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Independent journal on economy and transport policy
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BRIEFS
October 26, 2015
Sched Netweb site
  • OOCL Q3 revenue slumps 12 pc with plummeting rates
  • Lukewarm reception to latest Hong Kong port congestion reduction efforts
  • Sluggish container trade outlook with slowdown in world trade
  • Port of Tanjung Pelepas (PTP) to invest US$1.2 bn in phase three expansion project
  • Evergreen signs order for ten 2,800-TEU ships from Japanese shipbuilder Imabari
  • Maersk fits out 12,900 boxes with Carrier Transicold PrimeLINE reefers
  • Iran plans to invest US$120 billion to expand its shipping fleet
  • South Carolina ports see September's container volumes rise 11pc to 167,549 TEU
  • Complications prompt India to re-tender Mumbai offshore box shop
  • Barge sinking near oil refinery closes Houston Ship Channel: USCG
  • Cathay Pacific's freight head has faith in new Cargo Services System
  • 12 freight forwarders qualify for Lithium Battery Certification for Air Transport scheme
  • UPS joins Tunisian airline to provide express service to African capitals

Exim Indiaweb site
OCTOBER 25, 2015
  • DNV GL releases new guideline on cargo liquefaction for safer bulk trade
  • Link Shipping's RoRo PCTC coastal service launched from New Mangalore Port
  • London P&I Club says digital cameras can provide vital evidence in defending claims
  • UASC reefer offering continues to expand
  • Vigilance still seen as crucial though piracy High Risk Area in Indian Ocean reduced
  • WISTA India holds its 3rd AGM after a successful year of growth
  • Cashew exports down in H1
  • General Motors exports 3,000 cars to Mexico
  • Apple exporting countries object to India's decision to import only via one port
  • Grand gala opening of Seabird CFS at KPCT
  • CCEA approves one-time fund infusion to revive & complete languishing National Highway projects
  • Railways, Adani Power sign power purchase agreement
  • Centre levies anti-dumping duty on several goods
  • FY15 sees highest coal import in India
  • India advised to enter into FTAs to protect textile & apparel industry
  • IOC's Paradip-Durgapur LPG pipeline to be ready next year
  • World Bank prescriptions for transaction cost reduction & ease of doing business
  • PM heaps praise on Gadkari

International Transport Journalweb site
  • Small unmanned aircraft - A Christmas nightmare?
  • Transport performance on a par with 2008
  • New branch founded in Colombia
  • Container terminals linked up online
  • Europe's biggest single B787-9 order
  • Week 44 flanked by spectacular events
  • Port of Tuticorin goes digital
  • Lower revenue and less freight for UP
  • EPA honours environmental and energy efficiency
  • Sunny skies for ABC in September
  • K+N taking up space in Zal
  • New rail terminal in Calais port
  • New rates for container trains from China to Iran
  • K + N opens office in Santo Domingo
  • UIA reports cargo traffic surge
  • Box rates still in free fall
  • Expectations show signs of wilting

IHS Maritimeweb site
OCTOBER 23, 2015
  • Letter from the Editors: Richard Clayton and Neil Wiese
    Dear Readers, For over 130 years IHS Fairplay magazine has delivered news and analysis focused on the shipping industry to enable readers to make informed decisions about everything from day-to-day operations to long-term financial investments. Now we are taking an important next step in the
  • Pullmantur impairs Royal Caribbean
    Royal Caribbean has posted better than expected results as Caribbean sales by North American brands outweighed Latin American weakness for Spain's Pullmantur brand. The cruise major reported net income of USD228.8 million in 3Q15 versus USD490.2 million in 3Q14. Excluding a USD299.3 million
  • Stevedore killed in Helsinki port
    A stevedore died after becoming trapped between two containers in the port of Helsinki. The incident happened on 22 October at Vuosaari Harbour: the main cargo handler, dealing with box and ro-ro operations, at the Port of Helsinki, which consists of three harbours. The unnamed stevedore was
  • Icon Offshore clinches contract with ExxonMobil
    Icon Offshore has secured a short-term contract to supply two anchor-handling tug/supply vessels (AHTSs) to oil major ExxonMobil. The contract is worth MYR7.7 million (USD1.8 million). According to the Malaysia-listed offshore services provider's filing to Bursa Malaysia, ExxonMobil Exploration &
  • China to keep importing bauxite as aluminium demand grows
    China is expected to remain the world's largest consumer of aluminium and will thus continue importing huge amounts of bauxite. China is both the largest consumer and importer of bauxite in the world, accounting for approximately half of global imports of the aluminium-making ingredient. Italian
  • South Korea helps develop overseas ports
    South Korea's Ministry of Oceans and Fisheries (MOF) has signed a memorandum of understanding (MoU) with the Export-Import (EXIM) Bank of Korea on providing financial assistance for port development in developing countries. This would encourage greater exports and imports to and from South Korea
  • Tianjin blast continues to affect ports' throughput
    Throughput at China's top eight container ports showed a modest fall in September as the after-effects of the deadly August blasts at Tianjin port continue to weigh on the numbers. Volumes at Tianjin, which is China's sixth-largest container port and the tenth-largest in the world, dropped by more
  • EMS Energy signs LoI worth USD570 million
    Singapore-listed marine solutions company EMS Energy signed a binding letter of intent (LoI) worth USD570 million for the supply, testing, and commissioning of up to six sets of major equipment package (MEP) for rigs. According to its filing to the Singapore Exchange, the LoI was signed by newly
  • KDB offers help to DSME, with strings attached
    The Korea Development Bank (KDB) has voted to assist beleaguered shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME), but has imposed conditions. KDB on 23 October said it would provide a KRW4 trillion (USD3.5 billion) injection into the struggling company but DSME would have to undertake
  • APM shares slip to 52-week low
    Shares in Danish shipping giant AP Moller-Maersk (APM) slipped by 7% to a 52-week low after the company on 23 October issued a profit warning due to weaker-than-foreseen container shipping development. By mid-morning local time, APM shares traded at DKK9,740 (USD1,450.20), down 7% from the opening
  • Belships records more losses
    Belships, the listed Norwegian owner of four dry bulk carriers, has reported a deepening of loss for both the third quarter of 2015 and the first nine months of the year on weak markets and impairment charges. Group net loss in third quarter of 2015 amounted to USD4.1 million, compared with USD2.6
  • APM issues profit warning on worse than anticipated container market
    A.P. Moller-Maersk (APM), the Danish shipping giant, has issued a profit warning on worse than foreseen development of the container shipping market, which impacts its Maersk Line unit, the company said in a statement. "The container shipping market has deteriorated beyond the Group's expectations
  • Sembcorp Marine 3Q15 profit down 77% on sinking offshore rig market
    Singapore-listed Sembcorp Marine's third quarter of 2015 profits plunged 77.4% on a year ago amid a deepening slump in the offshore rig building business and higher finance costs. The offshore services provider posted a profit of SGD31.5 million (USD 22.75 million) for the third quarter that ended
  • Ezra posts 24% increase in profit after tax
    Singapore-listed offshore services provider Ezra Holdings' profit after tax increased 24% year on year (y/y) to USD67 million for the financial year (FY) 2015 that ended on 31 August 2015. However, the company's net profit for the FY 2015 dropped 3% y/y to USD43.7 million, although the company's

The Loadstarweb site
OCTOBER 23, 2015
  • Maersk issues profit warning as container line feels the ripples of weak peak season
  • Cargo crime is on the increase in Europe, with truck hijacks becoming more violent

Marine Logweb site
OCTOBER 23, 2015
  • German owner to convert containership to LNG fueling
  • Swiftships gets $10.9 million Iraq award
  • PSV to be converted to wind farm service vessel
  • DryShips to acquire Nautilus Offshore Services
  • Fednav takes delivery of first BWTS equipped Laker
  • Maersk trims profit guidance, sees shares fall

World Wide Shipperweb site
OCTOBER 23, 2015
  • Sea-Tac Airport breaks records with summer passenger totals
  • Federal Maritime Commission Oks new OTI licensing rules
  • Bureau of Transportation Statistics releases updated transport numbers
  • Coast Guard suspends search for reported man overboard
  • International Shipholding places hold on scheduled stock dividend payments

Lloyd's Listweb site
OCTOBER 23, 2015
  • Capesize shows 'promise' as BCI rises 11%
    More interest in Brazil-China route although some say the uptick will not be sustained
  • Maersk to re-flag six UK boxships
    Maersk to have no UK-flagged container vessels 'within a few years'
  • Bunker buster: OW test case goes nuclear
    ING says pay, Pappas wants to take it all the way
  • OW Bunker ruling: U O ING $1bn
    Whatever the legal position, the outcome is unfair to shipping and bunkering
  • Impairment loss weighs on Belships
    Delivered fleet remains on time charter at 'favourable' rates
  • Asia-Europe carriers pin hopes on November price push
    Latest GRIs cannot come soon enough as spot market continues to bring little joy for lines
  • Nanjing Tanker posts stronger results
    Net profit topped $75m in first nine months
  • Plentiful VLGC availability chips away at owners' sentiment
    Market looks well supplied with vessels for November loading programme
  • OOCL Asia-Europe revenue slumps 32.2%
    Trans-Pacific and Intra-Asia volumes emerge as bright spots as Asia-Europe plummets
  • Cosco Singapore says FPSO delivery delayed by nearly two years
    Delay due to changes in technical requirements
  • Maersk Line full-year forecast cut by $600m
    Continuing freight rate crisis knocks liner business contribution to group
  • China slowdown threatens container securities
    Weaker Chinese growth may raise lessee default risk for struggling global shipping lines
  • Inmarsat inks strategic pact with China
    Partnership will see company's satellite communications used in China's One Belt, One Road project
  • Cosco Singapore warns of loss in the third quarter
    Falling oil prices, shipbuilding slump and weak dry bulk market hurt shipbuilder
  • Wessels Reederei converts feedership to LNG fuel
    The company received a seven-figure government grant for the project
  • DryShips buys six-ship fleet from Nautilus Offshore Services
    All six vessels are on time charter to Petrobras through 2017

The Journal of Commerceweb site
OCTOBER 23, 2015
  • Hurricane Patricia shuts Manzanillo, Mexico, port
    As the strongest hurricane on record in the Western Hemisphere barrels toward Mexico's Pacific coast, the country's largest container port has suspended operations, thousands have fled the coastline and the nation is preparing for impact. Category 5 Hurricane Patricia was less than 100 miles southwest of the port of Manzanillo Friday...
  • Landstar revenue, profit increase despite headwinds
    Landstar System defied a drop in fuel surcharge revenue and a softer flatbed market by increasing total revenue and profit and raising truck capacity to record levels in the third quarter. With a weak freight outlook, however, Landstar may throttle back capacity expansion in 2016. Steady dry-van demand, increased truck revenue...
  • Savannah reports volume gains for September
    The Port of Savannah posted increases of 5.6 percent in full containers, 13.4 percent in full import containers, and 7.3 percent in total 20-foot-equivalent volume during September. The overall volume of 317,411 TEUs was the highest for any September at Georgia Ports Authority terminals, and represented Savannah's seventh consecutive month of...
  • US maritime regulators to re-examine contracting rules
    The U.S. Federal Maritime Commission has voted to seek comments on possible changes to rules covering contracts that govern most ocean container shipments to and from the United States. The FMC plans later this year to propose changes to shipper-carrier service contracts and non-vessel-operating common carrier service arrangements. The commission said...
  • As talks continue, UPS pilots authorize strike
    After four years of negotiations, an overwhelming majority of 2,500 UPS pilots voted to authorize a strike against the largest U.S. transport operator. The 2,252-to-8 vote gives the Independent Pilots Association the authority to request a release from federally mediated negotiations with UPS and to call a strike once talks are...
  • US maritime regulators approve new rules for intermediaries
    The U.S. Federal Maritime Commission voted 4-1 to change licensing and financial responsibility requirements for ocean transportation intermediaries, despite objections from one commission member. The new rules, more than two years in the making, require OTIs to renew their licenses online every three years beginning in late 2016. The rules also...
  • Watch XPO's Jacobs talk strategy, logistics with JOC.com
    XPO Logistics Chairman and CEO Brad Jacobs spoke with Alessandra Barrett, senior content editor, at the JOC Inland Distribution Conference in Memphis, Tennessee, about his company's fast growth through about $7 billion in acquisitions this year. Jacobs, a keynote speaker at the conference is close to completing the acquisition of...
  • Planned container hub aimed at easing Moscow congestion
    A planned $350 million container hub serving Moscow is aimed at handling increased cargo flows, reducing urban congestion and speeding distribution into central Russia. The 4.3 million square foot complex, dubbed Bely Rast, in the Dmitrov area, is intended to help shippers save on the estimated 10 to 12 percent in...
  • OOCL reports third-quarter drop in rates, revenue
    Credit: Nige BrownPlunging rates and excess capacity caused Orient Overseas Container Line's third-quarter revenue to fall 12.2 percent despite an uptick in volume. Orient Overseas (International) Ltd.'s latest quarterly operational update for its OOCL unit followed Maersk Group's announcement that it had cut its 2015 profit outlook by $600 million because...
  • Tianjin pulls down throughput at top China ports
    Throughput at China's top eight container ports showed a modest fall in September as the after-effects of the deadly August blasts at Tianjin port continue to weigh on the numbers. Volumes at Tianjin, which is China's sixth-largest container port and the 10th-largest in the world, dropped by more than 25 percent...
  • Saluting rail innovators, at a time innovation is needed
    Lawrence J. GrossI was saddened several weeks ago to hear the news of the major restructuring and downsizing of Norfolk Southern's Triple Crown Services, the sole remaining North American operator of the RoadRailer technology. I can't claim to be objective on the matter, because my involvement with RoadRailer spans the...
  • China-US spot rates decline with little appetite for GRIs
    HONG KONG - There was little to excite container shipping lines in the east-west trades in terms of spot rates this week, with the Shanghai Containerized Freight Index showing a weakening of Asia-U.S routes and flat prices on the China-Europe and Mediterranean lanes.Spot rates on the Shanghai-U.S. West Coast route...
  • Brad Jacobs' grand design for engineering growth
    For the last four years, Bradley S. Jacobs has been one of the more interesting people operating in the global freight supply chain. Like the portfolio of companies he's building, the XPO Logistics CEO is rapidly broadening that description to fit the global stage. Consider this: Since Jacobs and his private...
  • Blue Dart Express profit rockets on strong revenue, fuel cost savings
    Blue Dart Express, India's leading express air and logistics service provider, posted a 74.5 percent jump in net earnings in the second fiscal quarter, as operating revenue grew robustly, helped by lower fuel costs and new business strategies. The Deutsche Post DHL Group company earned approximately $8.3 million in the three...
  • Berth productivity: one way for carriers to keep cutting costs
    With container spot rates plummeting and contract rates weakening in their wake, ocean carriers, having essentially no control over pricing, are intensifying their efforts to uncover cost savings. That's why improving productivity at the berth, which allows lines to maximize slow-steaming while remaining on schedule, is taking on a higher...
  • APL drops Fujairah from India-Mideast feeder rotation
    Singapore-based container carrier APL announced it is discontinuing an existing call at Fujairah, United Arab Emirates, on its Middle East Express, or SMX, service, effective this month. As a result, the intra-regional loop now has the following port rotation: Jebel Ali, United Arab Emirates; Sohar, Oman; Karachi, Pakistan; and back to...
  • AirBridgeCargo traffic growth continues to outpace Europe rivals
    LONDON - Russia's AirBridgeCargo Airlines continues to outperform its European rivals with traffic soaring 28 percent in September despite the steep slump in its domestic economy. The all-cargo airline transported 46,826 tons last month taking traffic for the first three quarters of the year to 379,338 tons, an increase of around...
  • Auto parts import growth from Mexico drives steady recovery
    Cross-border shipments of auto parts from Mexico are outpacing growth in containerized imports through U.S. ports in a market roiled by West Coast port congestion and diversion to air freight during the first half of this year. Mexico's share of the value of U.S. auto parts imports rose to 33.8 percent...
  • Maersk slashes 2015 profit outlook on weak container shipping market
    LONDON - The Maersk Group today slashed its 2015 profit outlook by $600 million due to a deteriorating global container shipping market. The owner of Maersk Line, the world's biggest ocean carrier, said it now expects a full-year underlying profit of $3.4 billion, down from a previous estimate of $4 billion. This...
  • Weak global trade drags down air cargo
    HONG KONG - Asia's air cargo markets weakened in the third quarter, hampered by slowing global trade and tough comparisons with last year, with the industry still holding thumbs for a pre-Christmas bump to push up full-year traffic figures. "The region's carriers experienced a 1.1 percent year-over-year decline in air cargo...
  • G6 suspends a trans-Atlantic service as spot rates fall
    G6 Alliance carriers have suspended a trans-Atlantic service, the latest sign liners are pulling back capacity after spot rates hit the lowest level in more than a year. The move follows the downgrading of a trans-Atlantic service by members of the 2M Alliance. G6 carriers - APL Logistics, Hapag-Lloyd, Hyundai Merchant...
  • Key Brazilian box port Itajai closed as heavy rain makes channel dangerous
    Shippers are facing delays at the port of Itajai after local pilots closed the southern Brazilian container gateway because of strong currents from the River Itajai-Açu and massive silting they caused. Itajai - Brazil's second-largest container port and a major chicken export gateway, with more than 1 million 20-foot equivalent units...

TradeWindsweb site
OCTOBER 23, 2015
  • Firm orders Jones Act compliant vessels
    Green Shipping Line (GSL) orders vessels from US builder for cabotage trade
  • Ports brace for Patricia
    Mexico's Manzanillo Port remains open, but ship transits slow as hurricane nears.
  • Merkel votes for shipping support
    Shipowners welcome positive pledges from German chancellor at Bremerhaven national conference.
  • Fain says 'double-double' getting done
    Royal Caribbean chief executive says effort to bolster profitability is on track.
  • UK broker alleges fraud by Dubai outfit
    Century Marine goes to police after accusing Malin Marine of replicating website.
  • Savannah sees record September throughput
    Georgia port reports 7.3% increase in container volumes in strong year for facility.
  • Bahri buying VLCC pair in $157m swoop
    Saudi company set to pick up two tankers at a price which suggests firming asset values in the sector.
  • G6 suspends US run
    Group of lines halts AX4 service from Europe due to seasonal demand changes.
  • Bahri buying VLCC pair
    Saudi company picks up two tankers at a price which suggests firming asset values in the sector.
  • RCCL sees another profitable quarter
    Cruiseship owner posts strong Q3 result as it launches $500m share buyback.
  • RCCL profit keeps growing
    Cruiseship owner posts another strong quarterly result as it launches $500m share buyback.
  • Cable-layer for sale
    US marshall to auction off laid-up OPI offshore barge.
  • Tanker on the block
    Turkish vessel arrested in Malta will be sold by mortgagee.
  • Dolphin returns Sanco ships
    Oslo-listed company receives notice of termination for the charter of two seismic survey vessels.
  • Golar nets FSRU funds
    China Merchants Bank steps in with loan for newbuilding and refinancing package.
  • Monjasa adds hotel ship
    Danish owner reveals new offshore wind farm design being built at Fayard.
  • HNA boosts its Dorian stake with $7m buy
    Chinese group grows its holding in New York-listed VLGC owner with second major acquisition.
  • DryShips makes $120m offshore play
    George Economou lending his US-listed company $50m to buy six-ship fleet of Nautilus OffShore Services.
  • Ferry double for US shipyard
    All-American Marine to build two 150-pax vessels funded by Deepwater Horizon pay-out.
  • OW Bunker appeal fails
    UK Appeal court again turns down plea, leaving owners open to having to pay twice for fuel.
  • Jefferies hikes fourth quarter VLCC forecasts
    Analyst Doug Mavrinac's sums show Wall Street tanker giants will beat expectations in 2015.
  • Cosco agrees to FPSO delay
    Chinese shipbuilder says unit ordered in 2012 will be handed over in 2017 due to technical changes.
  • London Club seeks 5%
    A general increase of 5% is to be sought by the London Steam-Ship Owners' Mutual Insurance Association, the second of the International Group protection and indemnity clubs to announce its renewal strategy.
  • OOCL revenue hit in Q3
    Asia Europe decline takes toll on Hong Kong-listed container line's third quarter income.
  • Icon ships out AHTSs
    Malaysian-listed offshore vessel owner enters short-term agreement for two ships with ExxonMobil.
  • Pelni in haze evacuation
    Worsening smoke levels in Indonesia could see state owner PT Pelni take children from most toxic areas.
  • Ezra finishes strongly
    Subsea vessel owner books positive annual result as it sees challenges and lower rates ahead.
  • Maersk issues profit warning; shares crash
    Trouble in the container shipping market sees Danish heavyweight slice its full year forecast.
  • Docker dies in Finland
    Finnlines says worker for stevedoring subsidiary trapped between two boxes on ship in Helsinki.
  • Boxship runs aground
    BF Fortaleza towed to Maloy, Norway, after incident on Thursday morning.
  • AP Moller-Maersk fires profit warning
    Trouble in the container shipping market sees Danish heavyweight slice its full year forecast.
  • Maersk fires profit warning amid box slump
    Trouble in the container shipping market sees Danish heavyweight slice its full year forecast.
  • TGS earnings shrink
    Seismic survey player hit by cuts to exploration spending in third quarter.
  • Fleet write-down bashes Belships
    Norwegian owner increases Q3 loss as it takes impairment hit on value of its bulkers.
  • Fire strikes Royal Caribbean's Splendour
    After engineroom blaze on cruiseship, 21 people are treated for smoke inhalation.
  • GATX preps sale of some shipping assets
    Railcar leasing company plans to divest much of marine portion of portfolio management division.
  • Panama reaffirms open date for widening
    All signs point to April startup for expansion of the Panama Canal, agency says.

American Shipperweb site
OCTOBER 23, 2015
  • Maersk fires profit warning
  • OOCL Q3 revenues drop 12.2% on Asia-Europe woes
  • NY/NJ Port Authority approves new intermodal rail terminal
  • Grimaldi to acquire remaining shares of Finnlines
  • Environmental review planned for Terminal 5 expansion in Seattle
  • Chinese automotive 3PL to use JDA for transportation solutions
  • South Carolina attracts more out-of-state manufacturers
  • UPS pilots vote to authorize strike
  • Debris washing up in Bahamas linked to El Faro
  • CMA CGM decreases frequency on Europe-Africa loop
  • K + N opens first office in Dominican Republic
  • FMC to examine service contracts, NSAs
  • House committee approves multi-year transport bill just one week ahead of deadline
  • Prologis net income skyrockets in Q3
  • Port of Savannah continues record run

The Bunker Bulletinweb site
OCTOBER 23, 2015
  • Profits climb for cruise line
    Bunker costs down even as fuel purchases climb.
  • OW: Most assets tied up in oil deals
    Which will now go to company estate.
  • Maersk Line slashes earnings outlook
    'The container shipping market deteriorated beyond the group's expectations.'
  • OW: London appeal decision raises 'more questions than answers'
    P&I Club says industry deserves better.
  • MPA: LNG bunker licences linked to demand
    But can expect more than one to be issued in run up to pilot programme.
  • Dry bulk operator struggling despite emergency loans
    'The company is in a difficult situation, but it is operating and earning some money.'
  • Piraeus port strike: Bunkering unaffected.
    Two-day action having little impact on ship fuel supply.
  • Enagas developing LNG bunkering at Euskadi
    LNG bunkering tests currently being conducted, says company president.
  • Global Risk Management hires staff
    Fuel hedging firm adds to Danish team.
  • Firms eyeing Nigerian state bunkering contract
    NNPC starts bidding exercise.
  • Global Risk Management hires Controller
    Andri Stefansson is based in Middelfart, Denmark.
  • Greek, French bunker players team up
    'Our new operational scheme will be ready in November.'
  • EU MRV: 'Amount of data required is daunting'
    Shipping industry understands need for CO2 monitoring but fears documentation requirements will make it an expensive and onerous regulation.
  • No talk of cutting oil production at OPEC meeting
    Russia is 'not going to change position' and cut production, says OPEC delegate.

›››File
FROM THE HOME PAGE
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
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