismo presented the new edition of the "Italian Cruise Watch" report.
Quarterly freight traffic growth at the port of Barcelona. Declining in Algeciras.
Barcelona/Algeciras
In the period July-September, percentage variations of +1.8% and -4.1% respectively were recorded
Fincantieri launches the first integrated underwater drone system
Trieste
Tested at the Naval Support and Experimentation Center in La Spezia
Filt Cgil: The method adopted to define the port reform is unacceptable.
Rome
The union denounces the lack of involvement of workers' representatives and the lack of prior consultation.
General Assembly of Logistics: Northwest Alliance Renewed
Turin
Liguria, Lombardy, and Piedmont Regions, MIT, RFI, and Ferrovienord Sign Agreement
Konecranes reports quarterly revenue decline while orders rise.
Helsinki
In the period July-September, orders acquired for 1.15 billion euros (+20.1%)
GNV has taken delivery of the new ro-pax GNV Virgo in China
Genoa
It is the first ship powered by liquefied natural gas in the company's fleet.
A new maritime service for rolling stock to North Africa is underway at the Vado Ligure Reefer Terminal.
Vado Ligure
Connection with the Libyan port of Misurata
Grimaldi and China Merchants Shenzhen RoRo Shipping sign cooperation agreement
Naples
Expected to offer greater capacity and a broader and more efficient service network to support Chinese exports
The 2026 budget forecast and the POT of the Port System Authority of the Southern Tyrrhenian and Ionian Seas have been adopted.
Gioia Tauro
Piacenza: Cold ironing is also important to avoid having to face significant fines.
The Port of La Spezia has completed its first cold ironing tests at Molo Garibaldi.
La Spezia
The transformation cabin at the dock has been connected to the cruise ship "MSC Seaview"
Global Ports Holding has signed a contract to manage the Casablanca cruise terminal.
Istanbul
15-year agreement with option for a 20-year extension
A conference on e-commerce returns at LIUC
Castellanza
In the fashion sector they represent over 30% of online orders in Europe
Australian Scott McKay is the new president of the International Cargo Handling Association.
London
He took over from John Beckett
Fincantieri and Defcomm sign agreement for the development of surface drones.
Trieste
Co-investment to accelerate its industrialization
Container traffic in the port of Valencia fell by 11.6% in September.
Valencia
In the third quarter of 2025, overall freight traffic decreased by -3.2%
Container traffic at the Port of Long Beach increased by 0.7% in the third quarter.
Long Beach
Empty spaces are rising. Full capacity at boarding and disembarking is down 1.0% and 8.5% respectively.
Piacenza: The port of Gioia Tauro aims to handle seven million containers by 2029.
Genoa
Transhipment - he underlined - represents an essential gateway for international goods into the national market.
Arkas Line's new direct service connects the Eastern Mediterranean and Italy with West Africa.
Izmir
It will be held on a weekly basis
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Assocostieri urges revitalization of the national bunkering sector
Genoa
Among the proposals, making it possible to use barges as floating storage facilities for alternative fuels
The Ministry of Transport has requested an agreement for Consalvo to become president of the Eastern Adriatic Port Authority.
Rome/Trieste
Fedriga: The Friuli Venezia Giulia Region will express its agreement
Federmar-Cisal proposes a new distribution of the tonnage tax benefits
Rome
Pico: For maritime personnel, financial recognition is not always proportionate to the essential role they play
P&O Maritime Logistics completes acquisition of controlling stake in NovaAlgoma Cement Carriers
Lugano
Obtained the necessary regulatory approvals
Fatal accident in the port of Ravenna
Ravenna
A 67-year-old truck driver lost his life at the Sapir terminal.
A Norwegian delegation visits the Northern Tyrrhenian Port Authority
Livorno
ABB's quarterly financial performance shows sharp growth
Zurich
In the period July-September the value of new orders increased by +11.6%
Fratelli Neri buys two tugboats produced by Egypt's Misr Tugboats Factory
Ismailia
They will be taken into delivery in the first quarter of 2026
COSCO Shipping Ports Sets New Quarterly Container Traffic Record
Hong Kong
In the period July-September, 29.8 million TEUs were handled (+3.6%)
Container traffic in the port of Hong Kong fell by -9.2% in the third quarter
Hong Kong
A 16.3% drop was recorded in September
Port of Civitavecchia appoints members of the Marine Resources Partnership Body
Civitavecchia
He will remain in office for four years
New quarterly record for container traffic handled by CMPort port terminals
Hong Kong
New highs recorded both in China and at overseas ports
CMA CGM to order six feeder containerships from Cochin Shipyard
Kochi
Order worth approximately 300 million dollars
Efficient solutions for the port launching of floating wind turbines are being studied in France
Trondheim/Brest
Agreement between the Norwegian BOA and the port of Brest
Augusta Due has acquired a second new tanker built by Fujian Southeast Shipbuilding Co.
Rome
It has a capacity of 18,590 deadweight tons.
IRU, CLECAT, ESC and GCCA oppose binding targets for demand for zero-emission trucks
Brussels
They ask to focus instead on creating favorable conditions for operators to be able to use them.
Marialaura Dell'Abate is the new president of Confitarma's Young Shipowners' Group.
Rome
In the third quarter, cargo traffic in Russian ports grew by +4%
St. Petersburg
Only import loads are decreasing
Matteo Caiti appointed country manager for Italy at Forto
Milan
The goal is to consolidate growth on the Italian market
DP World to build and operate multimodal terminal in Uzbekistan
Dubai
Joint venture with Tashkent Invest
Applications for rail freight transport incentives are now open.
Rome
From today the requests to access the Ferrobonus
Confitarma welcomes Senate approval of simplification measures for the maritime transport sector.
Rome
A rapid approval in the Chamber is also hoped for
The maritime, port and logistics sector asks the Ministry of Transport for clarification on the regulation on waiting times for loading and unloading goods
Rome
A dialogue was called to determine the identification of correct application indications of the law
Four icebreakers for the U.S. Coast Guard will be built in Finland.
Washington
Agreement signed by Presidents Donald Trump and Alexander Stubb
PSA International wins the "Best Singapore Investor in Italy" award.
Genoa
It was awarded by the Italian Chamber of Commerce in Singapore
The Italian Navy's Olterra ship was launched in Genoa.
Genoa
It is the first military project built by the T. Mariotti shipyard
The first ferry owned by the Sicilian Region launched in Palermo
Palermo
Folgiero: Revitalization of the Sicilian shipyard as part of Fincantieri's new industrial plan
In the third quarter, containers carried by OOCL vessels increased by +0.7%
Hong Kong
Accentuation of the reduction in revenues which fell by -25.9%
Assologistica approves new rules on pallet exchange
Rome
Approved by the Senate, the text passes to the Chamber of Deputies
Offshore wind farm in the port of Augusta ready in two or three years
Palermo
Di Sarcina: We are confident in a rapid allocation of the planned resources, amounting to approximately 50 million euros.
In the Netherlands, a self-driving vessel has been authorised to sail outside a restricted area.
Rotterdam
German company Helsing acquires Blue Ocean Monitoring
London
Australian company builds self-driving submarines
The decree designating the port of Taranto as a national offshore wind hub has been made official.
Taranto
Gugliotti: Unlock resources for modernizing and upgrading port areas
One of two injured sailors from vessel attacked in Gulf of Aden dies
Amsterdam/London
Dominquez (IMO): Strong condemnation of any type of attack against ships
Salvini met with the deputy CEO of the Turkish terminal operator Yilport.
Rome
At the centre of the meeting was the dredging of the port of Taranto.
The Logistics & Sea Academy has equipped itself with new simulators for operating ships, tugboats, trains and port cranes
Venice
Investment of four million euros
Giovanni Punzo, founder and president of CIS - Interporto Campano for thirty years, has died.
Nola
Among the founders of Italo, the first private Italian operator on the high-speed rail network
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
Port of Livorno: Protests over Gaza must not block operations.
Livorno
The members of the Partnership Body highlighted the need for it to be accessible to all vessels
GNV, agreement with Sicilian terminal operator Portitalia is positive.
Genoa
The company specified that the aim was exclusively to temporarily supplement the tariffs.
Two days of work with ESPO in Rome on the Mediterranean and European ports
Rome
Meetings organized by Assoporti
In 2024, 112 million counterfeit items were seized in the European Union.
Brussels
Record estimated value of 3.8 billion euros
Strikes and protests in ports, request for information from the Guarantor
Rome
Request for information from prefects, port authorities, and port authorities
Danaos Corporation has ordered two 7,165 TEU containerships from Dalian Shanhaiguan.
Athens
They will be taken into delivery in the third quarter of 2027
In the second quarter, freight traffic on the Austrian rail network fell by -1.4%.
Vienna
Only domestic traffic is growing
ALS (FBH Group) has acquired 80% of Trans World Shipping and Moda Express of USA.
Rozzano
The two companies have 500 employees and are active in Italy, France, the United Kingdom and the United States.
Circle's revenue increased by 62.1% in the first half of 2025
Milan
Net profit of over 1.0 million euros (+1.8%)
A Ukrainian delegation hosted by the Northern Tyrrhenian Sea Port Authority
Livorno
Cooperation in the field of training and safety at work in ports
The EIB is financing Phase A of Genoa's new breakwater with €300 million.
Luxembourg
The total investment is 937 million euros
This summer, GNV ships carried 1.7 million passengers (+9%)
Valencia
In the next few days the company will take delivery of "GNV Virgo", the first LNG-powered vessel
The project for the expansion, safety improvements, and extraordinary maintenance of the port of Pozzallo has been presented.
Pozzallo
It provides for the construction of the breakwater arm
Fincantieri delivers the new Star Princess cruise ship to Princess Cruises
Monfalcone
It has a gross tonnage of 177,800 tons and a capacity of 4,300 passengers.
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
Filt Cgil calls on port administrators and businesses to join the action against the Palestinian massacre.
Rome
This burden – the union highlighted – cannot be placed solely on the shoulders of dock workers.
The agreement between the Italian Merchant Marine Academy Foundation and the NATO Center in La Spezia has been renewed.
Genoa
The collaboration signed in 2023 has been confirmed
Fischer & Rechsteiner and Gimax International acquire BCUBE's Freight Forwarding business.
Genoa
The completion of the transaction is expected in the next few days
Fermerci outlines a dramatic scenario for the European rail freight transport sector
Rome
Rizzi: There is a real risk of a shift towards exclusively road transport.
Sogedim opens a new branch in Modena
Mesero
Initially, the activity will be dedicated exclusively to UK export traffic and will then extend to other European markets.
Eni completes the sale of a 30% stake in the Baleine project in Ivory Coast to Vitol.
San Donato Milanese
The field was discovered in 2021 and production started in 2023
The new PCTC Grande Svezia has joined the Grimaldi Group's fleet.
Naples
It has a maximum capacity of 9,000 ceu
The Cagliari City Council approves its opinion on the Sardinian Ports Development Plan.
Cagliari
Green light unanimously
The railway sector contributes 1.4% of the European Union's GDP.
Brussels
Study commissioned by CER
In the port of Naples, the Coast Guard has detained the bulk carrier Tanais Dream.
Naples
Serious irregularities found on board
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
››› Meetings File
PRESS REVIEW
Foreign firms to operate 3 terminals under Ctg Port for up to 30 years; deals by December
(The Business Standard)
We'II Rebuild Apapa, Tin-Can Ports In 48 Months - Dantsoho
(Leadership)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Agreement to accelerate the implementation of robotics in Fincantieri's production processes
Trieste
It was signed with the Friulian Idea Prototipi
Sergio Liardo is the new general commander of the Port Authority Corps - Coast Guard
Rome
He takes over from Admiral Nicola Carlone
DBA to supply new Terminal Operating System for Georgia's Batumi Port
Villorba
The project includes all phases of development, testing and operational testing
Attack on a ship in the Gulf of Aden
Portsmouth
The captain reported hearing an impact in the water and an explosion
Danilo Ricci has been appointed managing director of Tarros Line.
La Spezia
He has held various positions in Italy and abroad within the group
Permanent discussion table between Confindustria Nautica and Federagenti
Genoa
This is provided for in an agreement signed today in Genoa
In the first half of 2025, cruise traffic in Italian ports grew by +6%
Venice
The twelfth edition of Italian Cruise Day will be held in Catania on October 24th.
SAL Heavy Lift buys two semi-submersible vessels from Pan Ocean
Hamburg
They were built in 2008 and 2012
30% of Sangritana Cargo will be acquired by the Marche-based company Transadriatico
The Eagle
The sale will be completed in the next few days
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
Forum on economic and logistical integration between Ligurian ports, the Northwest manufacturing area, and Switzerland
DEME orders new cable-laying vessel from Singapore-based PaxOcean
Beveren-Kruibeke-Zwijndrecht
It will be built in the Chinese shipyard of Zhoushan
Assoporti will meet at RemTech EXPO 2025 to discuss the green transition in Italian ports.
Ferrara
The Smart Ports Award was awarded to three Port System Authorities
The first shipment of Syrian oil in 14 years arrives at the port of Trieste.
London
Part of the cargo - S&P Global Commodity Insights reports - was unloaded at the Sardinian terminal of Sarroch
In August, freight traffic in the port of Taranto grew by +20.3%
Taranto
The ferry "Drea" was also rejected by the Apulian port, where however it is temporarily stopped
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