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04 October 2025 - Year XXIX
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 August, freight traffic in the port of Ravenna grew by +10.9%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
Federlogistica has established its own representation in the Iberian Peninsula
Genoa
It will support Italian entrepreneurs operating in Spain
Boluda acquires Royal Boskalis' towage and salvage operations in Australia and Papua New Guinea.
Valencia
Transaction valued at $640 million
ESPO urges IMO States to formally adopt the Net-Zero Framework
Brussels
The association also urges the EU Commission to align European standards
The Port of Los Angeles plans to build a new container terminal.
Los Angeles
Invitation to submit expressions of interest
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
Geneva
The most significant growth in PLSCI was recorded by the port of Savona-Vado Ligure (+53.7%)
ONE will not charge surcharges for new US taxes on Chinese ships
Singapore
They will be applied starting from October 14th
Fincantieri and Aeronautical Service sign agreement for the use of composite materials in the naval, civil, and military sectors.
Trieste
Genoa Port Terminal concession renewal approved until 2054
Genoa
The terminal's operating conditions have been redefined, bringing them back to the multipurpose function, in compliance with the ruling of the Council of State and the PRP
PSA Italia-Logtainer and Rail Hub Milano-Medlog have submitted offers to manage the Interporto Padova intermodal terminal.
Padua
Cargo traffic in Chinese seaports increased by 4.5% last month.
Beijing
Containers amounted to 27.7 million TEUs (+6.8%)
The Netherlands is referring to the Court of Justice of the European Union the question of whether to entrust seafarers or dock workers with the lashing operations on smaller container ships.
In the second quarter, container traffic handled by Eurokai terminals grew by +16.4%
Hamburg
Significant growth of 16.1% in Germany. In Italy (Contship), volumes increased by 5.2%.
China enacted regulation in response to US taxes on Chinese-owned and -built vessels
Beijing
The new rules include the possibility of introducing similar countermeasures
New attack on ships transiting the Gulf of Aden
Southampton
UKMTO announced that a fire broke out on a vessel hit by a shell
Le Aziende informanoSponsored Article
ITS Costruttori, il corso di alta formazione per entrare nel mondo di Fincantieri
Carnival closes its best quarter ever
Carnival closes its best quarter ever
Miami
The American cruise group announces a further strengthening of the growth trend in bookings
Marella Cruises sells Fincantieri slots for two new cruise ships to TUI Cruises.
Hannover/Trieste
With a gross tonnage of 160,000 tons, they will be larger than the units originally planned
GNV-Portitalia bridge agreement on lashing operations in the ports of Palermo and Termini Imerese
HMM will not introduce surcharges for new US taxes on Chinese ships
Seoul
The company will not modify scheduled services that stop in the United States
GATX Rail Europe signs sale-leaseback agreement with DB Cargo to purchase 6,000 railcars
Vienna
The transaction will be completed by the end of this year.
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
Bremen
Miscellaneous cargo is growing. Bulk cargo is declining.
India launches nearly $8 billion package to support its shipbuilding and maritime sectors
New Delhi
Shipyard production capacity expected to increase to 4.5 million gross tonnage per year
In the second quarter of this year, freight traffic in French ports fell by -0.4%.
Paris
Dry bulk and rolling bulk trades are declining. Container and liquid bulk trades are growing.
Antin Infrastructure Partners to acquire UK's leading marina operator
Paris/London/New York
It will take over ownership from British private equity firm LDC
Royal Caribbean agrees with Meyer Turku to build Icon ships for a decade
Miami
Order confirmed for a fifth Icon cruise ship and option placed on a seventh unit of the same series
Maersk announces it will not apply surcharges for new US tariffs on Chinese vessels
Copenhagen
The company assures that it will not make any changes to its services
Cochin Shipyard and KSOE enter into strategic collaboration in shipbuilding sector
New Delhi
The creation of approximately two thousand direct jobs is expected
DHL will resume freight shipments from Germany to the United States for corporate customers.
Bonn
They had been suspended due to the removal in the USA of the "de minimis" threshold for goods with a value of less than 800 dollars.
World Business Council for Sustainable Development Statement in Support of the IMO Net-Zero Framework
Ancona: Tax fraud in the shipbuilding sector
Ancona
Over €2.3 million in non-existent tax credits seized
CMA CGM buys British rail freight operator Freightliner
Birmingham
The transaction will be completed in early 2026
Containerized cargo at the port of Algeciras decreased by -9.4% last month
Algeciras
The 20-foot containers handled were 399 thousand (-0.7%)
Italferr participates in Europe's largest railway electrification contract
Rome
Activities within the Rail Baltica project
Freight traffic increased in the ports of Barcelona and Valencia in August
Barcelona/Valencia
In the first eight months of 2025, decreases of -1.6% and -0.3% respectively were recorded
In the June-August quarter, FedEx express courier revenues increased by +3.1%
Memphis
An average of 16.8 million express shipments were handled per day (+3.5%)
Breakthrough in the exploratory tunnel of the Brenner Base Tunnel
Milan/Rome
At 64 kilometers, it will be the longest underground railway connection in the world.
Tender launched for privatization of Croatian shipyard 3. MAJ Rijeka 1905
Zagreb
The starting bid is 6.66 million euros.
To decarbonize, shipping should join forces with other hard-to-abate sectors
London
This is highlighted by a report by Accelleron which believes that a critical mass of demand is necessary to overcome a stalemate phase.
COSCO Reassures Customers on Impact of New U.S. Tariffs on Chinese Vessels
Shanghai
We - the Chinese company assured - will maintain competitive freight rates and surcharges.
Shipping is still far from the target of 5-10% of fuel used coming from scalable, zero-emission sources by 2030
Copenhagen
The need to introduce incentives was underlined
Spain's Boluda acquires Transfesa's intermodal rail freight services.
Valencia
The agreement also includes industrial services, railway maintenance and shunting activities and intermodal terminals.
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Baku
Agreement with the Azerbaijani oil group SOCAR
German and Austrian trailer manufacturers challenge EU regulation to reduce truck environmental impact
Berlin/Brussels
They denounce that its application leads to an increase in traffic volumes and therefore emissions.
The Venice Marghera station has been equipped with a track compliant with European TEN-T standards
Venice
A 740-meter freight track has been opened.
World Shipping Council introduces Cargo Safety Program to prevent ship fires
Washington
It is based on artificial intelligence and traditional goods inspections
Rheinmetall to enter naval shipbuilding sector by acquiring Naval Vessels Lürssen
Bremen
Lürssen Group to focus on megayacht production
The British government is investing half a billion pounds to reduce shipping emissions.
London
Private investments of 700 million expected
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
Cairo
In the first seven months of 2025, a decrease of -10.2% was recorded
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
Port of Livorno: Protests over Gaza must not block operations.
Livorno
The members of the Partnership Body highlighted the need for it to be accessible to all vessels
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
GNV, agreement with Sicilian terminal operator Portitalia is positive.
Genoa
The company specified that the aim was exclusively to temporarily supplement the tariffs.
Two days of work with ESPO in Rome on the Mediterranean and European ports
Rome
Meetings organized by Assoporti
In 2024, 112 million counterfeit items were seized in the European Union.
Brussels
Record estimated value of 3.8 billion euros
Strikes and protests in ports, request for information from the Guarantor
Rome
Request for information from prefects, port authorities, and port authorities
Danaos Corporation has ordered two 7,165 TEU containerships from Dalian Shanhaiguan.
Athens
They will be taken into delivery in the third quarter of 2027
In the second quarter, freight traffic on the Austrian rail network fell by -1.4%.
Vienna
Only domestic traffic is growing
ALS (FBH Group) has acquired 80% of Trans World Shipping and Moda Express of USA.
Rozzano
The two companies have 500 employees and are active in Italy, France, the United Kingdom and the United States.
Circle's revenue increased by 62.1% in the first half of 2025
Milan
Net profit of over 1.0 million euros (+1.8%)
A Ukrainian delegation hosted by the Northern Tyrrhenian Sea Port Authority
Livorno
Cooperation in the field of training and safety at work in ports
The EIB is financing Phase A of Genoa's new breakwater with €300 million.
Luxembourg
The total investment is 937 million euros
This summer, GNV ships carried 1.7 million passengers (+9%)
Valencia
In the next few days the company will take delivery of "GNV Virgo", the first LNG-powered vessel
The project for the expansion, safety improvements, and extraordinary maintenance of the port of Pozzallo has been presented.
Pozzallo
It provides for the construction of the breakwater arm
Fincantieri delivers the new Star Princess cruise ship to Princess Cruises
Monfalcone
It has a gross tonnage of 177,800 tons and a capacity of 4,300 passengers.
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
Filt Cgil calls on port administrators and businesses to join the action against the Palestinian massacre.
Rome
This burden – the union highlighted – cannot be placed solely on the shoulders of dock workers.
The agreement between the Italian Merchant Marine Academy Foundation and the NATO Center in La Spezia has been renewed.
Genoa
The collaboration signed in 2023 has been confirmed
Fischer & Rechsteiner and Gimax International acquire BCUBE's Freight Forwarding business.
Genoa
The completion of the transaction is expected in the next few days
Fermerci outlines a dramatic scenario for the European rail freight transport sector
Rome
Rizzi: There is a real risk of a shift towards exclusively road transport.
Eni completes the sale of a 30% stake in the Baleine project in Ivory Coast to Vitol.
San Donato Milanese
The field was discovered in 2021 and production started in 2023
Sogedim opens a new branch in Modena
Mesero
Initially, the activity will be dedicated exclusively to UK export traffic and will then extend to other European markets.
The new PCTC Grande Svezia has joined the Grimaldi Group's fleet.
Naples
It has a maximum capacity of 9,000 ceu
The Cagliari City Council approves its opinion on the Sardinian Ports Development Plan.
Cagliari
Green light unanimously
The railway sector contributes 1.4% of the European Union's GDP.
Brussels
Study commissioned by CER
In the port of Naples, the Coast Guard has detained the bulk carrier Tanais Dream.
Naples
Serious irregularities found on board
Agreement to accelerate the implementation of robotics in Fincantieri's production processes
Trieste
It was signed with the Friulian Idea Prototipi
Sergio Liardo is the new general commander of the Port Authority Corps - Coast Guard
Rome
He takes over from Admiral Nicola Carlone
DBA to supply new Terminal Operating System for Georgia's Batumi Port
Villorba
The project includes all phases of development, testing and operational testing
Attack on a ship in the Gulf of Aden
Portsmouth
The captain reported hearing an impact in the water and an explosion
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Danilo Ricci has been appointed managing director of Tarros Line.
La Spezia
He has held various positions in Italy and abroad within the group
Permanent discussion table between Confindustria Nautica and Federagenti
Genoa
This is provided for in an agreement signed today in Genoa
In the first half of 2025, cruise traffic in Italian ports grew by +6%
Venice
The twelfth edition of Italian Cruise Day will be held in Catania on October 24th.
SAL Heavy Lift buys two semi-submersible vessels from Pan Ocean
Hamburg
They were built in 2008 and 2012
30% of Sangritana Cargo will be acquired by the Marche-based company Transadriatico
The Eagle
The sale will be completed in the next few days
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
Forum on economic and logistical integration between Ligurian ports, the Northwest manufacturing area, and Switzerland
DEME orders new cable-laying vessel from Singapore-based PaxOcean
Beveren-Kruibeke-Zwijndrecht
It will be built in the Chinese shipyard of Zhoushan
Assoporti will meet at RemTech EXPO 2025 to discuss the green transition in Italian ports.
Ferrara
The Smart Ports Award was awarded to three Port System Authorities
The first shipment of Syrian oil in 14 years arrives at the port of Trieste.
London
Part of the cargo - S&P Global Commodity Insights reports - was unloaded at the Sardinian terminal of Sarroch
In August, freight traffic in the port of Taranto grew by +20.3%
Taranto
The ferry "Drea" was also rejected by the Apulian port, where however it is temporarily stopped
Container traffic at the Port of Los Angeles remained stable in August.
Los Angeles
Volumes expected to decline in the remainder of 2025
Meeting between the port authorities of Jacksonville and Livorno
Livorno
Among the objectives, to start one or more direct services between the two ports
Italian State Railways and ENAC sign an agreement for the use of drones in infrastructure monitoring.
Rome
They will also be used to fly over sections of the railway and road network that would otherwise be difficult to monitor.
A.SPE.DO, the port of La Spezia is essential to ensuring employment, development, and a future for the local economy.
La Spezia
Landolfi: We cannot afford to underestimate its value.
The MIT meets with the heads of the Italian AdSPs
Rome
Meeting on the government's strategic vision for the sector and port reform
Yang Ming orders Hanwha Ocean Co. to build seven 15,880 TEU container ships
Keelung
They will be delivered between 2028 and 2029
Over 40 expressions of interest have been received for the development of the Ukrainian port of Chornomorsk.
Kiev
Today the first meeting of the tender commission
The first commercial ship is expected at the public dock in Largo Trattaroli in Ravenna.
Ravenna
The car carrier "AICC Huanghu" is coming soon
Container traffic at the Port of Long Beach decreased by 1.3% last month.
Long Beach
Empty containers are increasing. Full containers are decreasing.
Assiterminal's Terminal Road Show is starting
Genoa
Cognolato: We want to strengthen our ties with local communities and territories.
Assoporti, the Italian ports' cruise offerings presented at the Seatrade Europe fair.
Hamburg
Giampieri: We are leaders in the Mediterranean area and in Europe
Commander Claudio Tomei, USCLAC president from 2012 to 2024, has passed away.
Viareggio
His strong commitment to improving the working conditions of Italian seafarers
In the first quarter of 2025, cargo traffic in Greek ports grew by +1.4%
Piraeus
Passengers down by -1.1%
HD Hyundai Samho Orders Four New Container Ships
Seoul
Order worth approximately 468 million dollars
Trieste: Fraudulent bankruptcy in the shipbuilding sector
Trieste
Investigation into a company based in Palermo
Container traffic in the port of Hong Kong fell by 7.4% in August.
Hong Kong
In the first eight months of 2025 the decline was -3.8%
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
Container traffic at the port of Singapore continued to decline in August
Singapore
Total volume of goods increased by +1.1%
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
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