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BRIEFS
February 27, 2015
Sched Netweb site
  • TSA to hike rate US$600/FEU March 9 and again on April 9
  • Maersk Line boxes deliver nearly half the profit for entire group
  • Filipino seamen warned not to bring arms into Hong Kong
  • Panama hopes to keep diverted box increase flowing through canal
  • British PM marvels at wonders wrought by Hong Kong's Hutchison group
  • Investment opportunities in SE Asia ports as box volumes rise
  • Dalian-built 9,365-TEU CMA CGM Rhone joins company's Asia-Black Sea
  • Revised bunkering guidelines for Singapore from September
  • China-to-Spain train completes 16,156-mile backhaul bearing olive oil
  • Key Oz wine forwarder pleased China volume back after austerity eases
  • Union calls for newly named Vancouver trucking czar to step down
  • Plan for US$12 billion Helsinki-Tallinn tunnel would cut out Russia
  • Hong Kong starts on third runway in 2016, but won't open till 2022
  • Swissport International takes on groundhandling at Astana, Kazakhstan
  • Dial to sell 26pc stake in Delhi Cargo Service Centre to IDFC
  • DHL's Blue Dart Express adds 757 freighter, taps India's e-commerce boom
  • Panalpina drops B747-8F order for second under new Atlas ACMI

Exim Indiaweb site
FEBRUARY 26, 2015
  • Maersk Line launches India-Middle East-Mediterranean ME-5 service at DP World Chennai
  • MSC announces main line service call at Chennai
  • SCI's Worldwide Agents Meet 2015 deliberates on key issues
  • Freight earnings of SC Rlys up by 35.2 pc in Jan.
  • Rail connectivity in partnership with ports under Coastal Connectivity Programme envisaged: Prabhu
  • Railway Budget proposes increasing freight carrying capacity
  • AIPMA bats for higher import duty on Chinese goods
  • EPCES urges govt to remove MAT & DDT on SEZs in Budget
  • Import duty hike opposed by rubber industry
  • INR firms up further on increased dollar selling
  • Private power cos pitch for duty-free coal imports

International Transport Journalweb site
  • Schwarzmüller expects sales to spiral this year
  • Martin Bencher Sweden moves to new office
  • DSV makes continent-spanning move
  • Transpark makes Russian roads safer
  • Volga-Dnepr flies vibration tester to Chelyabinsk
  • No sale of real estate allowed
  • Reaching out to China and the USA
  • Industry veterans reinforce port management
  • Faster Rotterdam-St Petersburg link
  • Securing box handling capacity
  • Danser launches Alsace-Hollande Express
  • Chapman Freeborn arranges first B777F Budapest landing
  • Samskip extends Swedish rail services
  • Des Vertannes becomes strategic adviser
  • GSSA opens Austria office
  • Hansa Heavy Lift sets up Shanghai office

IHS Maritimeweb site
FEBRUARY 26, 2015
  • Economou weighs tanker IPO vs sale
    DryShips chairman George Economou has confirmed that a sale of the company's tanker fleet is possible if a stock offering does not receive a high enough valuation. NASDAQ-listed DryShips reported a loss of USD24 million for 4Q14 versus a loss of USD24.4 million in 4Q13. Excluding a one-off
  • Pacific Radiance full-year profit up 22%
    Singapore-listed integrated offshore marine services provider, Pacific Radiance posted full-year profit of $69.42 million, up 22% year-on-year for the financial year that ended 31 December 2014. Revenue increased slightly by 2% to $172.2 million in FY14, as compared to $168.58 million in FY13. The
  • Seadrill sees consolidation opportunities in downturn
    A weak cycle in the offshore drilling business may create opportunities for Seadrill, the London-based listed drill rig and ship operator in John Fredriksen's business empire, to consolidate the sector, it said in a statement. Group net profit fell to $150 million in 4Q15 from $283 million in the
  • BV reports 10.1% revenue rise
    French classification society Bureau Veritas (BV) has reported a 10.1% rise in its marine and offshore revenues to EUR323.8 million (USD368.1 million) last year as the group benefited from recovery in newbuilding activity. Excluding acquisitions, organic growth in marine and offshore was 7.1%,
  • Bangladesh ferry death toll rises to 79
    The death toll in Bangladesh's MV Mostafa ferry disaster rose to 79, according to the latest official count of bodies recovered. On the river Padma, near Shivalaya Upazila sub-district, the motor launch Mostafa carrying over 200 passengers capsized after being hit on 22 February by the 330 gt cargo
  • Rickmers Trust Management posts full-year loss
    Singapore-listed container ship business trust Rickmers Trust Management (RTM) posted a loss of USD15.96 million for the financial year ended 31 December 2014, as compared with a profit of USD23.4 million in FY13. Revenue decreased 9% year-on-year to USD130.32 million in FY14 from USD143.49 million
  • Box lines attempt west coast rate increase
    Liner operators in the trans-Pacific trade will attempt to raise rates after losing money amid a prolonged labour battle at American west coast ports. The Transpacific Stabilization Agreement (TSA), a discussion forum of the 15 major container lines serving the trade, reaffirmed on 25 February its
  • World's latest large ro-ro box ship delivered
    The STX Offshore & Shipbuilding shipyard in Jinhae, South Korea, has announced the delivery of ro-ro container vessel Jolly Cobalto to Italian shipping company Ignazio Messina & Co. The new vessel, claimed by Messina to be largest such vessel in the world, will be Italian-flagged and will make its
  • Contract for first US LNG bunker barge signed
    Construction of the first dedicated LNG bunker barge for the US market has been announced. WesPac Midstream (WesPac) and its affiliate Clean Marine Energy (CME) said the newbuilding contract for the vessel had been signed with Conrad Orange Shipyard, a division of Conrad Shipyard. The Orange
  • Pacific Basin in the red in 2014
    Hong Kong-listed Pacific Basin Shipping sank to losses of USD285 million in 2014 on non-cash impairments and provisions for significant changes in dry bulk and bunker fuel markets. Its revenues were little changed from 2013 at USD1.7 billion due to increases in fleet size and lower freight rates, a
  • Stage set for Frontline's comeback
    The board of Frontline, the listed VLCC and Surezmax operator in John Fredriksen's business empire, has set an objective to rebuild the company into a major tanker operator after clearing financial hurdles, despite losses both in 4Q14 and FY14. In 4Q14 and in the 1Q15, the company reduced the
  • Modern ports need 'more focused' welfare centres
    The imminent closure of a mission-run port welfare centre at the UK's Port of Milford Haven has called into question the impact of rapid port turnaround times on key shore services for crews. "Recent years have seen turnaround times rapidly increase, with seafarers often spending only 6-24 hours in
  • Impairment charge hits Frontline 2012
    An impairment charge hit Frontline 2012, the John Fredriksen controlled company that will transform itself to a crude and product tanker owner. In 4Q14, the company booked a loss of $123.9 million compared to a profit of $12.5 million in the same period a year earlier. A $149.5 million impairment
  • EU sulphur non-compliance cases 'very few'
    Cases of non-compliance with the new 0.1% marine fuel sulphur limit in north west European sulphur emission control areas (SECAs) have been "very few" to date, the European Commission has told IHS Maritime. Commission environment spokesman Enrico Brivio said that 200 inspection results had been
  • Qube profits up 32.8%
    Australia's Qube Holdings boasted a 32.8% lift in net profit to AUD54.7 million (USD42.9 million) for the six months that ended in December 2014 through an aggressive growth and acquisition strategy at a time competitors were cutting costs. In its interim report to the Australian Stock Exchange,
  • Bumi Armada profit plunges 93%
    Malaysia-listed offshore services provider Bumi Armada posted full-year net profit of MYR224.36 million (USD62.07 million) for the financial year that ended on 31 December 2014, down 93% from MYR435.09 million the year before. Its revenue, however, increased 15.6% to MYR2.39 billion in financial
  • GSI wins 18 new vessel orders for 2014
    Guangzhou Shipyard International (GSI) said it has won 18 new vessel orders for 2014, totalling 2.6 million dwt. The new orders were made up of MR tankers, as well as 50,000 dwt product and chemical tankers, a stock filing of GSI said. In its non-shipbuilding business, new orders comprising steel
  • FSL Trust back to the black in 2014
    Singapore-listed First Ship Lease Trust (FSL Trust) posted a full-year net profit of USD4.05 million for the financial year ended 31 December 2014, contrasted with its loss of USD65.2 million in fiscal year 2013 (FY 2013). The company's revenue went up slightly by 3.8% to USD93.4 million in fiscal
  • Vessels laden with smuggled rice, firearms seized off Sulu
    Vietnamese vessel MV An Bien 89-ALCI and three Filipino boats loaded with 3,275 tonnes of smuggled rice and high-powered firearms were seized off Sulu on 23 February, Philippines military officials have confirmed. A naval task force unit headed by Lieutenant Commander Richard Rosales and Lieutenant
  • Zoullas poised to exit
    Sophocles Zoullas, founder of NASDAQ-listed Eagle Bulk, has threatened to leave the company, the board of directors has confirmed. Zoullas has delivered written notice that there is "good reason" to terminate his employment agreement, which was finalised upon the company's restructuring in October

Marine Logweb site
FEBRUARY 26, 2015
  • Davie lays keel for LNG fueled ferry
  • Michigan shipyard faces $242,940 in OSHA fines
  • Detyens awarded $12.5 million MSC contract
  • Robert Allan Ltd. names Rollie Webb Senior VP
  • Zuhai fast cats to have Rolls-Royce propulsion package
  • Philly Tankers newbuilds find charterer
  • NTSB reports on ITB allision with USCG buoy tender

World Wide Shipperweb site
FEBRUARY 26, 2015
  • Port of Seattle names Caplan director of strategic initiatives
  • Drewry report gives update on state of LPG shipping
  • Rail freight traffic numbers see negative total for week
  • TSA member carriers plan March general rate increase
  • Insurance club gives list of top five claim causes

Lloyd's Listweb site
FEBRUARY 26, 2015
  • Milaha rides high on strong year for gas and oil
    Profit for Qatari owner rises 10%
  • Ship Finance International posts $122m net income for 2014
    Consistent performance from John Fredriksen company that holds dry bulkers, tankers, boxships and rigs
  • Capital Product Partners plans $520m fundraising
    Notes issue and additional credit facility will allow tanker and containership owner to repay outstanding debts
  • Navios signs $148m option for 13,100 teu boxship
    Company has until June 5 to take up the option for delivery in the third quarter
  • UK Defence Club gains 4.8m gt on renewal
    Premium freeze and continuity credits boost membership, says FD&D specialist
  • London Gateway handles ad-hoc Triple-E call
    Munkebo Maersk makes call to pick up empties before heading off to Asia
  • Senior APM Terminals' personnel depart after breaching 'internal business policies'
    Terminal operator's former CFO, CCO & head of global project implementation asked to leave the company
  • New Maersk Line ships could carry more than Triple-Es
    Vessels will be the same generation as Triple-Es but new technologies will allow for capacity increases
  • Yamal LNG 25% complete as Chinese money saves the day
    Some $10m per day being spent on construction of the ambitious LNG export project in Russian Arctic waters but delays to completion could occur
  • RBS cuts shipping book a further 9%
    One in five 'good bank' vessels in negative equity
  • Wisdom Marine to raise $80m with overseas bond issue
    Taiwan-based bulker owner will sell convertible non-guaranteed bonds
  • Rickmers Maritime slips into the red in 2014
    Singapore-listed trust with focus on panamax boxships was hurt by impairment charges and lower charter revenue
  • Charles Taylor to manage Strike Club
    Move comes as part of strategy to expand in mutuals
  • Pacific Basin hit by $285m loss for the year
    Figure includes $130m in write-offs applied to dry bulk business and for bunker hedges gone sour
  • Hoegh LNG posts loss due to $44m impairment charges
    But Oslo-listed LNG player is sanguine as it believes lower energy prices should eventually lead to greater demand for LNG
  • J Lauritzen posts reduced losses for 2014
    Danish dry bulk operator admits to 'very difficult year' following 'misplaced optimism' at the start
  • Frontline 2012 to exit gas and dry bulk to focus on becoming tanker giant
    Update: 'Various options' being considered, says Frontline Management chief as speculation grows over possible merger of two Fredriksen entities
  • TSA sets April GRI level at $600 per feu again
    Transpacific carriers say increase will cover higher operating costs as US west coast ports return to normal operation
  • First Ship Lease reports $7.3m profit for fourth quarter
    Singapore shipping trust's turnaround continues, as better tanker spot market supports results
  • DryShips narrows full-year losses to $47.5m
    Results driven by another excellent quarter by Ocean Rig, says Economou

The Journal of Commerceweb site
FEBRUARY 26, 2015
  • ISIS could bring piracy back to Mediterranean, officials say
    Militants loyal to ISIS could bring Somali-style piracy to the Mediterranean, threatening the world's largest trade lane, European officials warn. It's been 200 years since pirates operated in the Mediterranean, but recent developments in North Africa suggest the Islamic State of Iraq and Syria could launch attacks on commercial and passenger...
  • Equipment, labor availability hamper West Coast port productivity
    Terminal operators are committed to return West Coast ports to normal operations as quickly as possible, but their ability to eliminate the backlogs of containers and vessels that are choking their facilities will be capped by constraints on the availability of dockworkers, harbor truck drivers and chassis. "Terminals are set up...
  • Port productivity is not improving, Maersk CEO says
    The fundamental industry problem identified as soon as mega-ships of 10,000 TEUs and above started hitting the waves remains alive and well -- and wholly unresolved. That is the problem of productivity. There has been little progress in carriers' and terminals' ability to get these ships quickly worked and sent back...
  • Survey asks truck drivers to rate treatment by shippers, consignees
    Shippers and consignees, prepare to be rated. Through Operation Upgrade, the Ontario Trucking Association will ask truck drivers to rate shippers and receivers based on how well they are treated at loading docks and delivery sites - and how often they're delayed. "The way truck drivers are treated by shippers and...
  • LA, LB approved to collaborate in tackling congestion
    WASHINGTON - The ports of Los Angeles and Long Beach can begin working together to address congestion after U.S. Federal Maritime commissioners on Thursday unanimously approved an amendment this week allowing the two largest U.S. container ports to work together. The amendment clarifies the roughly two-year-old discussion agreement to allow Los...
  • USA Truck signs stock agreement with investment partners
    Fresh from its first profitable year since the recession, USA Truck signed an agreement with two of its leading investors that will allow those firms to sell some of their stock. The $602.5 million truckload carrier agreed to let Baker Street Capital and Stone House Capital Management sell 2 million shares...
  • Los Angeles container traffic plunged 23 percent in January
    Container volume at the Port of Los Angeles declined 22.7 percent in January as the largest U.S. port was brought to its knees because of congestion, dockworker slowdowns and restrictions on night and weekend work imposed by employers. "The numbers aren't a surprise to us, and last week's announcement of a...
  • DFDS profit jumps on higher short sea freight volumes
    DFDS's pre-tax profit soared 56 percent in 2014, driven by increased short sea traffic on its key North Sea trades and reduced losses on the English Channel. The Danish shipping and logistics group's profit before special items grew to 571 million krone (US $ 86.9 million) from 367 million krone in...
  • No calm after the storm
    It's time for the healing to begin, but like a major surgical procedure, this recovery will be neither quick nor painless. The Feb. 20 tentative agreement between the International Longshore and Warehouse Union and the Pacific Maritime Association brought a measure of labor peace to the U.S. West Coast waterfront. But...
  • Overtime is 61 percent of ILA hours in NY-NJ port
    More than 61 percent of the hours worked by International Longshoremen's Association members employed by New York Shipping Association companies during the most recent ILA-NYSA contract year were paid at overtime rates. The NYSA's annual report for its October 2013/September 2014 contract year showed that ILA longshoremen, checkers and mechanics hired...
  • West Coast congestion boosted Expeditors volume, revenue
    Soaring air freight volume spurred by U.S. West Coast port congestion helped lift total revenue 9 percent year-over-year at Expeditors International of Washington to $1.8 billion in the fourth quarter, while net profit jumped 19 percent to $99.8 million. "Airfreight and ocean freight net revenues both managed double digit increases, up...
  • Rickmers Maritime slides into the red in 2014
    Rickmers Maritime sank to a $16 million net loss in 2014 from a $23.5 million profit in the previous year as impairments and lower containership charter rates in the third quarter offset a profitable final three months. The Singapore-based company's charter revenue from its 16 ships was down 9 percent at...
  • Snowstorm closes Virginia port
    The Port of Virginia closed its Hampton Roads terminals Thursday after a winter storm dumped as many as nine inches of snow in some corners of the southeastern corner of the state. While inland ports in Front Royal and Richmond will reopen Friday, all other terminals will resume normal operating hours...
  • MSC to launch China-India service in late April
    To capitalize on the booming intra-Asia cargo trade, Mediterranean Shipping Co. plans in late April to launch a new container service directly linking India and China. The weekly intra-Asia loop, branded the Falcon, will also connect to MSC's network via Colombo, Sri Lanka. The port rotation will be as follows: Mundra and...
  • Shanghai, Shenzhen handle bulk of China's January throughput
    HONG KONG - The top 20 Chinese ports had a throughput of 15.5 million 20-foot containers in January, with Shanghai and Shenzhen terminals handling almost half of them, according to Shanghai Shipping Exchange data.China's busiest port of Shanghai handled 3.16 million TEUs in the first month of the year, up...
  • Nigeria to open inland ports to relieve pressure on Lagos
    The Nigerian government is poised to open more inland ports to help decongest the country's overwhelmed terminals in Lagos. President Goodluck Jonathan announced the news Saturday at a meeting with a delegation of ethnically Igbo market leaders at the State House Marina in Lagos. Jonathan, who faces a re-election contest on March...
  • Long Beach commissioners tap duo to enhance cargo flow, service
    The Long Beach Board of Harbor Commissioners appointed industry veterans Michael Christensen and Glenn Farren to newly-created management positions that were established to enhance cargo flow and improve service, as the second-largest U.S. container port recovers from months of congestion. Christensen, who served most recently as deputy executive director of the...

TradeWindsweb site
FEBRUARY 26, 2015
  • Economou's crystal ball
    The chief executive of DryShips believes Asian shipyards that are active in the construction of bulkers may be forced to slash prices in the months ahead.
  • IPO steals the spotlight
    The initial public offering (IPO) of Tankships Investment Holdings appears to be an increasingly important component of a campaign to shore up its parent's balance sheet.
  • Stealth secures fixtures
    Greek operator StealthGas of has firmed up period deals for three of its LPG carriers and an aframax tanker.
  • All in the family
    Capital Product Partners (CPP) of Greece made waves in the bond market today after announcing plans to raise $260m from the sale of secured notes.
  • Solvang finishes strong
    It appears that investments in the expansion of Solvang's very large gas carrier (VLGC) fleet are starting to pay off.
  • Capital seals charters
    Diversified Greek operator Capital Product Partners has lined up period deals for two of its suezmax tankers.
  • Samudera back to black
    Samudera Shipping has returned to the black for 2014 as lower costs outpaced a 7% decline in revenue.
  • Dream year for Vallianz
    Vallianz Holdings has produced a stellar performance in 2014 as it saw revenue surge and earnings double during the last 12 months to December.
  • StealthGas ups the ante
    Harry Vafias-led StealthGas boosted its share buyback plan as it revealed stronger than projected fourth quarter performance today.
  • SFL boosts 2014 profit
    A decline in fourth quarter earnings has not prevented Ship Finance International (SFL) from posting a bigger profit for the full year 2014.
  • NMM lines up box buy
    New York-listed Navios Maritime Partners (NMM) has acquired an option to buy a containership built in South Korea in 2012.
  • Sealink profit slashed
    Malaysia's Sealink International has seen both its revenue and profit trimmed during the fourth quarter..
  • PNSC weaker
    Pakistan National Shipping Corp (PNSC) has posted a drop in second quarter profit as revenue declined.
  • CPLP starts again
    Greek tanker and boxship owner Capital Product Partners (CPLP) is refinancing existing borrowings with a notes issue and a new credit facility worth $520m.
  • Eidesvik sees deep red
    Eidesvik Offshore has posted a big loss for the fourth quarter, leaving its full-year bottom line deeper in the red.
  • Grindrod edges up
    Grindrod has reported a marginally stronger performance for 2014 amid struggles for both its bulker and tanker operations.
  • Kerem S sinks
    A Turkish general cargoship has sunk six days after grounding on rocks off Greece.
  • Wilson finishes in red
    Norway's Wilson has seen red in its fourth quarter bottom line as it took a hit from increased voyage duration amid bad weather.
  • Merger talk intensifies
    Chatter surrounding a potential merger between John Fredriksen's Frontline and Frontline 2012 became louder today as the stars were further aligned by their respective fourth quarter reports.
  • Bulker crewman killed
    A crewman from a bulker managed by Greece's Edem Marine has died during offloading of cargo on Thursday, Greece's coastguard said.
  • Rickmers books Q4 profit
    Rickmers Maritime has bounced back from a loss in 2013, as it overcame lower charter rates to turn a profit in the fourth quarter.
  • Philly fixes two
    Aker Philadelphia Shipyard-owned Philly Tankers has fixed two ships under construction on long-term deals.
  • Avance boosts dividend
    Avance Gas has hiked its dividend in the fourth quarter as its VLGCs continued to rake in strong returns in a hot market.
  • Pacific Basin posts $285m loss
    A "dysfunctional" bulker market and impairments have plunged Pacific Basin into the red for 2014.
  • Siem profit soars
    Siem Offshore has finished 2014 strongly as it more than quadrupled fourth quarter profit, making its full year earnings jump.
  • Charles Taylor strikes deal
    The manager of the Standard Club is adding another shipowner insurance mutual to its portfolio of businesses.
  • DHT fixes duo
    US-listed tanker owner DHT Holdings has reportedly fixed out two aframax tankers on period charter to oil major Shell.
  • Portline talk quashed
    Portline sharply denies reports that it aims to sell as many as five of its 12 trading bulkers, including three modern supramax bulkers.
  • Loss grows at Hoegh LNG
    Hoegh LNG has fallen to a bigger loss in the fourth quarter after it took a hit on its unwanted Florida LNG terminal.
  • Tallink profit down 37%
    Tallink has seen its profit for 2014 fall almost 40% but the fourth quarter performance has left room for optimism, according to the company's management.
  • Frontline crosses bond bridge
    John Fredriksen's Frontline expects to have no problem clearing its convertible bond hurdle in April.
  • Ocean Yield adds profit
    Norway's Ocean Yield has produced higher earnings in the fourth quarter as revenue increased.
  • On the FRNT foot
    John Fredriksen's Frontline 2012 has continued to build up its newbuilding orderbook while deleting contracts that had run into trouble.
  • Skaugen falls to a loss
    Norway's IM Skaugen Group has posted a loss of $27.1m for 2014 as revenue was slashed.
  • Hy-Line orders fast ferry
    Hy-Line Cruises of the US has ordered a new high-speed ferry at Gladding-Hearn Shipbuilding.
  • Impairments down Swissco
    Swissco, the Singapore offshore vessel operator, has seen its fourth quarter profit all but wiped out by a series of impairment charges.
  • Pac Radiance down 63%
    Pacific Radiance has seen a dramatic fall in fourth quarter figures as revenue dropped and operating costs came in higher.
  • Lysblink to be moved
    The DFDS general cargo vessel that ran aground off Scotland last week was due to be moved Wednesday due to bad weather.
  • Low crude boosting LPG
    LPG shipping earnings are forecast to remain buoyant on the back of low oil prices and the absence of fuel substitution, say Drewry.
  • Statoil retains LNG PSV
    Statoil has extended its employment of the world's first LNG-powered PSV, the ship's owner Eidesvik confirms.

American Shipperweb site
FEBRUARY 26, 2015
  • TSA confirms rate increases in March and April
  • Customer service, efficiency drive new hires at Long Beach, Seattle ports
  • DHS funding still hangs in the balance
  • Seaspan's profits down despite increased revenue
  • Rep. Hahn questions PMA's tactics during House hearing
  • MSC starts new service from Asia to Middle East
  • Stifel logistics index shows prolonged slump in confidence
  • ATA: Seasonally adjusted truck tonnage index up 1.2 percent in January
  • Busan sees record throughput in 2014
  • Kevin Kelly named chief executive officer of American Fast Freight
  • Port Disruption Damage Ticker
  • CORRECTION: FedEx world's largest cargo airline, not UPS

The Bunker Bulletinweb site
FEBRUARY 26, 2015
  • US-based think tank to host panels on LNG as marine fuel
    Event to be held on March 3.
  • North America's first LNG-fuelled vessel goes for a test run
    Harvey Gulf shows off groundbreaking vessel to media.
  • USCG publishes guidance on LNG bunkering
    Will help enhance the safety of LNG fuel transfer ops.
  • 'Very few' non-compliance cases in European ECA
    Low sulphur fuel is the 'primary compliance option', says EC.
  • Anti-biofouling research project at Omani university
    To feature nanotechnology.
  • Maersk: 'We will order more Triple-E vessels'
    Container line set to order 11 mega-container ships in the next four months.
  • Profit fall for Tallink
    But fourth quarter more promising.
  • Indian bunker player brings OPL barge to Mumbai
    Global Fuels & Lubricants says move addresses owners' concerns.
  • 'Market feeling pressured' as fuel oil stocks climb
    Singapore's onshore fuel oil stocks at seven-month high.
  • Pacific Basin books a loss
    Handysize operator to focus on efficiency going forward.
  • Spanish port to develop LNG bunkering infrastructure
    Authorities seeking EU funding for project.
  • Hybrid electric-LNG ship designed for coastal market
    Ship designer to present findings of feasibility study.
  • Profit drops for Grindrod in 2014
    Bunkering arm posted 25% less profit in the year, shows report.
  • Titan Petrochemicals loses investors
    Two investors have exited from the partnership, says company.
  • 'Growing demand' for oil boosts crude prices
    WTI rises despite buildup of 2.4 million barrels at Cushing, Oklahoma last week.

›››File
FROM THE HOME PAGE
Fedespedi Report: Northern Adriatic Ports Are Growing, But They Speak Slovenian and Croatian
Milan
In the first half of 2026, Trieste, Venice, Ravenna and Ancona will remain at around 819 thousand TEUs: growth in the basin will come from Koper and Rijeka
Assoporti represented the Italian position on the EU ETS at ESPO
Rome
Petri: No to the indiscriminate application of rules designed for profoundly different territorial realities.
DP World secures ten more years of management of the multipurpose terminal at the port of Luanda
Dubai
Since 2021, it has invested over 260 million dollars in it
Port of Naples, the Darsena di Levante - warns Confindustria Napoli - can no longer wait
Naples
Hupac's new shuttle train between Busto Arsizio/Gallarate and Barcelona
Noise
The three-weekly service will be inaugurated on November 9th
Uniport: Port resilience must be transformed into growth
Uniport: Port resilience must be transformed into growth
Rome
The association is calling on the government to provide clear timelines for infrastructure and dredging, to give businesses more weight in decision-making, and to amend the EU ETS.
Bangladesh seeks to increase competitiveness of ship recycling sector
Dhaka
A plant for the treatment, storage and disposal of waste resulting from ship demolition is planned
Three merchant ships hit in the Black Sea in the special economic zones of Romania and Bulgaria
Bucharest/Sofia
The accidents have resulted in a serious toll: two dead, several injured and an entire crew missing.
HD Hyundai installs first system that eliminates container lashing and unlashing on ships
HD Hyundai installs first system that eliminates container lashing and unlashing on ships
Seoul
A 13,000 TEU container ship from CMA CGM has been equipped with it
Attacks on ships in the Strait of Hormuz continue
Southampton/London
Another vessel was hit yesterday. There have been 93 incidents in the Middle East since the beginning of the year.
Deep Wave expands its digital platform to passengers and cruises
Graz
Investment in Austrian MarineXchange
Construction of a cruise terminal has begun in the Japanese port of Naha.
Naha
Operations are scheduled to begin in March 2028.
Assiterminal promotes port reform, but calls for corrections to Ports of Italy.
Genoa
Three critical issues were highlighted by the terminal operators: the role of the AdSP, the overlap between the grantor and the concessionaire, and the retroactivity of the new regulations.
LNG Ships and Taxonomy: EU Court Rejects Lack of Methane Limits
The Commission will have to set a methane emissions threshold for maritime transport criteria. The appeal by three NGOs was partially upheld.
Ports: The EU Commission calls on Italy to reject the national flag requirement for towing and mooring.
Brussels
France and Spain also received a reasoned opinion: two months to comply with the regulation on port services.
Another ship attacked in the Strait of Hormuz
Southampton/Tehran
Iran faces a shortage of basic goods, which are also imported through the Persian Gulf.
European Corridors: Italy Faces the 2030 Challenge
Brussels
National infrastructure largely compliant, but timing and funding of key projects remain uncertain
Electrification of ports and airports: the electricity grid is the new bottleneck
Brussels
Transport & Environment calls for speeding up connections and moving beyond the "first come, first served" criterion.
Boluda manages the multipurpose terminal at the Príncep d'Espanya pier in the port of Barcelona
Barcelona
The concession contract will have a duration of 16 years
The current value of Aeroporto di Genova Spa is between 14.9 and 15.9 million euros.
Genoa
PwC's assessment presented
FEPORT: EU ETS should not push transhipment out of Europe
Brussels
The terminal operators' federation calls on the ENVI commission to strengthen measures against tax evasion and to allocate part of the ETS revenues to ports.
New series of attacks on ships in the Strait of Hormuz
Southampton/Tehran/Tampa
Three tankers hit by shells. Another vessel caught fire.
Eurokai, higher revenues but lower profits
Eurokai, higher revenues but lower profits
Hamburg
Revenue up 14.4% and traffic up 8.3%, but net profit fell by 8.3% due to the lower share of Eurogate.
Genoa's boarding tax: the Regional Administrative Court rules in favor of the City Council.
Genoa
The appeal of shipowners and shipping agents was rejected
Carnival reports record revenues and profits in the June-August quarter despite a 36% increase in fuel costs.
Carnival reports record revenues and profits in the June-August quarter despite a 36% increase in fuel costs.
Miami
Customer deposits are at their highest. Prices and occupancy are expected to record next year.
Winners and losers in port connectivity: the long journey of Italian ports' ups and downs.
Winners and losers in port connectivity: the long journey of Italian ports' ups and downs.
Geneva
UNCTAD indices reveal a changing Mediterranean: Italy slips to seventh place, La Spezia, Trieste and Vado Ligure grow, while the South loses ground.
Electric trucks more affordable than diesel in six major EU markets
Brussels
According to T&E, in countries that account for 46% of European sales, electric vehicles have already become cheaper in five years. Italy, Spain, and Poland are lagging behind.
AP Moller Capital to acquire majority stake in Euroports
Copenhagen/Antwerp
R-Logitech will exit the capital, while PMV and SFPIM will remain shareholders
China, exports are growing but ports are slowing down
Beijing
In August, global foreign trade increased by +19.8%, but international goods handled by seaports decreased by -2.3%.
From Puertos del Estado to Ports of Italy: the same inspiration, an opposite outcome.
Genoa
For port reform, the government is referring to the Spanish model, but is building the exact opposite: yet another counter that the Italian corporate spirit knows how to invent so well.
Maritime ETS: Brussels opens up to hybrid and electric ferries, but Interferry demands more.
Brussels
The proposed revision strengthens the SMAP mechanism but leaves the issue of port networks and infrastructure to AFIR and FuelEU Maritime
Seafarer killed aboard bulk carrier attacked in the Strait of Hormuz
New Delhi/Southampton/Tehran
The other crew members were rescued.
Freight traffic in the ports of Genoa and Savona-Vado continues to oscillate between signs of recovery and slowdown
Genoa
In July, volumes increased in both Ligurian ports
Trasportounito offers an automatic system to adjust road haulage rates to the price of diesel.
Rome
Seafarers, five years after the Code of Conduct, the gap between policy and reality remains.
London
Shipping companies' compliance is growing, but issues remain regarding fatigue, psychological safety, complaints and recruitment fees.
Last month, ship traffic in the Suez Canal increased by +26.9%
Ismailia
In the first eight months of 2026, it was crossed by 9,602 ships (+17.4%)
Decision on crucial rail section of Scandinavian-Mediterranean Corridor in Germany postponed again
Hamburg
German port operators are calling for an acceleration of both new infrastructure and the upgrading of the existing line.
Kuehne+Nagel agrees to long-term strategic partnership with Amazon
Schindellegi
The agreement includes a call option on existing shares of the logistics group
MSC in talks to acquire German shipbuilding group Meyer Werft
New York
Currently, 80.73% of the capital is held by the German Federal Government and the State of Lower Saxony.
Trafigura creates a new shipping company dedicated to oil transport
Geneva
Initially Volare Shipping has a fleet of six VLCCs plus eight under construction
Shipowners are calling on EU member states to approve the inclusion of two Indian shipyards in the European list of ship recycling facilities.
Brussels
The new headquarters of the Italian Merchant Marine Academy has been inaugurated in Genoa.
Genoa
French ports see a balance between increases and decreases in the second quarter.
Paris
Total traffic reached 71.1 million tons (-0.2%). Containers increased by 8.1%.
The Genoa Port Master Plan, the Pra' dock, and the Multedo chemical depots are the thorniest issues in the discussions with operators and the local community.
Genoa
Crosetto: The Italian Navy will ensure the safe transit of Italian ships through the Strait of Bab el-Mandeb.
La Spezia
We have - the Minister of Defense underlined - the capabilities to protect its passage
Assiterminal: Seabed certainty and planned dredging are essential for port competitiveness.
Genoa
Mordeglia: We don't just need a simpler rule, we need a predictable one.
Germany is reforming VAT to make its ports more competitive.
Hamburg
The Conference of Finance Ministers approves the compensation model that should eliminate the pre-financing of the tax from 2030
Saudi Arabia denounces that the Houthis are pursuing a policy aimed at "strangling the Straits", holding the international community hostage
New York
The UN Security Council is divided between condemnations and calls for negotiations.
WTO: A reform of the trading system could increase global GDP by 3% by 2050
Geneva
The World Trade Report 2026 warns of the costs of fragmentation: up to 7% less global GDP in a world dominated by free trade agreements
One in ten containers is not up to standard
Washington
WSC publishes 2025 inspection data: out of 93,079 units inspected in seven countries, 9,645 had deficiencies
Maersk and Hapag-Lloyd to bring back four services on the Suez Canal route
Copenhagen/Hamburg
The lines connect Asia with Europe/Mediterranean
Neri and Nova Marine Carriers Groups to Control Calata Orlando Terminal
Lugano
The Livorno terminal will be the subject of a significant investment
Cavotec and EVIAS sign agreement for charging electric port vehicles on the move.
Stockholm
The Swedish company becomes the exclusive distributor and installer for the port sector of the French company's technologies
Hapag-Lloyd signs agreement with DP World to secure terminal capacity in Africa
Hamburg
The agreement concerns the ports of Dakar, Luanda, Dar es Salaam, Banana and Maputo
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Gioia Tauro: Addendum to the updated Port Plan approved
Gioia Tauro
The analysis will allow us to evaluate the Port Agency's employment and staffing needs.
Ships queuing, fuel wasted: how waiting at anchor can save you money.
Copenhagen
The Global Maritime Forum publishes Cargill's test results on 16 real-world voyages. Slowing down and arriving when the berth is free reduces fuel consumption and emissions.
ZIM raises full-year 2026 guidance
Haifa
Adjusted EBITDA and EBIT expected to be $2.7 billion/$3.0 billion and $1.4 billion/$1.7 billion
Gabriele Sangiorgi appointed acting secretary general of the Ravenna Port Authority.
Ravenna
Fabio Maletti's term has expired
Port of Genoa: Messina Terminal workers strike for one hour for a month
Genoa
The company reports that one of the union members did not show up at the last meeting as part of the cooling-off procedure provided for by the National Collective Labour Agreement.
Port of Taranto, agreement to participate in the development of the Valbasento Interporto in Ferrandina.
Matera/Taranto
A logistical-functional masterplan will be developed within 180 days
Attica, the deficit is reduced thanks mainly to capital gains and coverage
Kallithea
First half of the year with fewer crossings and slightly increasing revenues
Since the beginning of the year, passengers and goods on GNV ships have increased by +2% and +5%
Marrakech
Three-year strategic partnership with the Office National Marocain du Tourisme
Escola Europea - Intermodal Transport celebrates its 20th anniversary
Barcelona
A Mediterranean sea voyage between Barcelona, Civitavecchia, Palermo, and Genoa.
Filt Cgil, recognize maritime and port work as arduous
Rome
The union is calling for a clear provision to be included in the next budget law.
Tanker attacked in Hormuz
Southampton
The unit continued its navigation regularly
FS Logistix and Interporto Bologna presented the first Italian experimental DAC train
Assologistica event to discuss the Mediterranean strategy for Italian competitiveness
Rome
It will be held next October 30th in Naples
Sanilog launches a special cancer prevention campaign.
Rome
Three new areas dedicated to the prevention of head and neck and oral cavity cancers and the assessment of vascular risk
Contract awarded for dredging and completion of the electrification of the docks at the port of Gioia Tauro.
Gioia Tauro
They will be carried out respectively by Dravo and RTI Saet-Suardi
Student Naval Architect Award Awarded in Genoa
Genoa
The d'Amico Group and the Royal Institution of Naval Architects recognize excellence in naval engineering.
Freight transport is more expensive for Malta: €35 million per year between ETS, FuelEU and BAF
Zebbug
The hauliers' association calls on the government to challenge a European policy designed for the continent.
CMA CGM has finalized the acquisition of FedEx Supply Chain.
Marseille/Atlanta
With the transaction, CEVA Logistics' presence in North America has tripled.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Contships to order 10 feeder vessels with options for a further 10+10
Athens
Letter of intent with China's Hubei Guangji Green Energy Shipbuilding Group Co.
DP World signs agreement to develop deepwater port in Nigeria's Ogun State.
Dubai
The project includes approximately four kilometers of docks
New port regulations for Civitavecchia, Fiumicino, and Gaeta have been approved.
Civitavecchia
The procedural agreement with Interminal in Gaeta has been approved.
Kotug Acquires Majority Stake in Vortex Offshore
Rotterdam
The Dubai-based company provides maritime services to the offshore industry in the Middle East.
Over €1.9 billion in Spain to improve road and rail connections between ports
Madrid
Port authorities will contribute 875.1 million euros
Attica Holdings sold the ro-pax vessel Levka Ori for €8.3 million.
Kallithea
The ferry was built in 1987
DFDS's Trieste-Damietta ro-ro service will become bi-weekly in mid-October
Copenhagen
Inserting a second vessel into the route
The Italian Merchant Marine Academy increases cooperation with the Port of Durres.
Genoa
A memorandum of understanding has been signed
A volume on the history of the Tuscan port system will be presented in Livorno on Friday.
Livorno
A comparison of the key players in the port sector: from the reforms of the 1990s to the challenges of the future.
Suardiaz takes delivery of a 5,000-car LNG-powered car carrier
Madrid
A second PCTC vessel is expected in mid-2027
Hapag-Lloyd raises its 2026 outlook further
Hamburg
Strong demand and rising spot freight rates are pushing the company to significantly increase its EBITDA and EBIT forecasts.
UNIPORT's public meeting will be held in Rome on October 6th.
Rome
Debate on port reform and other relevant aspects of the sector
Pilot project for the production and use of green hydrogen at the port of Savona
Savona
Paroli (Western Ligurian Port Authority): a port area has been identified for work.
Tarros and Nurminen Logistics launch new Scandinavian-Mediterranean intermodal service
La Spezia/Helsinki
The land route connects Örebro, Parma and La Spezia
The first caisson of the breakwater protecting the regasification plant off the coast of Ravenna has been laid.
Ravenna
The maritime work will be approximately 900 metres long
Fincantieri and PT PAL sign agreement for the modernization of an Indonesian Navy vessel
Trieste
This is the "Kri Sriwijaya" unit (formerly "Giuseppe Garibaldi")
In Italy, the blue economy is worth 225 billion, and the nautical industry alone exceeds 10 billion in exports.
Rome
SACE's Focus On presented at the Genoa Boat Show
Fire aboard the Blue Star Ferries ro-ro vessel Blue Carrier 2
Kallithea
The 29 people on board were evacuated
Costs and timescales for the reconstruction of the four US Navy shipyards are rising exponentially.
Washington
If in 2018 21 billion dollars and 20 years of work were expected, today the estimate is 200 billion and at least 50 years.
Shipping faces its triple challenge: decarbonization, geopolitics, and the new geography of the automotive industry.
Chaff
At the Euromed Convention in Grimaldi, the sector is dealing with new environmental regulations, increasingly exposed routes and the shift of automotive production towards Southeast Asia.
Orizzonte Sistemi Navali signs a €3.7 billion contract for two destroyers
Trieste
The "Domenico Millelire" PPA has been delivered to the Navy.
Livorno: The Supreme Court of Cassation overturns the convictions in the Darsena Toscana docks affair.
Rome
The appeal ruling overturned the court's acquittal and convicted three defendants of ideological forgery.
The Port of Rijeka expects to close 2026 with a record container traffic of 800,000 TEUs.
River
With the new terminal on the island of Krk, traffic could rise to 1.7 million TEUs
Offshore wind energy funding: Pichetto reassures Taranto, but Taranto demands certainty.
Taranto
The 2026 funding for the Apulian port drops to €13.9 million. Gugliotti hopes for a formal confirmation of the remaining resources in 2027.
Port reform: The majority pushes ahead with Porti d'Italia SpA
Rome
The Chamber's Transport Committee rejects the opposition's suppressive amendments.
Gela's Porto Rifugio has received a favorable opinion for dredging the port's waters.
Palermo
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
Assologistica event to discuss the Mediterranean strategy for Italian competitiveness
Rome
It will be held next October 30th in Naples
UNIPORT's public meeting will be held in Rome on October 6th.
Rome
Debate on port reform and other relevant aspects of the sector
››› Meetings File
PRESS REVIEW
Cosco Shipping arm readies China IPO to capitalise on global shipbuilding wave
(South China Morning Post)
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Greenbrier Europe to produce NIK transshipment system for TX Logistik
Troisdorf/Berlin
Allows rapid loading of non-craneable semi-trailers onto trains
Maersk opens its own logistics center in the heart of Germany
Herleshausen
Located in Herleshausen, it has a surface area of 71,800 square meters
South Korea's HJ Shipbuilding & Construction Co. wins orders for four new 10,100 TEU containerships
Busan
The contract has a total value of approximately 500 million dollars.
Democratic Party: The government's port reform paves the way for privatization of Italian ports.
Rome
Ghio and Misiani: it also takes resources and skills away from the territories
Port self-production: The Council of State denies the segmentability of the authorization pursuant to Article 16, paragraph 3.
Rome
Cartour's "partial" authorization in the port of Salerno has been suspended.
Port of Miami closes fiscal 2026 with record cruise traffic
Miami
The threshold of ten million passengers has been exceeded, compared to 8.56 million in the previous financial year.
The Grimaldi Group has taken delivery of the new pure car and truck carrier Grande Egitto.
Naples
Its load capacity reaches 9,800 ceu
Port reform will be discussed in Genoa on October 2nd.
Genoa
Workshop organized by the AdSP and the Altero Matteoli association
Fratelli Cosulich strengthens its logistics network with the opening of Express Global Dubai
Dubai
Teresa Cosulich will be responsible for the new logistics office.
"A Sea of Switzerland" will be held in Lugano on October 9th
Lugano
Ninth edition of the International Forum on Transport and Infrastructure
New attack on a ship in the Strait of Hormuz
Southampton
A bullet caused minor injuries to two crew members
Brullo Group orders three 40,800-ton deadweight oil/chemical tanker vessels
Rome
Order to the Chinese shipyard Anhui Shipyard
A new megayacht production, maintenance, and storage hub opens in Trieste.
Trieste
Trieste Shipyards was founded by Seadock (Samer group) and Yachting Expertise and is owned by Friulia
Confitarma applauds the government's initiative to protect Italian ships in the Red Sea.
Rome
Zanetti: Maritime security is, in effect, a component of national economic security
Unions approve the platform for the single collective bargaining agreement for the shipping industry.
Rome
Filt, Fit and Uilt, is structured around three central elements such as salary, protection, participation and thirteen concrete requests
FHP Intermodal is increasing the frequency of its freight rail service between Fiorenzuola and Incoronata/Bari.
Milan
It goes up to five days a week
This year over 2,000 large yachts operated along the Italian coasts
Rome
Plus 10% for owned boats and a substantially stable trend for chartered ones
The event "Cyber-resilience in the maritime sector: defense, regulations, and European cooperation" will be held in Rome on Tuesday.
Rome
It is organized by Var Group and Confitarma
Smeup, with the acquisition of HTG, expands its portfolio in the logistics and transport sector
Erbusco
The Turin-based company specializes in the development of proprietary software
Saudi Arabian ports: Liquid bulk throughput to decline sharply in 2025
Riyadh
Total traffic fell to 298.3 million tonnes (-10.9%)
A delegation from the Lithuanian port of Klaipeda visited the port of Livorno
Livorno
In-depth comparison of their respective infrastructure development plans
New OOCL service between the Western Mediterranean and Canada
Hong Kong
Collaboration with Ocean Alliance companies and other carriers
The port's future is at the center of the event celebrating the 80th anniversary of Assosped Venezia and Asamar Veneto.
Venice
A conference on Friday will be the highlight of the festival
Increase in port workers at the ports of Monfalcone and Milazzo
Rome
Green light from the General Directorate for Ports, Logistics and Intermodality of the Ministry of the Interior.
Cargo traffic in Greek ports is sharply declining
Piraeus
Stagnation in passenger numbers
Mercitalia Shunting & Terminal has purchased eight Eurolight Dual bimodal locomotives
Rome
Container traffic in the port of Hong Kong grew by 22.1% last month.
Hong Kong
Total for the first eight months of 2026 unchanged
AGV Expo, a new European trade fair dedicated to self-guided vehicles, will be held in Piacenza next month.
Genoa
The event will also host a rich program of conferences
Massive transnational fraud discovered in the road haulage sector
Chieti
Illegal employment of non-EU workers
Cargo traffic at the port of Singapore decreased by -4.9% in August
Singapore
In the first eight months of 2026, the port handled 30.7 million containers (+4.2%)
Cochin Shipyard and Drydocks World to jointly develop new international ship repair center in Cochin
Mumbai
An Iranian merchant ship was hit in the Strait of Hormuz
Tehran/Southampton
One sailor died and four other crew members were injured.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
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